OFF MARKET

1501/127 Charlotte Street
Brisbane City QLD 4000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 85m2
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Last updated 28 Oct 2024
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Property Details for 1501/127 Charlotte St, Brisbane City

1501/127 Charlotte St, Brisbane City is a 2 bedroom, 2 bathroom Apartment. The property has a floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Apartment
Floor Size
85m2
Local Government
Brisbane
Lot/Plan
1501/SP234557

Last Listing description (October 2023)

Positioned on the 15th floor - This affordable 2 bedroom apartment located in Mantra On Midtown represents an unbeatable opportunity for both investors seeking a high return or the first home buyer looking to get into the market. This property is priced to sell and won't last long!

Situated in the centre of the CBD and surrounded by the much-anticipated multi-billion dollar infrastructure projects such as Queen's Wharf Precinct and the New Albert Station, making this property a perfect home for the working professional or a stand-out opportunity for investors looking for high returns and long term capital growth.

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

Only 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 centre, first-class casino, new public recreational facilities, pedestrian bridge to South Bank and river boardwalks.
Link - https://brisbanedevelopment.com/queens-wharf-precinct/

Property Features:
- 2 spacious bedrooms with a built-in robes
- 2 modern bathrooms
** No car space is included with this property**
- Separate laundry
- Large balcony, perfect for relaxing and alfresco dining
- Modern kitchen with ample storage and gas cooktop
- Ducted air-conditioning and ceiling fans throughout
- Fully furnished
- Total living approx. 85sqm (69sqm internal and 16sqm external) on level 15
- Currently achieving $2,583.33 per month in the hotel letting pool until 18th of September 2024.
- Rental Potential of $800 to $850 per week furnished to long term tenants

Facilities include:
- Heated Outdoor Lap Pool
- Pool Deck and Barbecue area
- Steam Room
- New-York Styled lobby
- Well equipped gym
- Meeting Room
- Visitor Parking

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.

OFFER TO PURCHASE: Please click the following secured link https://www.cognitoforms.com/rwiba/kwoffertopurchase to send an offer to the Agent.

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 1501/127 Charlotte St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$490,000
23 Oct 2023
Listed for Rent
$820/w
12 Sep 2024
  • 19 Aug 2024
    Listed for Rent $820 / week
  • 23 Oct 2023
    Sold for $490,000
  • 16 Oct 2023
    Listed for Sale Offers Over $475,000!
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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 12,281 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 77 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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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.