A secret sale at Kangaroo Point’s Walan building has rewritten the suburb’s apartment record books, with a full-floor penthouse at 14/2 Scott Street changing hands for $14.75 million — surpassing the previous high by $3.7 million and making it the largest apartment sale in Brisbane so far this year.
The deal was handled quietly by Heath Williams of Place New Farm, who said the sale was never publicly advertised. Rather than a broad marketing campaign, the property was introduced directly to prospective buyers through a selective network of trusted contacts — a strategy Williams says is becoming more common at the top end of the Brisbane market.
The Walan is a 14-storey residential building completed in 2018, comprising just 14 whole-floor apartments. The penthouse itself offers sweeping views of the city skyline and river, generous entertaining terraces, and the kind of layout that prioritises both scale and privacy.
For locals who walk past the building on Scott Street — tucked neatly between the cliffs and the river — it might come as little surprise that one of its residences commands such a price. The building has long been considered one of the more architecturally considered addresses in the suburb.
The previous record for a Kangaroo Point apartment was $11.05 million, paid last year for an off-the-plan purchase in the Heirloom development, which is still under construction. The suburb’s house price record remains $15 million, set in 2021 for a property at 1 Leopard Street.
According to PropTrack data, the median unit price in Kangaroo Point now sits at $840,000 — up 16.4 per cent over the past 12 months — reflecting a broader upward trend that this latest sale sits well above.
Williams said buyers and sellers at this price point are typically experienced property owners making considered moves rather than entering or leaving the market altogether. The appeal, he suggested, is less about fanfare and more about finding the right match between a property and the right buyer, at the right moment.
The Kangaroo Point sale came shortly after Williams also negotiated an off-market deal for Teneriffe House, which set a suburb record of its own. That sale price has not been officially disclosed, though industry sources have indicated it exceeded the recent $18.5 million sale of a New Farm property on Elystan Road, making it the highest recorded residential sale price in Brisbane in 2026.
Published 5-March-2026
