OFF MARKET

397/420 Queen Street
Brisbane City QLD 4000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 69m2
Land area: 80m2
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Property Details for 397/420 Queen St, Brisbane City

397/420 Queen St, Brisbane City is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 80m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
Unit
Year Built
2006
Floor Size
69m2
Land Size
80m2
Local Government
Brisbane
Lot/Plan
397/SP188525

Last Listing description (April 2023)

Location, space and income! This bright, sunny, well designed two bedroom apartment perched high on level 39 has it all! Featuring a great sized kitchen, open plan living, sizable balcony with city & mountain views, this property makes an affordable investment with great rental return potential or a convenient inner-city home. This versatile apartment in an immaculate condition represents outstanding value in the popular Aurora Tower and won't last long!

Aurora Tower is a tightly held complex located in the very heart of the Brisbane CBD. As there are many owner-occupiers in the building, this remains one of the most sought after buildings in the City! A very well maintained building with a healthy sinking fund. Aurora Tower is a reputable building with a lot of the body corporate committee members that live in the building, overseeing the maintenance and management of the building to the highest standard possible. Regular new owner meetings and owner social events held in the building to help everyone feel included in the community.

Only 3 minutes walking distance to the newly proposed Waterfront Precinct and 5 minutes walking distance to the exciting Howard Smith Wharves Precinct, and 15 minutes walking distance to the World Class Queen's Wharf Precinct, bringing unprecedented and updated amenities to local residents which will create fantastic capital growth for the building.

Properties like this do not come to the market often - Register your interest today!

Property Features:
-Two spacious separated bedrooms - Master with balcony access
-One modern bathroom
-One secure car park (245A) on Level 3
-One large storage space (SB18) adjacent to the car space
-Open plan living featuring floor to ceiling windows
-Stylish kitchen with island bench and modern appliances
-Great entertainer's balcony with views of Brisbane City and Mountain views
-Ample storage throughout the apartment
-Separate concealed laundry
-Fully ducted air conditioning
-Approx. 80sqm of living (69sqm int; 11sqm ext) on the 39th floor
-Rental potential of $700 per week unfurnished and $750 per week fully furnished to long-term tenants

Building Facilities:
- Outdoor Lap pool
- Gymnasium
- Spa and Sauna
- Large BBQ area
- Theatre room

Ground floor retail includes 7-11, coffee shop and BWS. Right in the heart of the city, you can walk to the endless dining, entertainment and retail options the vibrant CBD has to offer. Universities and some of Brisbane's best schools are also nearby. Very close to all forms of public transport and with easy access to main roads, the location is superb.

Only approx. 5 min walking distance from the Howard Smith Wharves, Brisbane's newest entertainment and lifestyle destination. Providing dining options, bars, green spaces and picnic areas, two unique indoor event spaces and a brand-new boutique hotel by Art-Series 'The Fantauzzo'.

For information regarding the Brisbane Inner City property market please go to https://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.

DISCLAIMER: Whilst every effort has been made to ensure the accuracy of information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries and searches with all relevant authorities.

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Property History for 397/420 Queen St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$540,000
13 Mar 2023
  • 13 Mar 2023
    Sold for $540,000
  • 03 Feb 2023
    Listed for Sale Offers Over $535,000
  • 12 Jun 2008
    Sold for $437,500
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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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