2201/70 Mary StreetBrisbane City QLD 4000
Property Details for 2201/70 Mary St, Brisbane City
2201/70 Mary St, Brisbane City is a 1 bedroom, 1 bathroom Unit and was built in 2008. The property has a land size of 63m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in April 2023.
Last Listing description (May 2023)
This impressive apartment situated on the 22nd floor boasts a spacious layout featuring 1 bedroom, a separate study, and 2 private balconies. Its prime location in the bustling commercial hub of Brisbane City, adjacent to the dynamic Queen's Wharf Precinct and the newly constructed Albert Street Station, adds exceptional value to this property. Perfectly suited for both owner occupiers looking for the convenience of city living and the astute investors looking for steady rental income and capital growth.
Over looking Mary Street, this apartment is one of the more favourable positions in the building!
Property Features:
-1 Spacious bathroom, with ample bench space and laundry
-1 Study/office - Fits single bed/desk or good sized home office
- Ducted air-conditioning throughout
- Kitchen with quality appliances and plenty of storage space
- Approx. 63 sqm in total (Internal - approx. 53sqm and approx. 10sqm external balconies) on level 22
- South East aspect
- Intercom security system
- Current renting in the hotel letting pool - Release date 14th of July 2023.
- Rental potential of $600 per week furnished to a long term tenant
Building Facilities:
- On-site management through Mantra Group
- Outdoor 25m lap pool and sauna
- Well equipped gymnasium
- Barbecue / Recreational Area with plenty of tables and chairs
- Secure Visitor Parking
Only 1-minute 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 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 further information regarding the Brisbane Inner City property market please go to https://raywhiteiba.com.au/news.
Please advise the agent in writing before placing an offer if you require Foreign Investment Review Board approval (FIRB). Please visit - https://firb.gov.au/ for further details.
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 2201/70 Mary St, Brisbane City, QLD 4000
- 03 Apr 2023Sold for $346,500
- 27 Mar 2023Listed for Sale Offers Over $340,000!
- 14 Oct 2015Listed for Rent $490 / week
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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 12,281 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.
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