SOLD
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Sold on 22 Nov 2023 for $367,500

1112/222 Margaret Street
Brisbane City QLD 4000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 1112/222 Margaret St, Brisbane City

1112/222 Margaret St, Brisbane City is a 1 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 1 bedroom Apartment sold in Brisbane City in the last 12 months.

Building Type
Apartment
Local Government
Brisbane
Lot/Plan
1112/SP272943

Last Listing description (November 2023)

*Photos are indicative of the actual apartment.

This modern and chic one bedroom apartment with a study nook is located on Level 11 in 'Downtown' within one of Brisbane's newest landmarks, 'Skytower'.

Be the lucky buyer to secure this luxurious property at a fantastic price. Easterly facing with a well designed floor plan, apartment 1112 is perfectly suited for owner-occupiers looking for a liveable apartment in the heart of the CBD, or investors seeking a low maintenance investment with great returns and long-term growth.

Conveniently located in the heart of Brisbane CBD and in close proximity of the exciting Queen's Wharf Precinct and the New Albert Street Station, this apartment is of outstanding value!

Property Features:
- One spacious bedroom with built-in wardrobe
- One lavish bathroom with floor to ceiling tiling
- One study nook located next to the front door
- Modern kitchen with European appliances with gas cooktop and dishwasher
- Floor to ceiling windows throughout the living area
- Fully ducted heating and cooling air conditioning
- Concealed internal laundry
- Approx. 63sqm in total on Level 11
- Currently rented at $570 per week unfurnished until 4th October 2024
- Access to Pool, Gym and BBQ area on Level 40

Strategically located at 222 Margaret Street, in the heart of Brisbane's CBD, Queensland's largest employment area. Brisbane's CBD benefits from around $28 Billion in future infrastructure, leading to over 222,000 new jobs expected within 3km of Brisbane Skytower by 2031. Enjoy a convenient lifestyle where everything you need is on your doorstep. The following destinations are just a stroll away from Brisbane Skytower:

*Brisbane Queen's Wharf
*New Albert Street Station
*CBD workplaces
*Queen Street Shopping Mall
*Eagle Street Pier
*The City Botanic Gardens
*The Treasury Casino
*The Museum of Brisbane
*Cafes, restaurants
*Boutique retailers
*Universities - Queensland University of Technology, James Cook University and CQ University Brisbane

LOCATION, LOCATION, LOCATION

Only 3-minutes 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.crossriverrail.qld.gov.au/info/#new-stations-top

Only 10 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://brisbanedevelopment.com/queens-wharf-precinct/

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 1112/222 Margaret St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$367,500
22 Nov 2023
Listed for Rent
22 Mar 2023
  • 08 Nov 2023
    Sold for $367,500
  • 10 Oct 2023
    Listed for Sale Offers Over $380,000
  • 05 Mar 2023
    Listed for Rent $550 / 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 12,281 properties. Over the last 5 years, Houses in Brisbane City have seen a -11.86% decrease in median value, while Units have seen a 41.78% increase. As at 30 September 2024:

  • The median value for Houses in Brisbane City is $523,726 while the median value for Units is $701,981.
  • Houses have a median rent of $720 while Units have a median rent of $725.
There are currently 105 properties listed for sale, and 78 properties listed for rent in Brisbane city on OnTheHouse. According to CoreLogic's data, 861 properties were sold in the past 12 months in Brisbane city.

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Kai Liu
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Ray White Inner Brisbane Apartments
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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.