SOLD
Sold on 05 Mar 2024 for $500,000

222 Margaret Street
Brisbane City QLD 4000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 94m2
Land area: 105m2
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Property Details for 1816/222 Margaret St, Brisbane City

1816/222 Margaret St, Brisbane City is a 2 bedroom, 2 bathroom Unit 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 March 2024. There are other 2 bedroom Unit sold in Brisbane City in the last 12 months.

Building Type
Unit
Year Built
2017
Floor Size
94m2
Land Size
105m2
Local Government
Brisbane
Lot/Plan
1816/SP274600

Last Listing description (January 2024)

This modern 2 bedroom is located on the 18th level of 'Uptown' in Brisbane's most iconic landmark, Skytower. With city and garden views with river glimpses, the central location and functional floor plan of this property makes it suitable owner occupiers and savvy investors.

Piercing the sky at a phenomenal 270 meters, Skytower makes its debut as one of the tallest residential towers in Australia. This is architecture on a truly grand and global scale. A symbol of Brisbane's rise as a contemporary, international new-world city.

Being conveniently located in the heart of Brisbane CBD and in close proximity to the exciting Queen's Wharf Precinct and the New Albert Street Station, makes this apartment outstanding value!

Property Features:
- Two spacious bedrooms, main with ensuite
- Two modern bathrooms
- Open-plan living and dining area
- Stylish, modern kitchen with island bench, European appliances and gas cooktop
- Floor to ceiling windows throughout, allowing for plenty of natural light and breeze
- Fully ducted cooling and heating throughout
- Good sized balcony with city and garden views with river glimpses
- Sold furnished
- Approx. 105sqm in total on Level 18
- Rental Potential of $900 - $950 per week furnished to long term tenants

Strategically located at 222 Margaret Street, in the heart of Brisbane's CBD, Queensland's largest employment area. Brisbane's CBD benefits from around $28 Billion in future infrastructure, leading to over 222,000 new jobs expected within 3km of Brisbane Skytower by 2031. Enjoy a convenient lifestyle where everything you need is on your doorstep. The following destinations are just a stroll away from Brisbane Skytower:

*Brisbane Queen's Wharf
*New Albert Street Station
*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 - Queensland University of Technology, James Cook University and CQUniversity Brisbane

LOCATION, LOCATION, LOCATION

Only 3-minutes 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 10 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/

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.

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 1816/222 Margaret St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$500,000
05 Mar 2024
  • 05 Mar 2024
    Sold for $500,000
  • 23 Oct 2023
    Listed for Sale Offers Over $749,000
  • 10 Mar 2023
    Listed for Sale For Sale
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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 106 properties listed for sale, and 87 properties listed for rent in Brisbane city on OnTheHouse. According to CoreLogic's data, 867 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.