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566-578 Main Street

Kangaroo Point, QLD 4169, Australia
$10m
14 bed 7 bath 10 car1824m²

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Area Price Guide
$9.40m$10.60m

Indicative price guide range

🏘️
78
Comparable
📊
$1.20m
Area median
⚖️
+733%
vs median
📐
$5,482
Per m²
📏
1824 m²
Land
🗓️
Today
Listed

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About this property

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 blockideal 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 scaleoffering a combined 1,824m² landholding with approximately 33.9 metres of combined frontage in a premier inner-city locationare 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.

Property Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $48,480/month
    $24,240 /fortnight
    Loan $8,000,000 at 6.10% over 30 years

    Upfront costs

    Deposit$2,000,000
    Stamp duty$555,525
    Conveyancing (est.)$2,000
    Total upfront$2,557,525
    Verify with QLD revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    14
    Bathrooms
    7
    Parking
    10
    Land Area
    1824m²
    Listed
    Today

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