OFF MARKET

3802/108 Albert Street
Brisbane City QLD 4000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 85m2
Land area: 89m2
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Last updated 28 Oct 2024
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Property Details for 3802/108 Albert St, Brisbane City

3802/108 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 89m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
Unit
Year Built
2006
Floor Size
85m2
Land Size
89m2
Local Government
Brisbane
Lot/Plan
3802/SP154492

Last Listing description (April 2022)

A premium high floor opportunity for a highly sought-after floor plan in Festival Towers awaits its new owner. Being sold fully furnished this spacious 2 bed, 2 bath, 1 car apartment has been upgraded, features a light filled floor plan and amazing City views.

The multi-purpose 'Alfresco Dining' area features floor-to-ceiling glass windows and seamlessly connects the living and dining areas.

Well proportioned with ease of living in mind, this modern apartment features sleek interiors, spacious open plan living space is perfect for inner-city living. The modern kitchen features quality appliances, with a gas cooktop, stunning stone benchtops, and cupboard storage space.

The apartment's two bedrooms are spacious, light-filled, with built-in robes. The master suite comes with its own bathroom en suite. The smart layout ensures good separation between the bedrooms. Both bathrooms are modern, with feature tiling, contemporary vanities, and extra-large shower recesses for the owner to enjoy.

Property features:
- One secure car space (C. 199)
- One storage cage (S38b on apartment level 38)
- Study nook
- Open plan living area features bi-folding doors that open out to the alfresco balcony
- Additional outdoor balcony (5sqm)
- Ducted air conditioning throughout
- Total area 90 sqm (Internal: 85 sqm, External 5 sqm) on the 38th floor
- Secure intercom access
- Rental potential of $540 to $560 per week unfurnished and $600 to $620 per week fully furnished to long term tenants

The Festival Towers building facilities include a lappool, spa, sauna, gymnasium and BBQ area. Positioned in the heart of the city, 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 only 500m away 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. The new cross-river station is at your doorstep, the botanical gardens are only a minute's walk away Festival Towers couldn't be in a better location.
Ready to move straight in just bring your personal belongings, or rent out getting a great return or this would make the ideal Brisbane bolt hole for someone who comes into the City a couple of days a week and is sick of hotel rooms.

This is an outstanding opportunity.

Property History for 3802/108 Albert St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$632,000
04 Mar 2022
Listed for Rent
$550/w
21 Feb 2022
  • 04 Mar 2022
    Sold for $632,000
  • 22 Feb 2022
    Listed for Sale UNDER CONTRACT
  • 10 Jan 2022
    Listed for Rent $550 / 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 104 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.