2206/108 Albert StreetBrisbane City QLD 4000
Property Details for 2206/108 Albert St, Brisbane City
2206/108 Albert St, Brisbane City is a 1 bedroom, 1 bathroom Apartment. The property has a floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Apartment sold in Brisbane City in the last 12 months.
Last Listing description (August 2024)
This outstanding corner one bedroom apartment in Festival Towers won't last long! Offering a huge 70sqm floor plan - The largest of the 1 bedroom apartments in the building, offering spacious living areas and a versatile alfresco balcony, that can be utilised all year round. Complete with its own secure storage cage on the apartment level, this one is not to be missed!
Investors will be impressed by the great returns while those looking for a city home will love the central location and vibrant lifestyle. The owners are ready to move on - add this to your list today!
Body corporate fees: Approx. $7,916 pa
Property features:
- One spacious bedroom
- One modern bathroom
- One secure storage cage (S.22E on apartment level)
- Refurbished with recent paint, carpets, curtains and light fittings
- Open plan living and dining area
- Spacious alfresco balcony can be fully enclosed with city views and river glimpses
- Kitchen with stone benches and stainless steel appliances
- Air conditioned throughout, secure intercom access
- Approx. 70sqm of living on the 22nd floor
- Sold unfurnished
- Currently in the Oaks Hotel pool with great returns at $700 per week unfurnished.
Festival Towers building facilities include two swimming pools, a spa, sauna, gymnasium and BBQ entertaining area. In the perfect city heart location, all that the vibrant CBD has to offer is at your fingertips with Queen Street Mall just 200m away and major city hotspots such as the Eagle St Pier, Botanic Gardens, QUT and the Casino are nearby. All forms of public transport are within walking distance.
This property is all about location!
Only approx. 2-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.
Only approx. 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 center, first-class casino, new public recreational facilities, pedestrian bridge to South Bank and river boardwalks.
For 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 2206/108 Albert St, Brisbane City, QLD 4000
- 02 Aug 2024Sold for $477,000
- 16 Jul 2024Listed for Sale Offers Over $465,000
- 02 May 2018Listed for Rent $400 / week
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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 12,267 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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