Back 566 Main St
Active

566 Main St

Kangaroo Point QLD 4169

14
7
10
0 m²
1824 m²
Other
Currently for sale - view listing

Overview

Prime Development Opportunity

Set across three adjoining lots in one of Kangaroo Point's most sought-after pockets, this rare offering combines scale, flexibility, and exceptional future potential. Spanning a total of 1,824m² (3 x 608m² blocks, each with an 11.3-metre frontage), the properties are available to be purchased together or separately, presenting a wide range of opportunities for developers, investors, or owner-occupiers. Benefiting from multi-use zoning and free from heritage overlay or flooding constraints, the combined site offers outstanding scope for redevelopment, including townhouses, apartments, subdivision, or the creation of a landmark residential project. There is potential to build up to eight levels on the land, subject to council approval, further enhancing the site's long-term development appeal. With strong underlying land value and multiple pathways to add value, this is a true blue-chip opportunity in a high-growth inner-city precinct. 566 Main Street is a low-set brick residence built in 1975, offering three bedrooms, two bathrooms, accommodation for up to five vehicles, and an in-ground swimming pool on a 608m² allotment. The property presents excellent holding income potential while contributing further scale and flexibility to the overall landholding. 572 Main Street is a substantial 1950s residence comprising five bedrooms, three bathrooms, two-car accommodation, and a shed on a 608m² block—ideal for immediate rental income or as a holding asset while planning your next move. 578 Main Street features a six-bedroom, two-bathroom home with extensive parking for up to six vehicles on a 608m² block offering strong appeal for large households or high-yield rental configurations. Positioned just minutes from the CBD and the popular river boardwalk, this prime location delivers an enviable lifestyle alongside exceptional connectivity. With significant infrastructure investment and the upcoming Olympic Games continuing to drive growth across the area, the long-term upside is undeniable. Whether secured as a combined landholding or individual acquisitions, this is a rare chance to capitalise on size, zoning, and location in one of Brisbane's most tightly held and rapidly evolving suburbs. Opportunities of this scale—offering a combined 1,824m² landholding with approximately 33.9 metres of combined frontage in a premier inner-city location—are becoming increasingly scarce. Disclaimer: All information contained herein is gathered from sources we consider to be reliable however we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.

Features

14 bedrooms
7 bathrooms
10 carspaces
10 carport spaces
0 m² floor area
1824 m² lot size
Other

Property history for 566 Main St

2023
Sold
$1,650,000
06 Dec 2023 by Sam Peterffy, of Belle Property West End
2021
Rented
Undisclosed
Leased on 18 Apr 2021 by Aurora Realty Brisbane
2020
Rented
Undisclosed
Leased on 27 Sep 2020 by Kangaroo Point Real Estate | Inner Brisbane Property Group

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 14 bedroom other properties in Kangaroo Point

© 2026 RateMyAgent