OFF MARKET

204/108 Margaret Street
Brisbane City QLD 4000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 22m2
Land area: 22m2
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Last updated 28 Oct 2024
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Property Details for 204/108 Margaret St, Brisbane City

204/108 Margaret St, Brisbane City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 22m2 and floor size of 22m2. While the property is not currently for sale or for rent, it was last sold in March 2018.

Building Type
Unit
Year Built
1998
Floor Size
22m2
Land Size
22m2
Local Government
Brisbane
Lot/Plan
204/BUP106845

Last Listing description (September 2016)

Located in the most popular and sought after locations of Brisbane CBD is this fantastic opportunity that all owner occupiers and investors will want to be in on.
Uni Lodge offers so much for so little, as the building has a little over 1.1 million dollars in the sinking fund and the on-site management will trade at a high 95% - 100% occupancy right throughout the year which for investors it means a consistent flow of high yielding income all year round.
You have plenty of opportunities as to what you wish to do with the apartment such as, occupy the apartment yourself, Lease through the on-site management, Self-manage or even lease through an out sourced agency.

The apartment is currently leased for $339.93 per week through the Unilodge on-site management unit June 2016.
Uni Lodge boasts:
- Outdoor Pool & BBQ area
- Student Lounge
- Communal Kitchen on Level 4
- Communal free Wi-Fi
- Coin operated laundry
- Licensed Caf
- Convenience store
- On-site Management
- Healthy Sinking Fund
- Security Access

Offered for sale is this stunning high floor studio which features:
- Low body corporate fee s
- Long term lease until 29/06/2016
- $339.93 per week
- Fully furnished
- Double Bed
- 18th floor
- 22 square meters
Uni Lodge apartments will not last long at all and it would certainly benefit you to get in quick.

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Property History for 204/108 Margaret St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$148,000
23 Mar 2018
  • 23 Mar 2018
    Sold for $148,000
  • 11 Jul 2016
    Sold for $184,000
  • 06 May 2016
    Listed for Sale $187,000 6.3% NET YEILD
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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 12,278 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 77 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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