SOLD
RECENT ADVICE
Sold on 25 Sep 2024 for $410,000

505/70 Mary Street
Brisbane City QLD 4000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 53m2
Land area: 62m2
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Stephen Pahl
Stephen Pahl Properties
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Property Details for 505/70 Mary St, Brisbane City

505/70 Mary St, Brisbane City is a 1 bedroom, 1 bathroom Unit and was built in 2008. The property has a land size of 62m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 1 bedroom Unit sold in Brisbane City in the last 12 months.

Building Type
Unit
Year Built
2008
Floor Size
53m2
Land Size
62m2
Local Government
Brisbane
Lot/Plan
505/SP167370

Last Listing description (October 2024)

Sold by Stephen Pahl - This fabulous fully furnished One bedroom apartment + Separate Study ticks all the boxes in terms of quality, ideal location, astute building management with reasonable body corporate fees and sound revenue returns for an investor.
Located directly adjacent the new Albert Street underground rail station and facing sunny north, in the prestigious 'M on Mary' this apartment is surrounded by Government offices, adjacent the newly opened Queens Wharf precinct and is within close proximity to the QUT City Gardens campus. This building is a magnet to the young professional owner occupier or an Air BnB investor wanting direct access to all that the Brisbane CBD offers, with full autonomy to own/occupy, or as a letting asset.

This apartment is fully furnished, well appointed with quality appliances and a large spacious bathroom with bath, separate study room and a spacious balcony.

Currently in short term apartment letting, this workhorse is a must inspect for investors or a perfect inner urban lifestyle home for an owner occupier.
30 days notice can be given to exit the current letting pool agreement.

The M On Mary complex facilities include, outdoor lap pool, BBQ area, sauna, well equipped gymnasium and visitor parking. Excellent onsite 24/7 resident managers.

Property Features:
* 1 x Bedroom with built-in robe
* 1 x well appointed bathroom with bath tub & overhead shower
* 1 x separate Study Room cabled for high speed internet access
* Modern Open plan living
* Stylish kitchen with European appliances
* Refrigerator, dishwasher, microwave oven, washing machine & clothes dryer all furniture included
* Cabled for Foxtel and Pay Channels
* Full ducted reverse cycle air-conditioning
* 24hr reception and ample visitor parking
* Facilities include: Outdoor heated pool, fully equipped gymnasium, barbecue area
* 1 block from the Botanic Gardens, 2 blocks from the Queen St Mall & Queens Wharf Casino and riverfront at end of the street, 1 block from QUT
* Strong Capital growth potential and Rental Returns
* Flood free zone
* All lifestyle conveniences adjacent
* Intercom security system
* Internal area - 67 sqm

Call Stephen for a private appointment to inspect this Unit now on 0404 266085

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Property History for 505/70 Mary St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$410,000
25 Sep 2024
Listed for Rent
24 Nov 2015
  • 18 Sep 2024
    Sold for $410,000
  • 13 Sep 2024
    Listed for Sale SOLD BY STEPHEN PAHL
  • 30 Oct 2015
    Listed for Rent - Price not available
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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 101 properties listed for sale, and 75 properties listed for rent in Brisbane city on OnTheHouse. According to CoreLogic's data, 864 properties were sold in the past 12 months in Brisbane city.

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