40/53 Edward StreetBrisbane City QLD 4000
Property Details for 40/53 Edward St, Brisbane City
40/53 Edward St, Brisbane City is a 2 bedroom, 1 bathroom Unit and was built in 1940. The property has a land size of 71m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 2 bedroom Unit sold in Brisbane City in the last 12 months.
Last Listing description (December 2024)
Location! Location! This apartment is a beautiful two bedrooms apartment located on Edward Street in one of the CBDs most desirable location. It comes fully furnished and just a few minutes walk from Queens Street mall, QUT, transportation hubs and botanic gardens. Situated in a unique building with almost zero vacancy and secure access, it is the perfect place to invest or to settle for a vibrant inner-city lifestyle. Come and see this amazing piece of investment before its gone!
Property Features:
* Fourth floor
* Air conditioning
* Internal Laundry
* Built in wardrobes
* Internal size - 71m2
Building Common Area:
- Secure access onsite manager office
- Boutique complex (53 apartments)
- Coin operated laundry & dryer area
- City Free Loop bus stop right at the front door
- Security intercom system with proxy swipe access to building
Rates and return:
Currently rented with an annual return of $31,200 ($600 per week)
Lease ending end of January 2025
Rental appraisal for next renewal between $650-$680 per week (up to $35,360 annual return)
Body Corp Levy: Approx. $11478.28 per year
Council - Approx. $2000 per year
Water - Approx. $1100 per year
Please contact me at 0477 188 713 for an inspection to secure this rare opportunity before it is gone!
Disclaimer:
All information contained herein is gathered from sources we consider to be reliable however we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries
Property History for 40/53 Edward St, Brisbane City, QLD 4000
- 20 Dec 2024Sold
- 11 Oct 2024Listed for Sale Contact Agent
- 29 Jun 2024Listed for Rent $600 / week
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0About 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 12,437 properties. Over the last 5 years, Houses in Brisbane City have seen a 1.20% increase in median value, while Units have seen a 39.47% increase. As at 30 November 2024:
- The median value for Houses in Brisbane City is $629,007 while the median value for Units is $709,314.
- Houses have a median rent of $720 while Units have a median rent of $740.
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