16/161 Main St

Off Market

16/161 Main St

Kangaroo Point QLD 4169

104 m²

Apartment

Last sold for $765,000

Annabelle O'Hare, last sold this property on 27 September 2026 after 19 days on market.

Overview

Rare Riverside Location at Entry Level

Set on the top level of the sought-after River Reach complex, this refined residence is perfectly positioned to benefit from Kangaroo Point's wave of infrastructure investment. Just minutes from Brisbane's CBD, riverwalks and an easy stroll to the suburb's most celebrated attractions, this is a rare opportunity to secure a home in one of Brisbane's standout growth corridors. If capital growth is what you're after, Kangaroo Point speaks for itself. Apartments here have consistently outperformed those in West End, South Brisbane and the CBD, making it a genuinely smart choice for wealth creation, whether you're securing your first home, upgrading to inner-city living, or building an investment portfolio. That performance is no accident: significant infrastructure investment, including the Kangaroo Point Pedestrian Bridge, ongoing Cross River Rail works and Brisbane's transformation ahead of the 2032 Olympic and Paralympic Games, is reshaping the peninsula, while a tightly held apartment market and limited new supply keep demand and value climbing. A stone's throw from the riverwalk and leafy parklands, the apartment also offers low body corporate fees, lift access and onsite management - a combination that supports both liveability and long-term rental appeal. Inside, plush carpeted floors and full-height glass frame a spacious open-plan living and dining area. Step out to the covered balcony, an ideal spot to entertain, dine al fresco or unwind at sunset while taking in sweeping views of the Story Bridge. The kitchen impresses with stone benchtops, quality appliances, a tiled splashback and generous cupboard storage. The apartment comprises a generous master bedroom and a sizeable second bedroom, each fitted with built-in robes and balcony access, along with a well-appointed main bathroom featuring a shower over bath. Additional features include secure parking for one vehicle, split-system air-conditioning and abundant storage. Residents also enjoy access to the complex's resort-style facilities, including a swimming pool and spa, a fully equipped gym, and a barbecue entertainment area with city views. Currently vacant, this residence is ready for immediate occupancy. Positioned close to the Kangaroo Point Pedestrian Bridge and an excellent choice of shops and dining, this exceptional apartment also places you moments from the fashionable Howard Smith Wharves, James Street and Eagle Street Pier precincts. Zoned for East Brisbane State School and Coorparoo Secondary College, the property is also a short drive from Saint Joseph's Primary School, All Hallows' School and Somerville House - further reinforcing its appeal to families and investors alike. Body Corporate: approx. $8,500 per annum Council Rates: approx. $612 per quarter Water: approx. $335.85 per quarter A property of this calibre, in a location with this level of infrastructure-backed growth potential, won't last long. Call today to arrange your inspection - 0418 884 734.

Features

2 bedrooms

1 bathroom

1 carspace

1 garage space

104 m² floor area

Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Kangaroo Point over the last 12 months, the estimated median property value of 16/161 Main St is $965.5k.

Median value

$965.5k

Estimated value range

$585k - $2.08m

Median days on market

Estimated value trend

21%

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 16/161 Main St

2026

Sold

$765,000

27 Sep 2026 by Annabelle O'Hare, of Enclave Property Group

2023

Rented

Undisclosed

Leased on 01 Feb 2023 by My Mermaid Home

2021

Sold

$482,000

Private Sale/Treaty on 27 Jul 2021 by Annabelle O'Hare, of Place Estate Agents Kangaroo Point

Happy sellers in Kangaroo Point

93%

93% 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 39 reviews in Kangaroo Point over the last 12 months.

Local market activity for 2 bedroom apartments in Kangaroo Point

In the last 12 months, 88 two-bedroom apartments similar to 16/161 Main St, have been sold.

This represents a 35% increase in two-bedroom apartments sales when compared to the previous 12 months.

Sold

For Sale

For Rent

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