OFF MARKET

3101/79 Albert Street
Brisbane City QLD 4000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 94m2
Land area: 121m2
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Property Details for 3101/79 Albert St, Brisbane City

3101/79 Albert St, Brisbane City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 121m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
2003
Floor Size
94m2
Land Size
121m2
Local Government
Brisbane
Lot/Plan
3101/SP139730

Last Listing description (April 2023)

Rarely does an opportunity like this present itself to the market. Perfectly positioned with a Northern aspect on the 31st floor of 'River City', featuring a very large and well-designed floor plan, with a study and two balconies. Situated in the 'River City' complex - centrally located in the most exciting part of the CBD between Queen St Mall and Botanical Gardens - perfect for the owner occupier seeking the vibrant City lifestyle or a great opportunity for investors looking for high returns and long-term growth.

Property features:

-Two bedrooms with extra-large wardrobes

-Master with private balcony, 2nd bedroom with access to the main balcony
-Two large bathrooms, 2nd with internal laundry
-One well-designed study area
-One secure car space (C.113 on level 2)
-Large kitchen immaculately appointed with ample space and storage.
-Northwest facing with City and glimpse of Brisbane River & Story Bridge views
-Total 121sqm of living (93sqm int; 28sqm ext.) on level 31
-Body corporate fees are approximately $7889 per annum & Rates approximately $1700 per annum
-Potential Rent $785 - $815 per week (Fully Furnished)
-River City facilities include a pool, spa, sauna, gymnasium, and entertaining deck with BBQ area. The perfect central location is just minutes away from all that the vibrant CBD has to offer.

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.

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.

The overseas owners have advised that this is a genuine deadline sale, and that offers prior to the auction are being strongly encouraged. Don't miss out on this fantastic opportunity to secure your new property, call today to arrange an inspection.

Auction: Friday 17th February at Level 24, 215 Adelaide Street, Brisbane from 9:30 am.

Property History for 3101/79 Albert St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$645,000
17 Feb 2023
Listed for Rent
$665/w
22 Dec 2015
  • 17 Feb 2023
    Sold for $645,000
  • 23 Jan 2023
    Listed for Sale Under Offer
  • 29 Oct 2015
    Listed for Rent $665 / week
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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 105 properties listed for sale, and 77 properties listed for rent in Brisbane city on OnTheHouse. According to CoreLogic's data, 861 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.