508/111 Quay StreetBrisbane City QLD 4000
Property Details for 508/111 Quay St, Brisbane City
508/111 Quay St, Brisbane City is a 1 bedroom, 1 bathroom Unit and was built in 2015. The property has a land size of 54m2 and floor size of 46m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
Last Listing description (April 2022)
Positioned on the 5th floor in the centrally located 'Quay Street Apartments', this spacious one bedroom apartment is perfectly suited to the owner occupier looking to enter the market, or the astute investor seeking strong capital growth and a steady yield. This property is all about location - Conveniently positioned within walking distance to the heart of the CBD, South Bank, Riverside Walkways, Roma Street Station, Caxton Street, The Barracks and Park Road dining and cafe precinct.
Walking distance to the new proposed Brisbane Live Precinct. A $450 million development, with an 18,000 seat world-class arena as its centrepiece. The Roma Street precinct, just like the LA Live complex, will become Queensland's premier entertainment venue hosting major live concerts and world class sporting events right in the heart of the city, along with restaurants and bars.
Property Features:
- 1 Modern bathroom
- Open plan & light filled living area with air conditioning and ceiling fan
- Located on the 5th level
- Private balcony with Northern aspect
- Currently renting at $320 per week unfurnished until 17th July 2022
- Rental potential $350 - $360 per week unfurnished and $400 -$420 per week as a furnished property after current lease ends
- Secure and small complex of only 78!
*- Microwave, fridge, washing machine and dryer included in the sale
For information regarding the Brisbane Inner City property market please go to raywhiteiba.com.au/news
*Please advise the agent in writing before placing an offer if you require Foreign Investment Review Board approval (FIRB). Please visit - https://firb.gov.au/ for further details.
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 508/111 Quay St, Brisbane City, QLD 4000
- 26 Feb 2022Sold for $260,000
- 16 Feb 2022Listed for Sale Offers Over $250,000!
- 17 Jul 2013Sold for $345,000
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0About 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 12,273 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.
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