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Sold on 26 Oct 2024 for $780,000

1308/550 Queen Street
Brisbane City QLD 4000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 77m2
Land area: 84m2
This property is currently on the market
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Property Details for 1308/550 Queen St, Brisbane City

1308/550 Queen St, Brisbane City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 84m2 and floor size of 77m2.This Property is currently listed for sale with Stella Property

Building Type
Unit
Year Built
2017
Floor Size
77m2
Land Size
84m2
Local Government
Brisbane
Lot/Plan
1308/SP276954

Last Listing description (December 2024)

This stunning apartment is architecturally designed with high end fixtures and fittings throughout.

With a sleek galley style kitchen featuring stone bench tops, induction cooktop, integrated dishwasher, plenty of bench and storage space and a pull out pantry for convenient access. The laundry is located at the end of the kitchen and includes a front load washer and dryer.

There's an open plan living and dining area, that flows through to a private balcony with stunning views of the City and the historical Saint John's Anglican Cathedral. There is a flood of natural light from the floor to ceiling glass windows in the living room and bedrooms.

The two generously sized bedrooms are complimented by block out blinds, fully built in mirrored wardrobes and the master has an ensuite bathroom and study nook.

Finished throughout in a contemporary tones, the living area of the apartment is a generous size and can comfortably house family sized lounge and dining furniture.

The apartment also has ducted air-conditioning to ensure year round comfort.

Finishes include:
- Block out blinds in the bedrooms
- Floor to Ceiling Windows and Doors throughout
- Ducted air conditioning
- One car park space in secure building

Spire Residences has a grand lobby on the ground floor and lounge areas, offices and restaurant on the first floor.

Spire amenities include:
- Rooftop deck with 20m heated infinity pool
- BBQ area and timber sun lounges
- Fully equip gymnasium
- Private cinema room and meeting rooms
- Library for residents to utilize as a quiet reading area or work place

Rented on a periodic basis for $780 per week
Rental Appraisal on Renewal due now - $850 per week
Body Corporate Fees: $1,946 per quarter
Brisbane City Council Rates: $507 per quarter

Located at 550 Queen Street means you are nestled between the CBD, Howard Smith Wharves, Fortitude Valley, Chinatown and the James Street Precinct.

Property History for 1308/550 Queen St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$780,000
26 Oct 2024
Listed for Rent
$680/w
24 Jun 2022
  • 26 Nov 2024
    Listed for Rent $850 / week
  • 26 Oct 2024
    Sold for $780,000
  • 25 Jul 2024
    Listed for Sale $780,000
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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 12,434 properties. Over the last 5 years, Houses in Brisbane City have seen a 1.20% increase in median value, while Units have seen a 39.47% increase. As at 30 November 2024:

  • The median value for Houses in Brisbane City is $629,007 while the median value for Units is $709,314.
  • Houses have a median rent of $720 while Units have a median rent of $740.
There are currently 105 properties listed for sale, and 88 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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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.