OFF MARKET

2415/222 Margaret Street
Brisbane City QLD 4000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 64m2
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Property Details for 2415/222 Margaret St, Brisbane City

2415/222 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 64m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
2017
Land Size
64m2
Local Government
Brisbane
Lot/Plan
2415/SP274600

Last Listing description (June 2023)

This furnished modern two bedroom apartment with a car space and storage cage is situated on level 24 in 'Uptown' within Brisbane's newest landmark 'Skytower'.

Be one of the lucky purchasers, to secure this luxury development at a fantastic price. Easterly facing with views of Brisbane River, Botanical Gardens and Brisbane City, apartment 2415 is perfectly suited for the owner-occupiers looking for a liveable apartment in the heart of the CBD, or investors seeking a low maintenance investment with great returns and long-term growth.

Conveniently located in the heart of Brisbane CBD and in the close proximity of the exciting Queen's Wharf Precinct and the New Albert Street Station, makes this apartment outstanding value!

The owner's instruction is clear and requires an immediate result!

Property Features:
* Two spacious bedrooms with built-in wardrobes
* One lavish bathroom with floor to ceiling tiles
* One secure car space (C.24.15) and a spacious storage cage (S.24.15) behind the car space on basement level 7
* Modern kitchen with European appliances with gas cooktop and dishwasher
* Floor to ceiling windows throughout the living area, perfectly capturing the stunning views of Brisbane River and Botanical Gardens
* Fully ducted heating & cooling air conditioning
* Separated concealed internal laundry
* Approx. 64 sqm in total on level 24
* Low body corp fees
* Quality furniture throughout
* Access to Pool, Gym and BBQ area on level 40
* Currently renting at $700 per week furnished until 16 November 2023
* Rental potential of $800 per week after lease ends

Strategic Location
Located at 222 Margaret Street in the heart of the Brisbane CBD, Queensland's largest employment area.

Infrastructure
Brisbane's CBD benefits from around $28 billion in future infrastructure.

Employment Growth
Over 222,000 new jobs are expected within 3km of Brisbane Skytower by 2031 and 65,633 jobs within Brisbane's CBD by 2031.

Enjoy a convenient lifestyle where everything you need is on your doorstep. The following destinations are just a stroll away from Brisbane Skytower:

*Brisbane Queen's Wharf
*New Albert Street Station
*CBD workplaces
*Queen Street Shopping Mall
*Eagle Street Pier
*The City Botanic Gardens
*The Treasury Casino
*The Museum of Brisbane
*Cafes, restaurants
*Boutique retailers
*Universities - Queensland University of Technology, James Cook University and CQUniversity Brisbane

LOCATION, LOCATION, LOCATION

Only 3-minutes 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 10 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/

VIEW THIS LINK TO SEE 7 Major Infrastructure Projects
https://theurbandeveloper.com/articles/brisbane-new-life-post-gfc-development-activity

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 further information regarding the Brisbane Inner City property market please go to colinwalsh.com.au.

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 2415/222 Margaret St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$560,000
16 May 2023
Listed for Rent
$700/w
06 Nov 2022
  • 16 May 2023
    Sold for $560,000
  • 04 Apr 2023
    Listed for Sale Offers Over $549,000
  • 07 Oct 2022
    Listed for Rent - Price not available
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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 77 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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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.