SOLD
Sold on 24 Oct 2024 for $511,000

2507/550 Queen Street
Brisbane City QLD 4000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 52m2
Land area: 57m2
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Property Details for 2507/550 Queen St, Brisbane City

2507/550 Queen St, Brisbane City is a 1 bedroom, 1 bathroom Unit and was built in 2017. The property has a land size of 57m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 1 bedroom Unit sold in Brisbane City in the last 12 months.

Building Type
Unit
Year Built
2017
Floor Size
52m2
Land Size
57m2
Local Government
Brisbane
Lot/Plan
2507/SP276954

Last Listing description (November 2024)

Experience contemporary living at its finest in this modern one-bedroom apartment, ideally situated in Brisbane's vibrant CBD. Designed to maximize breathtaking panoramic views of the Brisbane River, this stylish residence features expansive floor-to-ceiling glass windows and a spacious open-plan layout that seamlessly extends to a covered balcony.

Key Features:

-One spacious bedroom with a modern ensuite bathroom

-Fully furnished with high-quality finishes
-Generous balcony perfect for relaxation
-High-quality stainless steel appliances
-Ample storage throughout
-Ducted air conditioning for year-round comfort
-Total area of approximately 56 sqm (51 sqm internal, 5 sqm external)
-Short-Term/Long-Term Rental Option with Rental Guarantee Managed by Onsite Property Manager
-Body Corporate fees: Approximately $4,810.38 per year
-Rates: $480.95 per quarter

Building Information:

-Year Built: 2017
-Builder: Hutchinson
-Developer: Consolidated Properties Group
-Onsite Manager: Available Monday-Friday, 8 AM-4 PM, with 24-hour emergency contact

Building Facilities:

-Spacious security bike storage
-Library
-20m rooftop heated infinity pool
-Private dining room for hosting events
-Alfresco barbecue area and sun lounges
-Rooftop leisure deck
-Rooftop gym
-Cinema room

Convenient Location:

Situated in the heart of Brisbane, this apartment is close to public transport and major attractions such as Howard Smith Wharves, Queen Street Mall, and Fortitude Valley. Its just a short walk to the Eagle Street Pier and the upcoming $2.5 billion Waterfront Precinct, which will transform Brisbanes Eagle Street into a premier destination for business and leisure.

The Waterfront Precinct will integrate notable riverside spots to create vibrant public spaces, shopping, and dining options. Additionally, the property is near the Queen's Wharf Brisbane precinct-a unique and vibrant development featuring a boutique underground shopping center, a world-class casino, new public recreational facilities, a pedestrian bridge to South Bank, and scenic river boardwalks.

DISCLAIMER: Please note that although we have made every effort to ensure the accuracy of the information presented in this property listing, it is not intended to be a warranty or representation by the vendor or agent. All information has been gathered from reliable sources, but interested parties should conduct their own inspections, inquiries, and searches with relevant authorities.

Property History for 2507/550 Queen St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$511,000
24 Oct 2024
  • 31 Oct 2024
    Listed for Sale For Sale
  • 24 Oct 2024
    Sold for $511,000
  • 10 Apr 2015
    Sold for $421,000

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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 12,434 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.
There are currently 105 properties listed for sale, and 88 properties listed for rent in Brisbane city on OnTheHouse. According to CoreLogic's data, 870 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.