OFF MARKET

2204/79 Albert Street
Brisbane City QLD 4000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 78m2
Land area: 109m2
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Last updated 28 Oct 2024
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Property Details for 2204/79 Albert St, Brisbane City

2204/79 Albert St, Brisbane City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 109m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
Unit
Year Built
2003
Floor Size
78m2
Land Size
109m2
Local Government
Brisbane
Lot/Plan
2204/SP139730

Last Listing description (August 2022)

Do not miss this brilliant property, offering a fantastic opportunity to purchase a well-priced and spacious 109sqm apartment in the reputable River City complex! Situated in the centre of the CBD and surrounded by the much-anticipated multi-billion dollar infrastructure projects such as Queen's Wharf Precinct and the new Albert Street Station, this property has a very well-designed and comfortable floor plan, making it a perfect home for the working professional or stand out opportunity for investors looking for high returns and long term capital growth.

Vacant possession! Ready to move in or Rent out!

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/

Do not pass this one up before inspecting - The seller is motivated to sell and move on!

Property Features:
-Two separated bedrooms, master bedroom with walk-in wardrobe and ensuite
-Both bedrooms have balcony access
-Two large bathrooms
-Expansive undercover entertaining balcony (31sqm)
-Modern open plan living, 109sqm (78sqm internal; 31sqm external) on level 22
-One secure car space C.166 on Level 4
-Stunning house-size kitchen with stone benchtops and gas cooking
-Ample pantry space and internal storage throughout the apartment
-Air-conditioning & ceiling fans
-Rental potential to long-term tenants $590 to $620 per week unfurnished and $640 to $670 per week fully furnished
-Very reasonable low body corporate fees

River City features great building facilities which include swimming pool, gymnasium, sauna, BBQ area, and on-site management. Located in the heart of the CBD, you can walk to everything including Queen St Mall, botanic gardens, QUT, riverside eateries and bars, cafes, the list goes on!

VIEW THIS LINK TO SEE HOW BRISBANE'S SKYLINE WILL BE TRANSFORMED BY 2022
http://www.brisbanetimes.com.au/queensland/interactive-brisbanes-skyline-to-be-transformed-in-2022-20160815-gqsixb.html

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.

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Property History for 2204/79 Albert St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$490,000
02 Jul 2022
  • 02 Jul 2022
    Sold for $490,000
  • 29 Jun 2022
    Listed for Sale Offers Over $489,000
  • 10 Jan 2008
    Sold for $485,000
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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 12,281 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.
There are currently 105 properties listed for sale, and 78 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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