1209/108 Albert StreetBrisbane City QLD 4000
Property Details for 1209/108 Albert St, Brisbane City
1209/108 Albert St, Brisbane City is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Apartment sold in Brisbane City in the last 12 months.
Last Listing description (August 2024)
This brilliant 2 bedroom apartment, situated in the sought-after Festival Towers, presents an excellent opportunity for investors aiming for high returns and capital growth, as well as for owner-occupiers desiring a dynamic inner-city lifestyle. Located in the constantly evolving CBD, this apartment is within walking distance of prime attractions like the Botanical Gardens, Queens Wharf, Cross River Rail, Queen Street Mall, and the upcoming Eagle Street Pier redevelopment.
Enjoy the functional 82sqm floor plan, complete with an open balcony creating the perfect space to relax and unwind. With the utmost convenience of entertainment, work and leisure this is the prime location to invest or live in.
Body Corp: Approx. $7,252 pa
Property features:
- Two spacious bedrooms
- Two bathrooms, master with ensuite
- One secure car space (# C.266 on level 3)
- Secure storage (# S.10 on level 3)
- Open plan living on the 12th floor
- Total size approx. 82sqm; approx. 75sqm internal; approx. 7sqm external
- South Bank, Brisbane River & City views
- Spacious open balcony
- Modern kitchen featuring a gas cooktop & dishwasher
- Sold furnished
- Rental potential of approx. $850 per week as a furnished property.
Festival Towers building facilities include two swimming pools, a spa, sauna, gymnasium and BBQ entertaining area. In the perfect city heart location, all that the vibrant CBD has to offer is at your fingertips with Queen Street Mall just 200m away and major city hotspots such as the Eagle St Pier, Botanic Gardens, QUT and the Casino are nearby. All forms of public transport are within walking distance.
This property is all about location!
Only approx. 2-minute walking distance to the new Albert Street Station, which will provide rail services to the southern end of the CBD for the first time, opening up opportunities for employment, business, education, and entertainment. It will be the first new inner-city train station in 120 years, with over 67,000 passengers projected every day.
Only approx. 3 minutes walking distance to The Queen's Wharf Brisbane precinct, which will be a unique and vibrant new world city development featuring a boutique underground shopping center, first-class casino, new public recreational facilities, pedestrian bridge to South Bank and river boardwalks.
For information regarding the Brisbane Inner City property market, please go to https://raywhiteiba.com.au/news.
*Please advise the agent in writing before placing an offer if you require Foreign Investment Review Board approval (FIRB). Please visit - https://firb.gov.au/ for further details.
DISCLAIMER: Whilst every effort has been made to ensure the accuracy of information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries and searches with all relevant authorities
Property History for 1209/108 Albert St, Brisbane City, QLD 4000
- 05 Aug 2024Sold for $687,000
- 12 Jul 2024Listed for Sale Offers Over $685,000
- 13 Jun 2023Listed for Rent $780 / week
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About Brisbane City 4000
The size of Brisbane City is approximately 2.5 square kilometres. It has 15 parks covering nearly 18.2% of total area. The population of Brisbane City in 2011 was 7,888 people. By 2016 the population was 9,467 showing a population growth of 20.0% in the area during that time. The predominant age group in Brisbane City is 20-29 years. Households in Brisbane City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Brisbane City work in a professional occupation. In 2011, 40.5% of the homes in Brisbane City were owner-occupied compared with 36% in 2016.
Brisbane City has 12,417 properties. Over the last 5 years, Houses in Brisbane City have seen a -17.85% decrease in median value, while Units have seen a 38.06% increase. As at 31 July 2024:
- The median value for Houses in Brisbane City is $535,402 while the median value for Units is $704,551.
- Houses have a median rent of $775 while Units have a median rent of $720.
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