2404/222 Margaret StreetBrisbane City QLD 4000
Property Details for 2404/222 Margaret St, Brisbane City
2404/222 Margaret St, Brisbane City is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 62m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 2 bedroom Unit sold in Brisbane City in the last 12 months.
Last Listing description (December 2024)
**Please scroll down to find financial information on this property** This apartment is located in the Uptown Tower
Hey Rocky, how much does the owner want?
This unit is priced to sell due to change of family circumstance. Be very quick!!! Below are comparable sales:
713 ( level 7) same layout with car park - SOLD for $600,000
1502 (level 15) same layout and same view - SOLD for $600,000
715 (level 7) same layout with no carpark - SOLD for $530,700
1602 (level 6) same layout with no carpark -SOLD for $535,000
Please also read news below to see how much the carpark is worth and why it is going to be very rare to have unit with carpark in the future
https://www.theurbandeveloper.com/articles/brisbane-high-density-parking-requirements-dropped
After above comparable sales, what I can tell is that owner is looking for early $600Ks (we believe even below bank valuation). If this sounds fair to you, please call to have a chat.
WHAT MAKES THIS APARTMENT BETTER IS THAT THE VIEW IS AWAY FROM FUTURE MERITON HOTEL DEVELOPMENT !!!!
Exclusive Car Park Space (C8104) boosting an extra $100 per week. This apartment includes a rare 15m car park space, ideal for a medium-sized car.
The unit is currently leased by a student who takes excellent care of the property. To maintain goodwill, the owner has kept the rental at a moderate level, which adds unseen value. The current rental income is $570 per week until March 2025, with the tenant possibly vacating a few months earlier. The new rental appraisal is $750 to $780 per week.
Unit Features Include:
- Exclusive car park which is allocated to this unit
- Open-plan living and dining room overlooking the stunning Brisbane River and city skyline
- Good-sized bedroom with built-in robes
- Stylish modern kitchen equipped with a gas 4-burner cooktop, dishwasher, and breakfast bench
- Modern bathroom with high-quality fittings and fixtures
- Abundant natural light from floor-to-ceiling glass windows
- Ducted air conditioning throughout
- Convenient internal laundry
The Owner Loves
- Waking up to the stunning river view every morning
- Walking to the Botanic Gardens, Union Square, and South Bank
- Enjoying the amenities and services of Sky Tower
- Living in the heart of Brisbane's most vibrant and sought-after neighborhood
- Rental income of approximately $750 to $780 per week
Sky Tower Building Features:
- Prime Brisbane CBD location with luxury concierge reception
- Five-star amenities and services
- Entertaining spaces and BBQ Facilities on multiple recreational decks
- Swimming pool with panoramic views on level 40
- Fully equipped gym
- Steam Room
Don't miss this opportunity to own a piece of the sky!
Outgoings
Body Corporate Levies: $2,100 approx. per quarter
Council Rates: $500 approx. per quarter
Water Rates: $250 to $280 approx. per quarter (excluding water usage)
Disclaimer: This property is advertised for sale without a price, and as such, a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. Please do not make any assumptions about the sale price of this property based on the website price.
Property History for 2404/222 Margaret St, Brisbane City, QLD 4000
- 10 Dec 2024Sold for $620,000
- 07 Mar 2024Listed for Sale Not Disclosed
- 03 Aug 2015Sold for $604,130
Commute Calculator
Recent sales nearby
See more recent sales nearby
0
0
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
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.
Suburb Insights for Brisbane City 4000
Market Insights
Brisbane City Trends for Houses
N/A
N/A
View TrendN/A
N/A
Brisbane City Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
