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Sold on 24 Jul 2024 for $425,000

1305/108 Albert Street
Brisbane City QLD 4000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 65m2
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Property Details for 1305/108 Albert St, Brisbane City

1305/108 Albert St, Brisbane City is a 1 bedroom, 1 bathroom Apartment. The property has a floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Apartment sold in Brisbane City in the last 12 months.

Building Type
Apartment
Floor Size
65m2

Last Listing description (July 2024)

Investors & owner occupiers, do not miss this incredible opportunity in Brisbane CBD's hottest location! Moments away from Queens Wharf development, and located approx. 2 minutes walking distance from the new Albert Street train station, part of the Cross River Rail development.

This spacious one-bedroom gem is in pristine condition and offers modern living at its finest. Add this property to your shortlist as it represents outstanding value and will not last long.

Body Corp: Approx. $6,540 pa

Rates & Water: Approx. $2,800 pa

Property features:
- One spacious bedroom
- One modern bathroom
- Secure storage cage on apartment level - 13B
- Open plan living and dining area
- Stylish fully equipped kitchen
- Total 58sqm (approx. 56sqm int and 2sqm ext) on the 13th floor
- Property sold unfurnished
- Currently in the hotel letting pool
- Rental potential at $630-$650 per week unfurnished and $700-$710 per week furnished

Festival Towers building facilities include two swimming pools, a spa, sauna, gymnasium and BBQ entertaining 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 and major city hotspots such as the Eagle St Pier, Botanic Gardens, QUT and the Casino are nearby. All forms of public transport are within walking distance. This property is all about location!

Only approx. 2-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.

Only approx. 3 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 center, first-class casino, new public recreational facilities, pedestrian bridge to South Bank and river boardwalks.

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

*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.

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 1305/108 Albert St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$425,000
24 Jul 2024
Listed for Rent
24 Oct 2024
  • 18 Oct 2024
    Listed for Rent $690 / week
  • 10 Jul 2024
    Sold for $425,000
  • 03 Jul 2024
    Listed for Sale Offers Over $420,000
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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 12,265 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 77 properties listed for rent in Brisbane city on OnTheHouse. According to CoreLogic's data, 850 properties were sold in the past 12 months in Brisbane city.

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Contact agent
Kirsten Walsh
Show contact details
Ray White Inner Brisbane Apartments
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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.