SOLD
RECENT ADVICE
Sold on 16 Feb 2024 for $750,000

4005/108 Albert Street
Brisbane City QLD 4000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 4005/108 Albert St, Brisbane City

4005/108 Albert St, Brisbane City is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Apartment sold in Brisbane City in the last 12 months.

Building Type
Apartment
Local Government
Brisbane
Lot/Plan
4005/SP154492

Last Listing description (February 2024)

We are proud to present the most desirable and anticipated floor plan in Festival Towers. This sought-after floor plan is now available for sale, making a great opportunity to secure a fantastic apartment perched high on level 40 and featuring views of the Brisbane River, Southbank Parklands, and Queen's Wharf Precinct in the highly desirable Festival Towers.

Whether you are looking for an excellent investment with high returns or a comfortable CBD home, this apartment ticks all the boxes. Additionally, Festival Towers is conveniently located in the heart of Brisbane CBD and is in close proximity to the exciting Queen's Wharf Precinct and the New Albert Street Station. Its prime location adds exceptional value to this already outstanding property.

Don't miss out on this chance to own a remarkable apartment in Festival Towers. A much-loved investment property, but the sellers must move on. Contact us today for more information or to arrange a viewing - This one won't last long!

Property Features:
- Two sizeable, separated bedrooms with mirrored built-in wardrobes
- Two modern bathrooms
- One secure car space conveniently located near the lifts (C.114 on Level B2)
- Secure storage cage (S.40D on apartment Level 40)
- Open plan living area features bi-fold doors which open out to the alfresco balcony
- Private alfresco balcony can be utilised as a unique living space
- Sizeable kitchen boasting quality appliances throughout
- Separate, concealed laundry
- Ducted air conditioning
- 87sqm on the 40th floor with River, City and Southbank views
- Rental potential of $900 per week fully furnished to long term tenants
- Sold fully furnished

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.

If you require FIRB please advise the agent in writing and visit -https://firb.gov.au/ to ensure that you are in a position to buy.

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.

Property History for 4005/108 Albert St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$750,000
16 Feb 2024
  • 16 Feb 2024
    Sold for $750,000
  • 17 Jan 2024
    Listed for Sale Offers Over $749,000
  • 08 Jun 2022
    Sold for $602,000
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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 12,281 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 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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Kai Liu
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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.