OFF MARKET

502/70 Mary Street
Brisbane City QLD 4000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 58m2
Land area: 74m2
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Property Details for 502/70 Mary St, Brisbane City

502/70 Mary St, Brisbane City is a 1 bedroom, 1 bathroom Unit and was built in 2007. The property has a land size of 74m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Year Built
2007
Floor Size
58m2
Land Size
74m2
Local Government
Brisbane
Lot/Plan
502/SP167370

Last Listing description (December 2021)

You are in luck as we have a rare opportunity available! The biggest floorplan in the building, and it will sell quickly! These are the LARGEST and most rare units per floor as there are only 2 on each level! This 74m2 unicorn will not last long as they are the most sought after in 70 Mary St!

First time property owners and investors love this spacious 1-bedroom, 1-bathroom unit. Gorgeous carpet spreads throughout an open plan dining, living, and kitchen area. Plenty of storage space create a convenient, low-maintenance space for owners and tenants. Floor to ceiling glass sliding doors in Bedroom and living room let in lots of light and provide a beautiful view of Mary Street.

You'll find ducted air-conditioning throughout and a built-in wardrobe in the bedroom. The bathroom boasts a combined bath and shower. A large mirror and heaps of counter and storage space enlarge the room. You will also find a study that can be transformed into a guest bedroom or gaming room, or an opportunity to attract a larger pool of tenants.

The Mantra is popular for its luxurious facilities and fantastic location. On-site is a resort-style outdoor lap pool, fully equipped gym, sauna, and BBQ pavilion.

The location is highly desirable with a plethora of dining and shopping options at the doorstep, and Queen Street Mall and the Riverside precinct within walking distance. Tenants will also have easy access to public transport and the local Botanic Gardens where they can enjoy a nice stroll or sit by the pond with a coffee from any number of local cafes.

This unit's value will continue to increase over the years when the Cross River Rail, Queens Wharf Casino, and Brisbane Live Precinct open their doors.

Read on for the best features of your new investment:
1 x spacious bedroom with a built-in wardrobe and large windows that look out to the surrounding streets.
1 x modern bathroom with combined bath and shower, heaps of counter space, and plenty of storage.
1 x versatile study that can be transformed into a guest bedroom or gaming room.
Open plan living, dining and kitchen, ducted air-conditioning, plenty of storage space, and large windows with surrounding street views.
Luxurious on-site facilities including resort-style outdoor lap pool, fully equipped gym, sauna, and BBQ pavilion.
Convenient location with Queen Street Mall and Riverside Precinct within walking distance, as well as public transport, Botanic Gardens, cafes, restaurants, and shopping options nearby.
Emerging social and entertainment hub with the Cross River Rail, Queens Wharf Casino, and Brisbane Live Precinct opening their doors over the next few years.

Read on for important investment information:
Body Corp: Approx $4,100 per year.
Potential Rental Returns: $360 - $370 per week.
Council Rates: Approx $1,660 per year.

You can't go wrong with a one-bedroom unit in the city. Contact Phil at phil@xperiencerealty.com.au or 0447 089 961 to book an inspection ASAP before another buyer makes their offer.

Disclaimer: Xperience Realty has been furnished with the above information, however, the Office and the Agent provides no guarantees, undertakings or warnings concerning the accuracy, completeness or up-to-date nature of the information provided by the Vendor or other Persons. All interested parties are responsible for their own independent inquiries in order to determine whether or not this information is in fact accurate.

Property History for 502/70 Mary St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$310,000
09 Nov 2021
  • 09 Nov 2021
    Sold for $310,000
  • 04 Nov 2021
    Listed for Sale Offers above $299,000
  • 07 Apr 2011
    Listed for Sale OFFERS FROM $345,000
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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 12,278 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.