OFF MARKET

4002/79 Albert Street
Brisbane City QLD 4000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 85m2
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Property Details for 4002/79 Albert St, Brisbane City

4002/79 Albert St, Brisbane City is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 85m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
2003
Floor Size
70m2
Land Size
85m2
Local Government
Brisbane
Lot/Plan
4002/SP139730

Last Listing description (October 2024)

Rarely does an opportunity like this present itself to the market. Perfectly positioned with a northeast aspect on the 40th floor of 'River City'. The floorplan layout is second to none allowing plenty of natural light and breeze throughout. This apartment offers two spacious bedrooms and a full kitchen that leads out onto an entertainer's balcony capturing the great city and river views. Situated in the 'River City' complex - centrally located in the most exciting part of the CBD between Queen St Mall and Botanical Gardens - perfect for the owner occupier seeking the vibrant City lifestyle or a great opportunity for investors looking for high returns and long-term growth.

Property Features:
- Main bedroom with mirrored built-in wardrobe & balcony access

- Spacious second bedroom with mirrored built-in wardrobe
- Modern well-appointed bathroom- Woodern Floors throughout
- One car space C71 - Carpark level 1
- Great-sized entertaining balcony with unparalleled river and city views
- Open-plan living
- Enclosed Laundry
- Modern kitchen with stone benchtops and gas cooking
- European stainless steel appliances/dishwasher
- Total living of 85sqm approximately (internal area 70sqm and external balcony 15sqm) on level 40
- Rental potential of $750-$780 per week unfurnished and $790-$820 per week fully furnished to long-term tenant

River City facilities include a pool, spa, sauna, gymnasium, and entertaining deck with BBQ area. The perfect central location is just minutes away from all that the vibrant CBD has to offer.

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.

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.

This is a fantastic opportunity and this property will not last. The seller's instructions are clear that the property must and will be sold. Call now to book your inspection.

Property History for 4002/79 Albert St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$545,000
28 Jul 2023
Listed for Rent
$550/w
07 Dec 2018
  • 28 Jul 2023
    Sold for $545,000
  • 29 Jun 2023
    Listed for Sale SOLD
  • 07 Nov 2018
    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 12,282 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 105 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.