OFF MARKET

5314/222 Margaret Street
Brisbane City QLD 4000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 96m2
Land area: 105m2
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Last updated 18 Nov 2024
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Property Details for 5314/222 Margaret St, Brisbane City

5314/222 Margaret St, Brisbane City is a 2 bedroom, 2 bathroom House and was built in 2018. The property has a land size of 105m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in May 2015.

Building Type
House
Year Built
2018
Floor Size
96m2
Land Size
105m2
Local Government
Brisbane
Lot/Plan
5314/SP274601

Last Listing description (November 2024)

This property is a must-see for anyone seeking a spacious two-bedroom residence in the vibrant heart of the CBD!

Upon entry, you'll be greeted by a generous, thoughtfully designed layout. This apartment stands out from the limited market offerings, featuring breathtaking views of the Brisbane River, Botanic Gardens, the Kangaroo Point Green Bridge, and more, all while maintaining complete privacy and seclusion.

Located on the 53rd floor in 'Sky City' within the prestigious 'Skytower' development, this property offers unmatched convenience near the exciting Queen's Wharf Precinct, the new Albert Street Station, and all the city's attractions. The owners are committed to selling, making this a fantastic opportunity you won't want to miss!

Body corporate fees: Approx $7,431 pa
Rates & water: Approx $2,800 pa

Property Features:
- Two spacious bedrooms with built-in wardrobes
- Two lavish bathrooms with floor to ceiling tiles
- Modern kitchen with European appliances with gas cooktop and dishwasher
- Floor to ceiling windows throughout the living area with breath-taking views
- Zoned ducted heating & cooling air conditioning throughout
- Separated concealed internal laundry
- Approx. 105sqm in total on level 53 with a South East aspect
- Currently rented at $850 per week unfurnished. The current lease finishes on 14th Nov 2024.
- Rental potential of $ 1,000 - $1,100 per week furnished
- Access to Pool, Gym and BBQ area on level 40 & 66

Location:

Located at 222 Margaret Street in the heart of the Brisbane CBD, Queensland's largest employment area.

*Brisbane Queen's Wharf
*New Albert Street Station
*CBD workplaces
*Queen Street Shopping Mall
*Eagle Street Pier Redevelopment
*The City Botanic Gardens
*The Treasury Casino
*The Museum of Brisbane
*Cafes, restaurants
*Boutique retailers
*Universities - Queensland University of Technology, James Cook University and CQUniversity Brisbane

LOCATION, LOCATION, LOCATION

Only approx 1 minute walking distance 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. It will be the first new inner-city train station in 120 years with over 67,000 passengers projected every day. Link https://www.colinwalsh.com.au/cross-river-rail/

Only approx 5 minutes walking distance to The 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. Link - https://www.colinwalsh.com.au/new-world-class-entertainment-precinct-for-queens-wharf-brisbane/

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 5314/222 Margaret St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$855,540
27 May 2015
Listed for Rent
$600/w
03 May 2022
  • 04 Nov 2024
    Listed for Rent $880 / week
  • 04 Oct 2024
    Listed for Sale Offers Over $860,000
  • 11 Apr 2022
    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 12,266 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 115 properties listed for sale, and 81 properties listed for rent in Brisbane city on OnTheHouse. According to CoreLogic's data, 844 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.