OFF MARKET

2401/108 Albert Street
Brisbane City QLD 4000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 76m2
Land area: 86m2
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Property Details for 2401/108 Albert St, Brisbane City

2401/108 Albert St, Brisbane City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 86m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
Unit
Year Built
2006
Floor Size
76m2
Land Size
86m2
Local Government
Brisbane
Lot/Plan
2401/SP154492

Last Listing description (November 2022)

Sought after floor plan offered for sale - this is a great opportunity to secure a fantastic apartment in Festival Towers. North facing and located on the 24th floor with city views, this outstanding apartment would be an excellent investment with great returns or would make a comfortable CBD home.

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

A much loved property, but the current owners must move on. Call today to book your private inspection!

Property Features:
- Two bedrooms with built-ins
- Two bathrooms
- Main bathroom features laundry facilities and a bathtub
- One secure car space (C.137 on level B3)
- Secure storage cage (S.24A on apartment level 24)
- Open plan living area features bi-fold doors which open out to the alfresco balcony
- Private alfresco balcony can be utilised as a unique living space
- Excellent floor plan offers privacy from the outside world
- Good size kitchen boasts quality appliances, gas cooktop and stone benches
- Ducted air conditioning
- 86sqm on the 24th floor with city views
- Vacant Possession
- Potential rental income of $620-$650 p/w unfurnished or $660-$700 p/w fully furnished

The Festival Towers building facilities include a pool, spa, sauna, gymnasium and BBQ 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.

The Queen's Wharf Brisbane precinct 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.

Link - http://www.statedevelopment.qld.gov.au/major-projects/queens-wharf-brisbane.html

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.

Property History for 2401/108 Albert St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$585,000
13 Oct 2022
  • 13 Oct 2022
    Sold for $585,000
  • 30 Sep 2022
    Listed for Sale Offers Over $585,000
  • 22 Jul 2020
    Listed for Rent $495 / 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 12,273 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.
There are currently 117 properties listed for sale, and 79 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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Disclaimer
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.