OFF MARKET

3801/108 Albert Street
Brisbane City QLD 4000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 86m2
Land area: 86m2
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Last updated 11 Nov 2024
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Property Details for 3801/108 Albert St, Brisbane City

3801/108 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 86m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
Unit
Year Built
2006
Floor Size
86m2
Land Size
86m2
Local Government
Brisbane
Lot/Plan
3801/SP154492

Last Listing description (September 2021)

Desirable north-facing apartment perched high on the 38th level in the reputable Festival Towers is a MUST inspect! This private and well-maintained apartment with amazing views is well suited to the owner occupier looking for a convenient Inner City home. Investors can also be enticed by the strong returns.

Only 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.crossriverrail.qld.gov.au/info/#new-stations-top

Only 3 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://brisbanedevelopment.com/queens-wharf-precinct

A much loved property, but the current owners must move on. Call today to book your private inspection!

Property Features:
- Bright and airy with amazing views of Brisbane City, South Bank, River Glimpses and Mountains as the backdrop
- Two spacious bedrooms with built-ins
- Two modern bathrooms
- Main bathroom features laundry facilities and a bathtub
- One secure car space (C.71 on level B2)
- Secure storage cage (S.38A on apartment level 38)
- Open plan living area features bi-folding doors which open out to the alfresco balcony
- Private alfresco balcony can be fully enclosed or opened up to create a unique living space
- Good sized kitchen boasts stainless steel appliances, gas cooktop and stone bench tops
- Ducted air conditioning
- 86sqm on the 38th floor
- Rental potential of $550 per week unfurnished and $600 per week fully furnished to long term tenants
- Option to purchase the existing furniture and appliances

The Festival Towers building facilities include a pool, spa, sauna, 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.

The Queen's Wharf Brisbane precinct will be a unique and vibrant new world city development featuring a boutique underground shopping center, first-class casino, new public recreational facilities, pedestrian bridge to South Bank and river boardwalks.

Link - http://www.statedevelopment.qld.gov.au/major-projects/queens-wharf-brisbane.html

VIEW THIS LINK TO SEE HOW BRISBANE'S SKYLINE WILL BE TRANSFORMED BY 2022
http://www.brisbanetimes.com.au/queensland/interactive-brisbanes-skyline-to-be-transformed-in-2022-20160815-gqsixb.html

For information regarding the Brisbane Inner City property market please go to raywhiteiba.com.au/news

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.

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Property History for 3801/108 Albert St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$595,000
10 Aug 2021
  • 10 Aug 2021
    Sold for $595,000
  • 07 Jul 2021
    Listed for Sale Offers Over $599,000
  • 02 Oct 2013
    Sold for $525,000
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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 12,273 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 81 properties listed for rent in Brisbane city on OnTheHouse. According to CoreLogic's data, 867 properties were sold in the past 12 months in Brisbane city.

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