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Sold on 06 Sep 2024 for $670,000

101/540 Queen Street
Brisbane City QLD 4000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 94m2
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Property Details for 101/540 Queen St, Brisbane City

101/540 Queen St, Brisbane City is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Apartment sold in Brisbane City in the last 12 months.

Building Type
Apartment
Floor Size
94m2
Local Government
Brisbane
Lot/Plan
101/SP140650

Last Listing description (September 2024)

** Please note bedroom view shots are taken prior to 443 Queen being completed **

Situated on the 23rd floor, this budget-friendly 2 bedroom, 2 bathroom apartment boasts a spacious layout with ample natural light. Located in a prime CBD location, it's perfect for both owner-occupiers and investors alike! The property features an open-plan layout and a spacious balcony that offers amazing river and city views. Conveniently located near all the amenities the CBD lifestyle has to offer, this property is a must inspect!

Body corporate fees: Approx. $10,057 pa

Water & rates: $2,800 pa

Property Features:
- 2 Spacious bedrooms, - Master bedroom with ensuite
- 2 Bathrooms
- 1 Secure car space #81 on level P3
- River and city views
- Modern kitchen with stainless steel appliances, quality granite bench tops along with gas cooktop
- Fully-ducted reverse cycle air-conditioning
- Total area 94sqm (76sqm internal; 18sqm balcony)
- Currently renting at $630 per week unfurnished until 23rd Sep 2024.
- Last rent increase date: 19/09/2023. Rental potential of approx. $850 per week unfurnished and approx. $950 per week furnished
- Willahra Towers features resort style facilities including gym, sauna, spa and heated indoor pool

Within close proximity to the heart of the CBD, Howard Smith Wharves, Fortitude Valley, Queen Street Shopping Mall and just a short walk from fine dining restaurants and bars.

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

If you require FIRB please advise the agent in writing and visit -https://firb.gov.au/ to ensure that you are in a position to buy

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.
Please note some view shots are taken from alternate levels/buildings.

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Property History for 101/540 Queen St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$670,000
06 Sep 2024
Listed for Rent
$550/w
14 Sep 2021
  • 17 Aug 2024
    Sold for $670,000
  • 06 Aug 2024
    Listed for Sale Offers Over $660,000!
  • 05 Aug 2021
    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 12,275 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 116 properties listed for sale, and 79 properties listed for rent in Brisbane city on OnTheHouse. According to CoreLogic's data, 871 properties were sold in the past 12 months in Brisbane city.

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Kirsten Walsh
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Ray White Inner Brisbane Apartments
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