2508/70 Mary StreetBrisbane City QLD 4000
Property Details for 2508/70 Mary St, Brisbane City
2508/70 Mary St, Brisbane City is a 1 bedroom, 1 bathroom Unit and was built in 2007. The property has a land size of 64m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
Last Listing description (March 2023)
Located on the 25th floor, this spacious one bedroom plus separate study with private balconies is sure to impress! With the unbeatable location in the commercial heart of Brisbane City, right next to the exciting Queen's Wharf Precinct and the new Albert Street Station, makes this apartment of outstanding value and perfectly suited for both owner occupiers for the convenience of city living and astute investors looking for steady rental income and long-term growth.
Do not pass this one up before inspecting - The seller is motivated to sell and move on!
Property Features:
-1 Spacious bathroom, with ample bench space and laundry
-1 Study/Office - Fits single bed/desk or good sized home office
- Ducted air-conditioning
- Kitchen with quality appliances and plenty of storage space
- Approx. 64 sqm in total (Internal - approx. 54sqm and approx. 10sqm external balconies) on level 25
- Intercom security system
- Current renting at $410 per week unfurnished until 10th of July 2023
- Rental potential of $500 per week unfurnished and $570 per week furnished to a long term tenant
Building Facilities:
- On-site management through Mantra Group
- Outdoor 25m lap pool and sauna
- Well equipped gymnasium
- Barbecue / Recreational Area with plenty of tables and chairs
- Secure Visitor Parking
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/
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 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: 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 2508/70 Mary St, Brisbane City, QLD 4000
- 07 Feb 2023Sold for $325,000
- 16 Nov 2022Listed for Sale Offers Over $320,000!
- 23 May 2022Listed for Rent $400 / week
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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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