OFF MARKET

2706/108 Albert Street
Brisbane City QLD 4000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 70m2
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Last updated 14 Oct 2024
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Property Details for 2706/108 Albert St, Brisbane City

2706/108 Albert St, Brisbane City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 70m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
2006
Floor Size
70m2
Land Size
70m2
Local Government
Brisbane
Lot/Plan
2706/SP154492

Last Listing description (October 2023)

A very central location at Festival Towers this is one of the most sought-after positions in the building for its large floor plan.
A well designed 1 bedroom apartment perfect for inner-city living with floor to ceiling glass on the alfresco balcony for plenty of light and year-round entertaining.
Festival Tower is a residential building, with recently re-furbished facilities including stunning lap pool, plunge pool, spa, gymnasium, sauna and BBQ areas. Live-in, rent out or corporate let with brilliant returns from the Oaks group on-site.

Do the maths! This apartment will offer a very low-cost to hold investment for the savvy investor. CBD investing is the place to be for a long-term high returns so sit back and enjoy a solid performance undertaking income from the Oaks while the property market moves.

Sizeable bedroom with built-in robes, easy access bathroom/ laundry and a well-designed kitchen.
Stone bench-tops, ducted air-con and gas cooking for the chef Festival Tower apartments are well equipped with plenty of space and light.

- Fully Furnished
- Granite bench tops / Ducted Air-conditioning
- Pool / Gym / Sauna
- On-site management
- Secure foyer and lifts

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Property History for 2706/108 Albert St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$475,000
16 Aug 2023
  • 24 Aug 2023
    Listed for Sale Offer's over $450,000
  • 16 Aug 2023
    Sold for $475,000
  • 02 Feb 2004
    Sold for $371,000

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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 101 properties listed for sale, and 75 properties listed for rent in Brisbane city on OnTheHouse. According to CoreLogic's data, 864 properties were sold in the past 12 months in Brisbane city.

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