25/29 George StreetBrisbane City QLD 4000
Property Details for 25/29 George St, Brisbane City
25/29 George St, Brisbane City is a 2 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 139m2 and floor size of 139m2. While the property is not currently for sale or for rent, it was last sold in October 2009.
Last Listing description (October 2024)
Wow, what an opportunity we present in this well-presented, unique 150m? terraced 2-bedroom, 2-bathroom apartment with front-row views to the spectacular new Queens Wharf casino. The apartment comes with 2 side-by-side lock-up car parks. Located on the 1st level with a huge terrace overlooking the historically listed QLD Club, The Mansions on George St and the new Queens Wharf Development this apartment is a very unique property in the heart of the city.
If you are looking at living in the unit it is very well presented but there is an opportunity to add more renovations to what the current owner has done and turn the unit into a stylish city pad. If you are looking for a unit for your children to go to QUT, then this unit is in the best possible location being only 200m away from QUT. For the investor, the unit is currently rented getting approx $775 per week.
Club Lodge has a significant advantage over other apartments in the city as it occupies a prime corner site of approximately 2400 square meters, in a future development area. Its strategic location places it directly across from Brisbane's largest and most captivating ongoing project, the $3 Billion Queens Wharf Casino project. With recent government reforms introduced to parliament aimed at simplifying the process of amalgamation further enhance Club Lodge's potential as a lucrative development opportunity. Currently, there are only 52 lots available, making it an exclusive prospect. Recent sales indicate that the site's value could range between $55 million to $65 million.
Key features of the property include:
- Two spacious bedrooms
- Two bathrooms, with a private ensuite in the master bedroom
- An exceptionally rare enclosed garage with two side-by-side car spaces
- Total area 185m? on title (90m? internal - 60m? external + 35m2 garage)
- Building amenities include an indoor pool
- Secure entry system
? Unit rented Until FEB 12TH 24
This is a fantastic opportunity to buy at the right end of town where all the action is happening. Seize the opportunity to get in on the action in one of our city's best potential development sites.
Auction, Friday 11th August 2023 from 10:00 am | In-Rooms at Level 26, 111 Eagle Street, Brisbane, if not SOLD prior.
To obtain further information or to arrange an inspection, please contact Dean Yesberg.
DISCLAIMER: Whilst every effort has been made to ensure the accuracy of the 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.
DISCLAIMER: This property is being sold by auction, therefore due to real estate legislation in QLD and in accordance with REIQ guidelines a price guide isn't available. The website possibly filtered this property into a price range for functionality purposes. The agent does not provide any estimates on this page and should not be taken as a price guide.
Property History for 25/29 George St, Brisbane City, QLD 4000
- 11 Jun 2024Listed for Rent $775 / week
- 08 Sep 2023Listed for Sale SOLD
- 11 Jul 2023Listed for Sale SOLD
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0About 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.
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