OFF MARKET

1701/222 Margaret Street
Brisbane City QLD 4000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 94m2
Land area: 105m2
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Property Details for 1701/222 Margaret St, Brisbane City

1701/222 Margaret St, Brisbane City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 105m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
Unit
Year Built
2017
Floor Size
94m2
Land Size
105m2
Local Government
Brisbane
Lot/Plan
1701/SP274600

Last Listing description (February 2022)

This contemporary, spacious, two bedroom apartment with views of the City Botanic Gardens and River glimpses on level 17 in 'Uptown' within Brisbane's nearest landmark 'Skytower' is sure to impress! Be one of the lucky purchasers to secure a world class development at a fantastic price. Only a limited number of apartments within Skytower come with a balcony, including apartment 1701. This apartment is perfectly suited for an owner occupier looking for a livable apartment in the heart of the CBD, or investors seeking a low maintenance investment with great returns and long-term growth.

Interstate sellers are motivated to sell and move on! All offers in writing on contract will be highly regarded!

Property Features:

* Two spacious bedrooms with built-in wardrobes
* Two lavish bathrooms with floor to ceiling tiles
* One secure car park C.1701 and a spacious storage cage on Basement 8
* Floor to ceiling windows throughout, maximising the views and light
* Stylish, modern kitchen, open plan dining and living area
* European appliances with a gas cooktop and dishwasher
* Approx. 105sqm of total living on level 17
* Fully ducted heating and cooling air conditioning
* Concealed internal laundry
* Currently rented at $560 per week unfurnished until 9th of March 2022
* Rental potential of $600 per week unfurnished and $650 per week fully furnished after current lease ends

Enjoy a convenient lifestyle where everything you need is on your doorstep. The following destinations are just a stroll away from Brisbane Skytower:

*CBD workplaces
*Queen Street Shopping Mall
*Eagle Street Pier
*The City Botanic Gardens
*The Treasury Casino
*The Museum of Brisbane
*Cafes, restaurants
*Boutique retailers
*Universities

Strategic Location
Located at 222 Margaret Street in the heart of the Brisbane CBD, Queensland's largest employment area.

Employment Growth
Over 222,000 new jobs are expected within 3km of Brisbane Skytower by 2031 and 65,633 jobs within Brisbane's CBD by 2031.

Walking distance to the Queen's Wharf Brisbane precinct 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.

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.

VIEW THIS LINK TO SEE HOW BRISBANE'S SKYLINE WILL BE TRANSFORMED BY 2022
http://www.brisbanetimes.com.au/queensland/interactive-brisbanes-skyline-to-be-transformed-in-2022-20160815-gqsixb.html

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 1701/222 Margaret St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$655,000
18 Dec 2021
Listed for Rent
28 Feb 2018
  • 18 Dec 2021
    Sold for $655,000
  • 01 Dec 2021
    Listed for Sale Offers Over $650,000
  • 22 Feb 2018
    Listed for Rent $630 / week
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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 12,281 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 78 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.