1907/79 Albert StreetBrisbane City QLD 4000
Property Details for 1907/79 Albert St, Brisbane City
1907/79 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.
Last Listing description (April 2024)
Freshly refurbished with new paint, curtains and carpet and located in the heart of the CBD, this rare oversized 73sqm apartment offers convenient city living on the 19th floor of the popular River City Apartments on Albert Street. Surrounded by the much-anticipated multi-billion dollar infrastructure projects such as Queen's Wharf Precinct and the New Albert Station, this property is a perfect home for the working professional or a stand out opportunity for investors looking for high returns and long term capital growth.
Featuring large glass windows throughout with glass sliding doors from the living/dining area to the balcony, this apartment is filled with plenty of natural light and breeze and provides a seamless transition from indoor to outdoor living onto the spacious 21sqm balcony. This property is the perfect inner city pad for convenient city living, or a great high returning investment opportunity with long-term growth potential.
River City Apartments is a modern and tightly held complex located in the very heart of the Brisbane CBD. As there are many owner-occupiers in this building, this remains one of the most sought after buildings in the City! This is a very well maintained building with a healthy sinking fund.
In addition, the Brisbane City Council's Albert Street precinct renewal strategy will see this area transformed into a thriving city precinct where commuting is easy and the streets are alive with greenery, dining, shopping and inspiring art.
Property Features:
-Freshly refurbished with new paint, curtains and carpet
-Stylish main bedroom with mirrored built-in wardrobe and balcony access
-Modern well-appointed bathroom
-Great sized entertaining balcony with city and street views
-Modern open plan living
-Plenty of natural light and breeze throughout
-Stunning kitchen with large island and stone benchtops
-Ample space in pantry and storage in kitchen
-Concealed internal laundry with a near new dryer
-Split system air conditioning for both heating and cooling
-Total living of approximately 73sqm (internal 52sqm, balcony 21sqm) on Level 19
-Rental potential of $640 per week unfurnished and $700 per week fully furnished to long term tenants
-Affordable body corporate fees!
Building Features:
- Pool
- Spa
- Sauna
- BBQ Facilities
- Gym
- Onsite management
- Security access system
- Bicycle rack in basement
The apartment is only 1 minute walking distance to the new Albert Street Station, which is scheduled to open next year and will provide rail services to the southern end of the CBD for the first time, opening up opportunities for employment, business, education, and entertainment. Link - https://www.crossriverrail.qld.gov.au/info/#new-stations-top
It is also 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/
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 1907/79 Albert St, Brisbane City, QLD 4000
- 25 Oct 2023Sold for $408,000
- 13 Oct 2023Listed for Sale Offers Over $409,000
- 10 Jun 2010Sold for $338,000
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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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