OFF MARKET

2501/79 Albert Street
Brisbane City QLD 4000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 51m2
Land area: 72m2
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Last updated 28 Oct 2024
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Property Details for 2501/79 Albert St, Brisbane City

2501/79 Albert St, Brisbane City is a 1 bedroom, 1 bathroom Unit and was built in 2003. The property has a land size of 72m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
Unit
Year Built
2003
Floor Size
51m2
Land Size
72m2
Local Government
Brisbane
Lot/Plan
2501/SP139730

Last Listing description (January 2022)

All investors, first home buyers or those looking for an affordable inner city home, must inspect this north facing 1 bedroom apartment featuring an oversized 21sqm entertaining balcony.

Situated in the centre of the CBD and surrounded by the much-anticipated multi-billion dollar infrastructure projects such as Queen's Wharf Precinct and the New Albert Station, making this property a perfect home for the working professional or a stand out opportunity for investors looking for high returns and long term capital growth.

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/
The owners are committed to the sale and ready to move on. Act fast, this one won't last long!

**APARTMENT 2601 IS ALSO AVAILABLE FOR SALE AND IS CURRENTLY RENTING AT $380 PER WEEK UNFURNISHED UNTIL 26 SEPTEMBER 2023**

*Photos are indicative of the actual apartment, updated photos coming soon.

Property Features:
- One bedroom with built in wardrobe & balcony access
- One bathroom with internal laundry
- North facing spacious entertaining balcony with unparalleled city view and glimpse of Brisbane River & Story Bridge views
- Stunning kitchen with stone bench tops and gas cooking
- European stainless steel appliances/dishwasher
- Very reasonable body corporate fees
- Approximately 72sqm in total on level 25 (internal 51sqm external 21sqm)
- Currently renting at $350 per week unfurnished until 9th April 2022
- Easy access to inner city bypass, tunnels, the M1 motorway with Brisbane Airport only 15kms away

River City features great building facilities which include swimming pool, gymnasium, sauna, BBQ area and on-site management. Located in the heart of the CBD, you can walk to everything including Queen St Mall, botanic gardens, QUT, riverside eateries and bars, cafes, the list goes on!

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.

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Property History for 2501/79 Albert St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$300,000
03 Dec 2021
Listed for Rent
06 Apr 2020
  • 03 Dec 2021
    Sold for $300,000
  • 18 Nov 2021
    Listed for Sale Offers Over $309,000
  • 21 Feb 2020
    Listed for Rent $370 / 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 12,281 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 104 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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