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572-578 Main Street

Kangaroo Point, QLD 4169, Australia
Auction
11 bed 5 bath 5 car1216m²

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About this property

Set across two 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 1,216m² (2 x 608m² blocks, each with a 12-metre frontage), the properties are available to be purchased together or separately-presenting a plethora of opportunities for developers, investors, or owner-occupiers. 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. 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, 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 Olympics 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.

Property Features

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    Repayment calculator

    $5,818/month
    $2,909 /fortnight
    Loan $960,000 at 6.10% over 30 years

    Price estimated from comparable nearby — edit below to use your own number

    Upfront costs

    Deposit$240,000
    Stamp duty$49,525
    Conveyancing (est.)$2,000
    Total upfront$291,525
    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
    11
    Bathrooms
    5
    Parking
    5
    Land Area
    1216m²
    Listed
    1 month ago

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