Back 114/85 Deakin Street
Off Market

114/85 Deakin Street

Kangaroo Point QLD 4169

1
1
1
43 m²
Apartment
Last sold for $485,000
Soren AndersenSoren Andersen, last sold this property on 04 August 2025 after -2 days on market.

Overview

SOLD OFF MARKET

Perfectly positioned in the boutique Quest on Story Bridge complex, this beautifully updated one-bedroom, one-bathroom apartment with secure car parking presents an exceptional opportunity for savvy investors or first-time buyers seeking low-maintenance, inner-city living. Set in the vibrant heart of Kangaroo Point and under secure long-term management, this property offers guaranteed rental returns—making it a smart addition to any investment portfolio. The open-plan layout is designed for modern living, with a spacious living area flowing into a well-appointed galley kitchen. Soaring ceilings create a light-filled ambience, while the mezzanine-level master bedroom with private ensuite adds a touch of architectural flair. The bedroom includes a built-in wardrobe and study desk, making it as functional as it is stylish. Step outside onto the private patio—perfect for morning coffees, relaxing evenings, or entertaining guests. Inside, the bathroom features a contemporary white and mint palette with a modern glass-walled shower and sleek vanity. Additional features include: • Air conditioning and ceiling fans throughout • Secure parking for one vehicle • Option to purchase fully furnished or unfurnished • Positioned on the first floor for ease of access • Plenty of internal storage • Located steps from the Story Bridge Hotel, cross-river ferry, and future green bridge to the CBD Whether you're seeking a premium investment with strong yields or a low-maintenance home in a sought-after location, this apartment delivers exceptional value in one of Brisbane's most connected suburbs. It is hard to find a better location, close to the Gabba, with the Cross River Rail already under construction, and just moments away the new Green Bridge from Kangaroo Point to the city. Kangaroo Point is an upscale inner-city peninsula paradise, surrounded by water and parklands. Transport needs are serviced by ferries, City Cats, buses with quick access to the Clem Jones tunnel, South East Freeway and Story Bridge. Entertainment is supplied by the Jazz Club, Story Bridge Hotel and the Gabba'. The area boasts many high-quality restaurants and cafes, all within walking distance. Those who reside in Kangaroo Point enjoy the benefits of an inner-city lifestyle in a peaceful setting without the hustle and bustle. Strong demand exists for both rentals and sales in this exclusive premier location.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
43 m² floor area
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Kangaroo Point over the last 12 months, the estimated median property value of 114/85 Deakin Street is $623.5k.

Median value
$623.5k
Estimated value range
$282k - $5.3m
Median days on market
21
Estimated value trend
7%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Kangaroo Point. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 114/85 Deakin Street

2025
Sold
$485,000
04 Aug 2025 by Soren Andersen, of Kangaroo Point Real Estate | Inner Brisbane Property Group
2021
Sold
$242,000
Private Sale/Treaty on 15 Aug 2021 by Michael Bacon, of Place Estate Agents Kangaroo Point

Happy sellers in Kangaroo Point

95%
95% of sellers in Kangaroo Point reported that their sale price either exceeded or met their price expectations.

Kangaroo Point stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 47 reviews in Kangaroo Point over the last 12 months.

Local market activity for 1 bedroom apartments in Kangaroo Point

In the last 12 months, 58 one-bedroom apartments similar to 114/85 Deakin Street, have been sold.

This represents a 7% decrease in one-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Kangaroo Point

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent