3205/108 Albert StreetBrisbane City QLD 4000
Property Details for 3205/108 Albert St, Brisbane City
3205/108 Albert St, Brisbane City is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Apartment sold in Brisbane City in the last 12 months.
Last Listing description (March 2024)
This 2-bedroom apartment located in the popular Festival Towers, offers a remarkable opportunity for investors seeking a high return & capital growth and owner occupiers looking for the vibrant inner city lifestyle. This apartment is situated in the ever-evolving CBD, a thriving precinct with desirable locations such as Botanical Gardens, Queens Wharf, Cross River Rail, Queen Street Mall and the upcoming Eagle Street Pier redevelopment, only a short stroll away.
Enjoy the functional 87sqm floor plan, complete with an enclosed alfresco dining area, creating the perfect space to relax and unwind. With the utmost convenience of entertainment, work and leisure this is the prime location to invest or live in.
Property features:
- Two bathrooms, including an ensuite for the master bedroom.
- A car space located on C.167 - Level B3.
- A storage compartment located on level S.32D
- Open plan living on the 32nd floor - Total 87sqm
- South Bank, Brisbane River & City views
- Large alfresco balcony
- Modern kitchen featuring a gas cooktop & dishwasher
- Currently rented at $850 per week, furnished, until 5th of October 2024
- Rental potential of approx $920-$950 per week once current lease expires.
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/
For information regarding the Brisbane Inner City property market please go to colinwalsh.com.au.
This fantastic opportunity will not last - register your interest today.
*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.
Property History for 3205/108 Albert St, Brisbane City, QLD 4000
- 25 Feb 2024Sold for $730,000
- 21 Feb 2024Listed for Sale Offers Over $710,000!
- 06 Sep 2023Listed for Rent $850 / 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 12,285 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.
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