OFF MARKET

503/108 Albert Street
Brisbane City QLD 4000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 72m2
Land area: 84m2
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Property Details for 503/108 Albert St, Brisbane City

503/108 Albert St, Brisbane City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 84m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
Unit
Year Built
2006
Floor Size
72m2
Land Size
84m2
Local Government
Brisbane
Lot/Plan
503/SP154492

Last Listing description (December 2021)

Positioned on level 5 in the popular Festival Towers, this sunny and bright 2 bedroom apartment represents extreme value! Featuring separated bedrooms, and a rare balcony which is double in size compared to the other apartments of the same floor plan! Perfectly suited to both the owner occupier and investors - This part of the CBD is the place to live & invest.

Only a short stroll to the new 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. Located directly next 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.

The owner is committed to the sale, all formal offers will be considered!

Property Features:
- Two generous bedrooms - Master bedroom with walk in robe
- Two modern bathrooms
- One secure car space (C.259 on Level 3)
- Storage cage (S.51 on Level 1)
- Open plan living with city views, filled with natural lights and breeze
- Modern kitchen with gas cooktop & stainless steel appliances
- Ducted air conditioning throughout
- Sold furnished
- Total area - Approx. 84 sqm, (Internal approx. 72 sqm and external approx. 12 sqm)
- Rental Potential $550 per week 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.

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

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 503/108 Albert St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$465,000
22 Oct 2021
  • 22 Oct 2021
    Sold for $465,000
  • 07 Oct 2021
    Listed for Sale Offers Over $465,000!
  • 05 Nov 2007
    Sold for $407,000
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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 12,275 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 114 properties listed for sale, and 78 properties listed for rent in Brisbane city on OnTheHouse. According to CoreLogic's data, 870 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.