SOLD
Sold on 18 Jun 2024 for $330,000

110/540 Queen Street
Brisbane City QLD 4000

Bedrooms: -
Bathrooms: 1
Car spaces: -
Floor area: 32m2
Land area: 39m2
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Property Details for 110/540 Queen St, Brisbane City

110/540 Queen St, Brisbane City is a 0 bedroom, 1 bathroom Unit and was built in 2002. The property has a land size of 39m2 and floor size of 32m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 0 bedroom Unit sold in Brisbane City in the last 12 months.

Building Type
Unit
Year Built
2002
Floor Size
32m2
Land Size
39m2
Local Government
Brisbane
Lot/Plan
110/SP140650

Last Listing description (July 2024)

Located right in the best part of Brisbane's CBD, this fully furnished 39m2 studio apartment at 110/540 Queen Street offers the ultimate in city living. With stunning river and city views, this property provides unparalleled convenience and is one of the best value-for-money properties in the area. Cheaper to buy than rent, it is an ideal choice for professionals, students, or investors.

Property Highlights:

Spectacular River & City Views: Enjoy breathtaking views of the Brisbane River and city skyline from your studio apartment. Perfect for relaxing after a busy day.

Prime CBD Location: Situated at 110/540 Queen Street, right in the best part of Brisbane's CBD, this studio offers unparalleled convenience with easy access to shops, cafes, restaurants, and public transport. Everything you need is right at your doorstep.

High Return on Investment: This furnished property promises a high rental return with a rental appraisal of $450-$510 per week, making it an excellent investment opportunity.

Super low body corporate fees: only approx. $3000 for the whole year!!

Fully Furnished: Move in or rent out immediately with this fully furnished studio, featuring modern and stylish furniture for your convenience.

Convenient Living: Ideal for city professionals, students, or investors looking for a hassle-free property in a sought-after location.

Fantastic Amenities: Enjoy access to an onsite manager, gym, pool, secured lobby, and visitor carparks for ultimate convenience and security.
Investment Potential:

With strong rental demand in Brisbane CBD, this studio apartment offers a great opportunity for investors seeking solid returns and capital growth. The fully furnished aspect adds to its appeal, ensuring it is always in high demand.

Experience the best of city living with this stylish studio. Your new investment awaits!

Property History for 110/540 Queen St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$330,000
18 Jun 2024
Listed for Rent
$380/w
06 Dec 2022
  • 18 Jun 2024
    Sold for $330,000
  • 13 Jun 2024
    Listed for Sale Not Disclosed
  • 09 Nov 2022
    Listed for Rent $380 / 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 12,273 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 79 properties listed for rent in Brisbane city on OnTheHouse. According to CoreLogic's data, 870 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.