1608/108 Albert StreetBrisbane City QLD 4000
Property Details for 1608/108 Albert St, Brisbane City
1608/108 Albert St, Brisbane City is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Apartment sold in Brisbane City in the last 12 months.
Last Listing description (August 2024)
Introducing a highly desirable floor plan in Festival Towers, a premier opportunity now on the market. This exquisite apartment offers prime living in the sought-after Festival Towers! Located in the highly desirable Central Business District, this property makes a high yielding investment opportunity, or a perfect inner city abode.
Don't let this chance slip by to own a remarkable slice of Festival Towers. Though cherished, the sellers are motivated to sell! Reach out today for more details or to schedule a viewing-act fast, as this opportunity won't last long!
Property Features:
- Two modern bathrooms with new floor to ceiling tiling
- One secure car space (C.151 on Basement 3)
- One secure Storage Cage (S.131 on Basement 3)
- Open plan living area features bi-fold doors which open out to the alfresco balcony
- Sizeable kitchen stainless steel appliances, including gas cooktop
- Private alfresco balcony can be utilised as a unique living space
- Extra outdoor balcony connected to the alfresco balcony
- Ducted air conditioning throughout
- Approx. 91sqm of living (86sqm internal, 5sqm external) on the 16th floor
- Rental potential of $850 per week unfurnished and $900 per week fully furnished to long term tenants
The Festival Towers building facilities include a pool, spa, sauna, gymnasium and BBQ 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.
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
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 1608/108 Albert St, Brisbane City, QLD 4000
- 03 Sep 2024Listed for Sale Offers Over $739,000
- 25 Jul 2024Sold for $728,000
- 04 Jul 2024Listed for Sale Offers Over $739,000
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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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