OFF MARKET

1004/108 Albert Street
Brisbane City QLD 4000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 53m2
Land area: 56m2
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Property Details for 1004/108 Albert St, Brisbane City

1004/108 Albert St, Brisbane City is a 1 bedroom, 1 bathroom Unit and was built in 2006. The property has a land size of 56m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Unit
Year Built
2006
Floor Size
53m2
Land Size
56m2
Local Government
Brisbane
Lot/Plan
1004/SP154492

Last Listing description (October 2021)

Positioned on the 10th floor in the popular Festival Towers, this well designed one bedroom apartment features an open plan living area offering a comfortable living space. Refurbished with new paint, carpets, curtains and light fittings, you can move in on settlement and call this one home, or rent it out and receive a steady income!

Apartment Features:
* 1 Spacious bedroom

* 1 Bathroom
* Functional floor plan with open plan living and fully equipped kitchen
* Total area 56sqm - internal 53sqm, external 3sqm
* Situated on the 10th floor
* Sold unfurnished
* Rental potential of $420-$430 per week to a long term tenant

Festival Towers building facilities include a pool, spa, sauna, and gymnasium and BBQ 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.

Only approx 1 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. Link https://www.colinwalsh.com.au/cross-river-rail/

Only approx 5 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 centre, first-class casino, new public recreational facilities, pedestrian bridge to South Bank and river boardwalks. Link - https://www.colinwalsh.com.au/new-world-class-entertainment-precinct-for-queens-wharf-brisbane/

For information regarding the Brisbane Inner City property market please go to https://raywhiteiba.com.au/news.

This fantastic opportunity will not last - register your interest today.

*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

Property History for 1004/108 Albert St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$281,500
20 Sep 2021
Listed for Rent
$480/w
09 Aug 2016
  • 20 Sep 2021
    Sold for $281,500
  • 11 Aug 2021
    Listed for Sale Offers Over $280,000!
  • 09 Aug 2016
    Listed for Rent - Price not available
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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 12,266 properties. Over the last 5 years, Houses in Brisbane City have seen a -11.52% decrease in median value, while Units have seen a 42.85% increase. As at 31 October 2024:

  • The median value for Houses in Brisbane City is $543,544 while the median value for Units is $695,719.
  • Houses have a median rent of $710 while Units have a median rent of $749.
There are currently 117 properties listed for sale, and 75 properties listed for rent in Brisbane city on OnTheHouse. According to CoreLogic's data, 864 properties were sold in the past 12 months in Brisbane city.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.