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Sold on 08 Aug 2024 for $378,200

206/167 Albert Street
Brisbane City QLD 4000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 49m2
Land area: 44m2
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Property Details for 206/167 Albert St, Brisbane City

206/167 Albert St, Brisbane City is a 1 bedroom, 1 bathroom Unit and was built in 1930. The property has a land size of 44m2 and floor size of 49m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Unit sold in Brisbane City in the last 12 months.

Building Type
Unit
Year Built
1930
Floor Size
49m2
Land Size
44m2
Local Government
Brisbane

Last Listing description (October 2024)

Discover a rare gem in the heart of Brisbane! This stunning, deluxe studio apartment is located on the 2nd floor of the heritage-listed 'Royal Albert Apartments' - a chance to own a piece of Brisbane's history in the city's best central position. This elegant apartment combines character with modern comfort, featuring high ceilings and abundant natural light. Immaculately maintained, it's sure to impress!

Constructed in 1913 and refurbished in 1996 as a 73-room boutique apartment hotel, Royal Albert offers versatile ownership options: live in it, rent it long-term, or include it in the onsite hotel pool for a good income from short-term stays. It's perfect for those who frequently visit Brisbane City and want a charming place to stay while earning a return when they're away.

Notable Fees:

Body Corporate - $1,205 p.q. approximately
Brisbane City Council - $490 p.q. approximately
Utilities - $293 p.q. approximately
Currently leased in the hotel rental pool
Rental Appraisal - $500-$550 p.w.

The apartment offers a spacious deluxe suite complete with a flat-screen TV, providing a perfect blend of comfort and modern amenities. It includes a large marble bathroom that adds a touch of luxury. The apartment is designed to maximize space and light, featuring large windows that face Elizabeth St. The apartment is fully furnished with high-quality fixtures, ensuring a ready-to-move-in experience. The high 14-foot ceilings add to the sense of space and grandeur, while the ducted air conditioning throughout the apartment ensures comfort in all seasons.

Situated in a prime central location, the apartment is approximately 100 meters from Queen Street Mall, offering easy access to a variety of shops and dining options. The Cross River Rail station is just 50 meters away, making commuting convenient. The apartment is also close to the Queens Wharf Casino precinct, approximately 300 meters away, and the Eagle Street Business precinct, about 600 meters away, making it ideal for business professionals. Additionally, the beautiful Botanical Gardens are just 300 meters away, providing a perfect spot for relaxation and recreation. This location truly offers the best of Brisbane at your doorstep.

Property History for 206/167 Albert St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$378,200
08 Aug 2024
  • 08 Aug 2024
    Sold for $378,200
  • 10 Jul 2024
    Listed for Sale UNDER CONTRACT by Mary Buchan

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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 12,434 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 88 properties listed for rent in Brisbane city on OnTheHouse. According to CoreLogic's data, 870 properties were sold in the past 12 months in Brisbane city.

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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.