OFF MARKET

2602/550 Queen Street
Brisbane City QLD 4000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 81m2
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Property Details for 2602/550 Queen St, Brisbane City

2602/550 Queen St, Brisbane City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 81m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
Unit
Year Built
2017
Land Size
81m2
Local Government
Brisbane
Lot/Plan
2602/SP276954

Last Listing description (August 2022)

Featuring arguably the best floor plan and high on level 26 in the luxurious Spire Residences, this north-facing apartment is fitted with floor to ceiling windows to enjoy the fantastic views of Brisbane City. The open plan kitchen with stainless steel appliances allows you to easily entertain guests and seat them either on the balcony or the spacious living/dining area. This apartment would suit both the owner-occupier looking for a modern & contemporary Inner City home or the astute investor due to the prime location.

Situated in the prestigious Spire Residences and a short stroll to the exciting Howard Smith Wharves as well as in close proximity to the World Class Queen's Wharf Precinct, bringing unprecedented and updated amenities to local residents which will create fantastic capital growth for the building.

Within walking distance to the proposed Waterfront Precinct, which is a unique opportunity to transform Brisbane Eagle Street and its surrounds into a leading premium business and lifestyle destination. http://waterfrontprecinct.com.au/

A much-loved investment, but the interstate seller is eager to move on!

Properties of this calibre are rarely offered to the market! Call, text, and email 24/7 to arrange an inspection!

*Photos are indicative of the actual apartment from the same floor plan on another level.

Property Features:
- Two spacious bedrooms
- Two modern bathrooms - master with ensuite
- One secure car space C.125 on B1
- One spacious balcony
- High-quality stainless steel appliances and kitchen island bench
- Stunning views of the Brisbane City on level 26
- Total area approx. 80 sqm (internal 75 sqm - external 5 sqm)
- Currently renting at $565 per week unfurnished until 24th of July 2022
- Rental potential of $580 to $600 per week unfurnished after the lease ends to long term tenants

Building Facilities:
- Beautiful 20m long rooftop infinity pool
- Private dining room available for residents to host private functions
- Alfresco barbeque area and relaxing sun lounges
- Rooftop leisure deck
- Rooftop gymnasium
- Cinema Room

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.

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 2602/550 Queen St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$610,000
19 Jun 2022
  • 19 Jun 2022
    Sold for $610,000
  • 03 May 2022
    Listed for Sale Offers Over $629,000
  • 24 Jul 2015
    Sold for $700,000

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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 12,273 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.
There are currently 117 properties listed for sale, and 81 properties listed for rent in Brisbane city on OnTheHouse. According to CoreLogic's data, 869 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.