Back 127 Princess Street
Off Market

127 Princess Street

Kangaroo Point QLD 4169

3
2
2
405 m²
House
Last sold for $1,735,000
Brandon WortleyBrandon Wortley, last sold this property on 25 July 2025 after 28 days on market.

Overview

Character Cottage + Second Dwelling/Home Business Set Up

Positioned in one of Brisbane's most earmarked and exciting inner-city suburbs, this charming character cottage offers a rare blend of old-world character and modern flexibility - perfect for homeowners, investors, or creatives seeking a vibrant city-edge lifestyle. Step inside and be greeted by original timber floors, 3-metre high ceilings, and classic VJ walls adorned with ornate breezeways - timeless features that speak to the home's character charm. The refurbished kitchen brings functionality and style, while the single bathroom is complemented by a separate toilet, adding practicality to the home's clever layout. At the rear of the property, a fully approved, separate modern dwelling offers endless potential. Whether you're after a home office, AirBnb income, teenager's retreat, or the ultimate man (or woman!) cave - this space has been thoughtfully designed to suit a variety of uses. The house is slabbed underneath and can house two cars as well as ample storage or a gym, but is ripe for raising an building under if so desired. Located in booming Kangaroo Point, with CBD access within minutes as well as The Gabba, river walks, parklands, cafes, and transport at your fingertips, this is a blue-chip opportunity not to be missed. Features at a glance: * 2 bedroom, 1 bathroom workers cottage presented in good condition * Blue chip, flat 405sqm block in one of Brisbane's most anticipated markets * Refurbished kitchen with modern appliances * Original character features throughout * Separate, approved modern dwelling with multiple use options * Quiet street in one of Brisbane's fastest-growing suburbs Whether you're buying to live in, invest, or explore the potential of dual living or rental income, this unique offering is sure to impress. Opportunities like this are rare - inspect now and secure your slice of Kangaroo Point charm. Owners have set an auction date of Saturday 26th July with the auction to be held onsite at 12:00pm. All pre-auction offers are to be submitted in writing for consideration. Contact marketing agents Brandon Wortley on 0447 269 591 or Bri Suey on 0412 720 744 for further information. * This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
405 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Kangaroo Point over the last 12 months, the estimated median property value of 127 Princess Street is $1.74m.

Median value
$1.74m
Estimated value range
$1.35m - $4.5m
Median days on market
24
Estimated value trend
12%
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 127 Princess Street

2025
Sold
$1,735,000
25 Jul 2025 by Brandon Wortley, of Ray White Bulimba
2016
Sold
Undisclosed
29 Apr 2016 by Karen Pierce, of Ray White South Brisbane

Happy sellers in Kangaroo Point

94%
94% 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 46 reviews in Kangaroo Point over the last 12 months.

Local market activity for 3 bedroom houses in Kangaroo Point

In the last 12 months, 12 three-bedroom houses similar to 127 Princess Street, have been sold.

This represents a 50% decrease in three-bedroom houses sales when compared to the previous 12 months.

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