OFF MARKET

1508/70 Mary Street
Brisbane City QLD 4000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 54m2
Land area: 64m2
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Property Details for 1508/70 Mary St, Brisbane City

1508/70 Mary St, Brisbane City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2008. The property has a land size of 64m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in April 2017.

Building Type
Unit
Year Built
2008
Floor Size
54m2
Land Size
64m2
Local Government
Brisbane
Lot/Plan
1508/SP167370

Last Listing description (May 2017)

Cha Ching is the sound that comes to mind when considering this apartment as the return is very cash flow positive.
Currently tenanted until 30/07/2017 for $460.00 per week which the tenant is more than happy to stay on for longer.
The apartment is sold fully furnished and is in superb condition which provides the opportunity for an owner occupier or investor a very stress free and easy decision.

Located on the 15th floor overlooking the CBD facing away from the traffic noise this apartment offers so much for such a little of a price.
Mantra on Mary prides itself on having the cheapest body corporate fee s and one of the healthiest sinking funds in the Brisbane CBD area which means that owner occupiers and investors can be spoilt with the modern facilities without paying the high costs each year.
Unit 1508 boasts:
- 1 bedroom 1 bathroom + study Study is big enough to be classed as a second bedroom
- Currently leased until July 2017 returning $460 per week
- 62 Sqm
- 16th Floor
- North facing covered balcony with ample space for an outdoor setting
- Queen sized bedroom including built-in robes
- Internal laundry facilities, ducted air-conditioning, neutral tones
- Immaculately kept building providing intercom security and lift access
Mantra on Mary will impress you with the following features:
- Outdoor lap pool with sun deck.
- BBQ entertainment area.
- Guest gymnasium & sauna.
- Walking distance to Brisbane CBD, Queen Street Mall, Queensland University of Technology.
- The very best facilities Brisbane has to offer
- Extremely healthy sinking fund
- Four Service lifts
- On Site management
The owner has given clear instructions that all offers are to be presented as the apartments needs to be sold.

Property History for 1508/70 Mary St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$310,000
20 Apr 2017
  • 20 Apr 2017
    Sold for $310,000
  • 22 Mar 2017
    Listed for Sale $320,000 - 5.4% Net
  • 07 Jul 2010
    Sold for $342,000
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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 12,278 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.