1110/108 Albert StreetBrisbane City QLD 4000
Property Details for 1110/108 Albert St, Brisbane City
1110/108 Albert St, Brisbane City is a 1 bedroom, 1 bathroom Unit and was built in 2006. The property has a land size of 58m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Last Listing description (August 2023)
Experience modern and functional living in this remarkable north facing apartment situated in the heart of Brisbane CBD. Nestled within the coveted Festival Tower, this property offers convenience at its finest while utilising every square metre to ensure comfortable living. With its close proximity to the vibrant Queen's Wharf Precinct and the newly established Albert Street Station, this apartment presents an incredible value proposition. Whether you seek a premium Inner City residence in an unbeatable location or a robust investment opportunity with promising capital growth, this property ticks all the boxes.
Unparalleled Location! Just a one-minute stroll to the brand-new Albert Street Station and a mere three-minute walk to the world-class Queen's Wharf Brisbane Precinct!
A cherished investment opportunity! The sellers are motivated to move forward, and all written offers on the Contract will be carefully considered!
Property Features:
-One spacious bedroom
-One modern bathroom
-One storage cage (S.11B) on apartment level
-Functional floor plan with open plan living and fully equipped kitchen
-Separate concealed internal laundry
-Ducted air conditioning for both heating and cooling
-Ample storage throughout
-Total area 58sqm - internal 54sqm, external 4sqm
-Located on the 11th Floor
-Rental potential of $630 per week unfurnished and $680 per week fully furnished for 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.
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.
Property History for 1110/108 Albert St, Brisbane City, QLD 4000
- 26 May 2023Sold for $370,000
- 23 May 2023Listed for Sale Offers Over $360,000
- 30 Sep 2003Sold for $260,000
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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.
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