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Sold on 15 Nov 2023 for $495,000

3108/222 Margaret Street
Brisbane City QLD 4000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 64m2
Land area: 67m2
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Property Details for 3108/222 Margaret St, Brisbane City

3108/222 Margaret St, Brisbane City is a 2 bedroom, 1 bathroom Unit. The property has a land size of 67m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Unit sold in Brisbane City in the last 12 months.

Building Type
Unit
Floor Size
64m2
Land Size
67m2
Local Government
Brisbane
Lot/Plan
3108/SP274600

Last Listing description (November 2023)

Relax in the clouds - luxurious comfort with superb amenities - 31 stories above the bustling CBD

A fully furnished apartment located on level 31, offering two extra large bedrooms with a timber flooring throughout with a very strong weekly rental return.

Located in the heart of the city with the region's best dining and retail precincts just walking distance, this spacious apartment offers ultimate city lifestyle with loads of convenience.

This apartment has all what you need for comfortable and luxury living in one of the city's most affluent apartment buildings.

Features of the apartment include:

- The best floorplan in Uptown 2 bed with 1 bath
- Timber flooring throughout the living and bedroom areas
- Furniture comes with the property
- Oversize 2 bedrooms set well apart with built-in robes
- Full size kitchen with island and SMEG appliances
- Recessed downlighting throughout
- Fully airconditioned
- Currently rented at $670 per week (expiring Jan24)
- Body Corp $1,700 per quarter
- Council rate $450 per quarter
- Water rate $200+ usage per quarter
- 3 min walk to Brisbane City Botanic Gardens
- 8 min walk to Queen Street Mall
- 14 min walk to QUT
- 16 min walk to Citycat
- 18 min walk to SouthBank Parklands

What an opportunity this represents for either an investor or owner-occupier.

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Property History for 3108/222 Margaret St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$495,000
15 Nov 2023
Listed for Rent
$670/w
15 Nov 2022
  • 14 Nov 2023
    Sold for $495,000
  • 05 Oct 2023
    Listed for Sale $495,000 plus
  • 17 Oct 2019
    Listed for Rent $465 / 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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