SOLD
Sold on 29 Apr 2024 for $750,000

5504/501B Adelaide Street
Brisbane City QLD 4000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 86m2
Land area: 104m2
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Property Details for 5504/501b Adelaide St, Brisbane City

5504/501b Adelaide St, Brisbane City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2011. The property has a land size of 104m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Brisbane City in the last 12 months.

Building Type
Unit
Year Built
2011
Floor Size
86m2
Land Size
104m2
Local Government
Brisbane
Lot/Plan
5504/SP222627

Last Listing description (May 2024)

The apartment is centrally located at Meriton Soleil building, high up on level 55, north east facing, offers a truly breathtaking views, as far as the eye can see with stunning Brisbane river, the iconic Story Bridge, Howard Smith Wharves, and the expansive Moreton Bay. It's a truly exceptional living experience.

APARTMENT FEATURES

- Unbeatable panoramic views, never going to be built out

- North east facing
- Floor-to-ceiling glass surrounds the open plan living and dinning area
- 2 generous bedrooms with built-in robes
- Master bedroom with an ensuite bathroom and bathtub
- A modern, open plan layout with free-flowing living areas
- Kitchen with stone bench tops and European appliances
- Separate laundry
- Reverse cycle split air-conditioning system in both bedrooms and the living room
- Security intercom system and secure building access
- One designated parking space
- Very unique the unit also comes with a STORAGE ROOM about 5m2 in size
- *Tenant lease ends on 17 June 2024, perfect for buyers moving in
- Rental appraisal at $940-$950/week also ideal for investors

BUILDING FEATURES

- First-class aquatic centre including heated pool, spa and sauna
- Fully-equipped fitness/gym exclusive to residents
- Dedicated onsite building manager and 24h security

LOCATION & LIFESTYLE

- Right in the heart of Brisbane's CBD + shopping
- Convenient to both Central and Brunswick Street Stations
- Walk to the Riverside City Cat Wharf
- Handy to Freeways leading to the Gold Coast and Sunshine Coast
- Central to Schools, Universities and Hospitals

Property History for 5504/501b Adelaide St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$750,000
29 Apr 2024
Listed for Rent
12 Jun 2023
  • 29 Apr 2024
    Sold for $750,000
  • 22 Apr 2024
    Listed for Sale Contact agent
  • 05 Jun 2023
    Listed for Rent $850 / week
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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 12,417 properties. Over the last 5 years, Houses in Brisbane City have seen a -17.85% decrease in median value, while Units have seen a 38.06% increase. As at 31 July 2024:

  • The median value for Houses in Brisbane City is $535,402 while the median value for Units is $704,551.
  • Houses have a median rent of $775 while Units have a median rent of $720.
There are currently 108 properties listed for sale, and 108 properties listed for rent in Brisbane city on OnTheHouse. According to CoreLogic's data, 886 properties were sold in the past 12 months in Brisbane city.

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Australian Property Alliance Management
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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.