Back 506/59 Oconnell Street
Off Market

506/59 Oconnell Street

Kangaroo Point QLD 4169

2
2
1
Unit
Last sold for $785,000
Michael OrtizMichael Ortiz, last sold this property on 11 August 2024 after 25 days on market.

Overview

Exquisite Designer Living in Kangaroo Point

Boasting attractive metropolitan views, this sophisticated fifth floor apartment delivers an enticing modern aesthetic with floor-to-ceiling windows, a well-integrated balcony and state of the art finishes. Set in the ultra-exclusive Magnus building, the residence is so quiet yet immensely convenient. It's a leisurely short stroll to the Howard Smith Wharves entertainment precinct, the Brisbane River Walk, Captain Burke Park and a plethora of café and restaurant options. - Exquisite decor, timber flooring, premium finishes throughout - Open plan living, dining and kitchen zone with floor to ceiling windows - Fabulous entertainers' balcony with irreplaceable views - Custom, Scandinavian inspired kitchen with gas cooking - Spacious bedrooms with built-in robes, ducted air-conditioning throughout - Bespoke, well-considered bathrooms, master with private ensuite - Secure building, allocated car space with remote access - Rooftop pool and entertainment area with stunning views - Constructed in 2018, premium Kangaroo Point peninsula address - Prime opportunity for professionals, downsizers, and astute investors

Features

2 bedrooms
2 bathrooms
1 carspace
1 open car space
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Kangaroo Point over the last 12 months, the estimated median property value of 506/59 Oconnell Street is $900k.

Median value
$900k
Estimated value range
$675k - $1.9m
Median days on market
24
Estimated value trend
20%
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 506/59 Oconnell Street

2024
Sold
$785,000
11 Aug 2024 by Michael Ortiz, of McGrath Wilston
2023
Rented
Undisclosed
Leased on 20 Aug 2023 by McGrath Wilston
2021
Rented
Undisclosed
Leased on 15 Feb 2021 by McGrath Wilston

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 48 reviews in Kangaroo Point over the last 12 months.

Local market activity for 2 bedroom units in Kangaroo Point

In the last 12 months, 26 two-bedroom units similar to 506/59 Oconnell Street, have been sold.

This represents a 44% increase in two-bedroom units sales when compared to the previous 12 months.

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