SOLD
Sold on 17 Jul 2024 for $535,000

1602/222 Margaret Street
Brisbane City QLD 4000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 64m2
Land area: 64m2
Sold By
Rocky Zhong
Harcourts Connections
Save

Property Details for 1602/222 Margaret St, Brisbane City

1602/222 Margaret St, Brisbane City is a 2 bedroom, 1 bathroom Unit and was built in 2017. The property has a land size of 64m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Brisbane City in the last 12 months.

Building Type
Unit
Year Built
2017
Floor Size
64m2
Land Size
64m2
Local Government
Brisbane
Lot/Plan
1602/SP272943

Last Listing description (August 2024)

4 Units to view this Saturday 27 Jul
- Unit 2906
- Unit 2404

- Unit 4713
- Unit 1602

Order may be different based on the actual situation.

*** First Round : 12:00pm to 12:25pm ***
*** Second Round: 12:25pm to 12:50pm ***
*** Third Round: 12:50pm to 1:15pm ***

*** This lovely unit is at DOWNTOWN TOWER ***

Welcome to your urban sanctuary! Nestled on the 16th floor of 222 Margaret Street (Downtown Tower), this exquisite 2-bedroom, 1-bathroom apartment offers a lifestyle of luxury and convenience. Let's explore the captivating features that make this residence truly exceptional:

1. Immediate Move-In (Living, Rental or Short-term AirB&B) : Currently vacant and ready for you to call home, this unit invites you to step into luxurious living without delay.

2. Rental Potential: The estimated rental income for this unit is $750 per week to $800 per week - a smart investment opportunity.

3. Uninterrupted Views: Imagine waking up to breathtaking vistas of the Botanic Gardens and QUT. The cityscape unfolds before you, creating a sense of serenity and connection to nature.

4. Modern Living Space: The open-plan design seamlessly integrates living, dining, and kitchen areas. Natural light floods the space, enhancing the contemporary ambiance.

5. Sleek Kitchen: Meal preparation becomes a joy in the well-appointed kitchen. Sleek appliances and ample storage await your culinary adventures.

6. Prime Location: Positioned within a downtown tower, you're surrounded by the best Brisbane has to offer. Restaurants, cafes, and cultural attractions are at your doorstep.

**** Outgoings ****
> Body Corp: approx. $1700/qtr
> Council rates: approx: $480/qtr
> Water & Utility: approx: $250 to $300/qtr (depending on the usage)

Unbeatable Location with strong fundamentals:

** Kangaroo Point Green Bridge - Dining venues **

Brisbane City Council's Kangaroo Point Green Bridge will become a must-visit destination for residents and visitors to Brisbane, leaving a lasting legacy for generations to come. In addition to the new river crossing, the final design of the city-shaping project features two unique riverside dining venues, including an above-water restaurant ...
https://www.youtube.com/watch?v=hiHq7_kerWw

** Mary Street Vision (stone thrown away) **

Vision to revamp Mary Street in time for Albert St train station. Mary Street Vision planned to reshape Gardens Point as 67,000 commuters begin to use the city's newest train station at Albert Street. That means wider footpaths, more trees and greenery, better spaces for outdoor dining, more seating areas and improved lighting as well as shelters to protect people from the rain

https://www.brisbanetimes.com.au/national/queensland/vision-to-revamp-mary-street-in-time-for-albert-st-train-station-20220927-p5bled.html

Disclaimer:
This property is advertised for sale without a price and as such, a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. Please do not make any assumptions about the sale price of this property based on website price filtering.

Property History for 1602/222 Margaret St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$535,000
17 Jul 2024
Listed for Rent
$460/w
15 Dec 2020
  • 17 Jul 2024
    Sold for $535,000
  • 11 Jul 2024
    Listed for Sale Not Disclosed
  • 23 May 2017
    Sold for $485,970

Commute Calculator

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 12,433 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 106 properties listed for sale, and 87 properties listed for rent in Brisbane city on OnTheHouse. According to CoreLogic's data, 867 properties were sold in the past 12 months in Brisbane city.

Suburb Insights for Brisbane City 4000

Market Insights
Brisbane City Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Brisbane City Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.