346/85 Deakin St

Off Market

346/85 Deakin St

Kangaroo Point QLD 4169

71 m²

Apartment

Last sold for $592,000

Soren Andersen, last sold this property on 15 June 2025 after -4 days on market.

Overview

Entry Level Two Level Apartment in the Heart of Kangaroo Point

This beautifully updated two-bedroom, two-bathroom, double-storey hotel apartment in the highly sought-after 'Quest on Story Bridge' is the perfect choice for savvy investors. The property is under secure long-term management, offering guaranteed rental returns. The open-plan design boasts a spacious living area flowing into a well-appointed galley kitchen. The master bedroom, located on the mezzanine level, features a private ensuite and overlooks the stylish living area below. Buyers have the flexibility to purchase the apartment fully furnished or unfurnished, making it ideal for both investors and first-time buyers. A private patio provides a seamless indoor-outdoor experience, perfect for relaxing or entertaining. Positioned next to the Story Bridge Hotel, Rivercity Terraces offers unbeatable convenience—just moments from local dining, shopping, the cross-river ferry, and the upcoming green bridge to the CBD. Features: - Air Conditioned - Renovated pool area - 'Hassle Free' investment - Size: 71sqm Body Corporate: Approx $5,885 per annum Approx Council Rates: Approx $2,000 per annum 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

2 bedrooms

2 bathrooms

1 carspace

1 garage space

71 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 346/85 Deakin St is $940k.

Median value

$940k

Estimated value range

$585k - $1.95m

Median days on market

Estimated value trend

22%

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 346/85 Deakin St

2025

Sold

$592,000

15 Jun 2025 by Soren Andersen, of Kangaroo Point Real Estate | Inner Brisbane Property Group

2017

Sold

$330,000

29 Jan 2017 by Soren Andersen, of Kangaroo Point Real Estate | Inner Brisbane Property Group

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 2 bedroom apartments in Kangaroo Point

In the last 12 months, 103 two-bedroom apartments similar to 346/85 Deakin St, have been sold.

This represents a 25% increase in two-bedroom apartments sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Kangaroo Point for a free market appraisal.

Lindsay Brown

at Kangaroo Point Residential

(67 reviews)

Get a free market appraisal

Soren Andersen

at Kangaroo Point Real Estate | Inner Brisbane Property Group

4.9

(191 reviews)

Get a free market appraisal

Richard Willert

at Place Estate Agents Kangaroo Point

(35 reviews)

Get a free market appraisal

Daniel Cummings

at Place Purpose Group Stafford

(4 reviews)

Get a free market appraisal

Nearby agents

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

Lindsay Brown

Sellers who recommend Lindsay Brown have praised them for being local expert, clear communication, responsive, stress-free process, honest, well-prepared and reliable