OFF MARKET

2908/108 Albert Street
Brisbane City QLD 4000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 86m2
Land area: 91m2
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Property Details for 2908/108 Albert St, Brisbane City

2908/108 Albert St, Brisbane City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 91m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
Unit
Year Built
2006
Floor Size
86m2
Land Size
91m2
Local Government
Brisbane
Lot/Plan
2908/SP154492

Last Listing description (November 2021)

Positioned on the 29th level of the highly desirable Festival Towers building, this brilliantly maintained and spacious apartment will appeal to both the astute investor and an owner occupier. Featuring a large alfresco dining area which allows you to entertain guests all year long allowing you to separate your living and dining more so than other standard two bedrooms in the area.

Apartment Features:
* 2 Spacious bedrooms

* 2 Modern bathrooms
* 1 Secure car space
* 1 Storage cage next to the car space
* Functional floor plan with open plan living and fully equipped kitchen
* Total area 91sqm - internal 86sqm, external 5sqm
* Situated on the 29th floor
* Generous alfresco dining area along with a separate outdoor balcony
* Views towards Kangaroo Point cliffs and some glimpses of the river
* South-Eastern aspect
* Currently owner occupied
* Rental potential of approx. $500 - $520pw unfurnished

Festival Towers building facilities include a pool, spa, sauna, and gymnasium and BBQ area. In the perfect city heart location, all that the vibrant CBD has to offer is at your fingertips with Queen Street Mall just 200m away.

Only approx 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.colinwalsh.com.au/cross-river-rail/

Only approx 5 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://www.colinwalsh.com.au/new-world-class-entertainment-precinct-for-queens-wharf-brisbane/

This fantastic opportunity will not last - register your interest today.

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.

DISCLAIMER: This property is being sold by auction, therefore due to real estate legislation in QLD and in accordance with REIQ guidelines a price guide isn't available. The website possibly filtered this property into a price range for functionality purposes. Any estimates on this page are not provided by the agent and should not be taken as a price guide.

Property History for 2908/108 Albert St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$505,000
28 Oct 2021
  • 28 Oct 2021
    Sold for $505,000
  • 23 Sep 2021
    Listed for Sale Auction
  • 21 Dec 2009
    Sold for $492,000
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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 12,265 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 77 properties listed for rent in Brisbane city on OnTheHouse. According to CoreLogic's data, 850 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.