OFF MARKET

1607/79 Albert Street
Brisbane City QLD 4000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 52m2
Land area: 73m2
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Property Details for 1607/79 Albert St, Brisbane City

1607/79 Albert St, Brisbane City is a 1 bedroom, 1 bathroom Unit and was built in 2003. The property has a land size of 73m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
2003
Floor Size
52m2
Land Size
73m2
Local Government
Brisbane
Lot/Plan
1607/SP139730

Last Listing description (November 2023)

Positioned on level 16, this one bedroom with a huge entertaining balcony is a must inspect! Situated in the heart of the CBD, this truly is a fantastic opportunity! Whether you are looking to invest or want a great inner city pad to call your home, this spacious apartment offers a great lifestyle and excellent rental returns. Located in the sought after River City complex, this represents excellent value so you will need to act fast!

Property Features:
- 1 Bedroom which opens onto balcony

- 1 Bathroom with internal laundry
- Spacious balcony is perfect for entertaining and provides city views with river and bridge glimpses
- Open plan living and dining area with air conditioning
- Functional kitchen with stone bench tops
- Approx 73sqm in total ( approx 52 internal, approx 21 external) on level 16
- Positioned on the 16th floor
- Walking distance to QUT, shops restaurants and everything the CBD has to offer
- Currently in the hotel letting pool - 90 days
- Rental potential $650 per week unfurnished and $730 - $750 per week as a fully furnished property.
- Building facilities include: Pool, spa, sauna, gymnasium, large entertaining deck with seating and BBQ

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://raywhiteinnerbrisbaneapts.com.au/news/update-on-brisbanes-biggest-infrastructure-projects

Only approx. 5 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://raywhiteinnerbrisbaneapts.com.au/news/brisbanes-world-class-entertainment-precinct-has-arrived

This fantastic opportunity will not last - register your interest today.

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 1607/79 Albert St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$400,000
24 Oct 2023
  • 24 Oct 2023
    Sold for $400,000
  • 18 Oct 2023
    Listed for Sale Offers Over $395,000!
  • 26 Aug 2008
    Sold for $325,000
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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 12,274 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.
There are currently 114 properties listed for sale, and 78 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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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.