OFF MARKET

2501/570 Queen Street
Brisbane City QLD 4000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 84m2
Land area: 84m2
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Last updated 28 Oct 2024
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Property Details for 2501/570 Queen St, Brisbane City

2501/570 Queen St, Brisbane City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 84m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
1999
Floor Size
84m2
Land Size
84m2
Local Government
Brisbane
Lot/Plan
99/BUP106993

Last Listing description (March 2023)

Looking for a versatile and high yielding investment? Look no further! This very large one bedroom with a separate study/multipurpose room boasts very large potential rental income or could be utilised as an extremely comfortable city home. The amazing views of the Brisbane River, city and beyond can be enjoyed from your balcony or your oversized master bedroom which has a convenient dual access ensuite/bathroom.

Please ensure you inspect this apartment as soon as possible as it will not last long.

Property Features:

- Spacious bedroom with balcony access
- Spacious study/multimedia room
- Dual access bathroom with laundry
- Kitchen with stainless steel appliances
- Fully-ducted reverse cycle air-conditioning
- Secure car space
- Total area approx. 69sqm
- Located on level 25
- Currently rented through the hotel letting pool
- Rental potential of approx. $600pw fully furnished
- Fully furnished
- Amazing views of the river and city

Building facilities:
- Outdoor swimming pool
- Gym
- Spa

Ideally located near to the newly developed Howard Smith Wharf entertainment precinct featuring fine dining options, the popular Felons Brewery, bars and cafes along the Brisbane riverfront. It's a short stroll to the Queen Street Mall shopping district and the riverside dining precinct of Eagle St Pier and the entertainment hub of Fortitude Valley including Chinatown minutes away.

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: The agency believes that all information contained herein be true & correct to the best of our ability and in no way misleading, however all interested parties are advised to carry out their own enquiries and relevant searches independently.

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Property History for 2501/570 Queen St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$385,000
03 Feb 2023
  • 03 Feb 2023
    Sold for $385,000
  • 17 Jan 2023
    Listed for Sale Offers Over $379,000
  • 02 Oct 2008
    Sold for $352,000
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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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