Brisbane Property – Kangaroo Point
Parts of Brisbane were oversupplied with new apartments in recent years, which lead many to become wary of Brisbane inner city apartments. However, like any city, different suburbs can and do have very different levels of supply and demand.
Inner city apartment living is extremely popular to many city dwellers due to very attractive employment and entertainment options. Avoiding the long commute is the optimal outcome for many. Select Brisbane inner ring suburbs continue to be outstanding for property investors – and none more than Kangaroo Point.
Imagine being able to stroll into the city, or to the Gabba for a game, or to an array of nearby restaurants. Well, the outlook for Kangaroo Point has just improved further with the impending construction of the Cross River Rail with a station only 500m away. Add to this the Metro bus line with services every 2 minutes and the new Green pedestrian bridge and cycleway to cross the river and deliver you directly into the city at Edward and Alice streets. See the new bridge here.
All this will make the CBD literally minutes away. Together with the substantial local gentrification, these transport options will greatly improve the suburb’s attraction and therefore its property values. Kangaroo Point is coming of age and is commanding lower vacancies and higher rents every year. There are profits to be made here!
Experienced local developers are about to start construction on M Apartments – 46 high quality, but fabulously affordable, one and two bedroom apartments in Kangaroo Point. Larger than average and beautifully appointed, these apartments have large balconies (some up to 92 sq m), views, security parking and access to an amazing and exclusive rooftop recreation deck.
Selling fast, the remaining units at $415,000 to $649,000 represent outstanding buying. They also satisfy the requirements for the Govt’s $25,000 owner-occupier Homebuilder’s grant (plus the $15,000 First Home Owner’s Grant if that applies to you!) Move fast. These really are excellent value and the best Brisbane has to offer! Email us on firstname.lastname@example.org and ask for complete details on M Apartments right now.