1605/108 Albert StreetBrisbane City QLD 4000
Property Details for 1605/108 Albert St, Brisbane City
1605/108 Albert St, Brisbane City is a 1 bedroom, 1 bathroom Unit and was built in 2006. The property has a land size of 66m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Last Listing description (July 2023)
This large one bedroom is offering an excellent investment or a fantastic place to live! Situated on the 16th floor in the desirable Festival Towers, this well designed one bedroom offers comfortable living at an affordable price! The enclosed alfresco balcony captures views towards South Bank.
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
Motivated sellers will meet the market and demand a result ASAP!
Property Features:
- One spacious bedroom with built-ins
- One bathroom
- Storage cage on apartment level (S.16F) on apartment level 16
- Sold unfurnished
- Modern kitchen with stainless steel appliances
- Enclosed alfresco balcony
- Total living area of approx. 66sqm
- Ducted air conditioning throughout
- Views of the City and South Bank
- Rental potential approx. $680 - $690 per week furnished with long term tenant
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.
Only approx. 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.colinwalsh.com.au/cross-river-rail/
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 centre, first-class casino, new public recreational facilities, pedestrian bridge to South Bank and river boardwalks. Link - https://www.colinwalsh.com.au/new-world-class-entertainment-precinct-for-queens-wharf-brisbane/
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 1605/108 Albert St, Brisbane City, QLD 4000
- 30 May 2023Sold for $385,000
- 26 May 2023Listed for Sale Offers Over $375,000
- 02 Dec 2003Sold for $285,000
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0About 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 12,273 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.
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