SOLD
Sold on 05 May 2024 for $510,000

1702/222 Margaret Street
Brisbane City QLD 4000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 64m2
Land area: 64m2
Sold By
Rocky Zhong
Harcourts Connections
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Property Details for 1702/222 Margaret St, Brisbane City

1702/222 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 May 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
1702/SP274600

Last Listing description (May 2024)

Welcome to this stunning 2 bedroom, 1 bathroom apartment located at 1702/222 Margaret Street in the heart of Brisbane City.

Currently tenanted till 27 Nov2024 for $600 per week, this lovely apartment has been well looked after and maintained as their own home. Out of all the features of the property, what makes this apartment really stand out most is the quality tenant that is well regarded as the best asset of this lovely home.

This property offers a modern and spacious living area, perfect for entertaining guests or relaxing after a long day. The kitchen features sleek appliances and ample storage space, making meal prep a breeze.

Both bedrooms are generously sized and offer plenty of natural light, creating a peaceful and inviting atmosphere. The bathroom is stylishly designed with a luxurious feel.

*** The Owner Loves ***
- Waking up to the stunning river view every morning
- Walking to the Botanic Gardens, Union Square and South Bank
- Enjoying the amenities and services of Sky Tower
- Living in the heart of Brisbane's most vibrant and sought-after neighbourhood
- Located in a prime location, this property is just a short distance from shops, restaurants, and public transportation options.

*** Rental appraisal for late 2024/2025 rental market is in the range of $800 per week.***

*** Outgoings ***
? Body Corp: around $2000-$2100 per quarter for 2024 including Administration Charge, Sinking Fund and Building Insurance
? Council rate: around $480 per quarter
? Water & Utility: around $250 to 280 per quarter

** 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

Don't miss out on the opportunity to own this beautiful property. Contact us today for more information and to schedule a viewing. Price guide is For Sale.

"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."
? The actual layout of the apartment actually mirrors the floorplan in the photo

Property History for 1702/222 Margaret St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$510,000
05 May 2024
Listed for Rent
$420/w
18 May 2021
  • 05 May 2024
    Sold for $510,000
  • 07 Mar 2024
    Listed for Sale Not Disclosed
  • 11 Feb 2021
    Listed for Rent - Price not available
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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 12,433 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 105 properties listed for sale, and 86 properties listed for rent in Brisbane city on OnTheHouse. According to CoreLogic's data, 868 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.