OFF MARKET

5701/501B Adelaide Street
Brisbane City QLD 4000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 88m2
Land area: 104m2
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Property Details for 5701/501b Adelaide St, Brisbane City

5701/501b 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 88m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
Unit
Year Built
2011
Floor Size
88m2
Land Size
104m2
Local Government
Brisbane
Lot/Plan
5701/SP222627

Last Listing description (April 2024)

*Photos were taken before current tenant moved in.

Elevated on the 57th level, this highly sought-after '01' floor plan for a 2 bedroom apartment is a true gem that rarely becomes available on the market. Prepare to be captivated by the stunning vistas of the renowned Story Bridge, Brisbane River, City skyline, and beyond. Don't hesitate, secure this exceptional opportunity in the contemporary Soleil complex before it's gone! Designed with the discerning homeowner in mind, this residence boasts a spacious layout and floor-to-ceiling glass windows throughout, ensuring that every corner showcases the panoramic beauty. This is an unmissable chance!

Nestled within the esteemed Admiralty Precinct of the CBD, this prime location offers a fantastic lifestyle that perfectly complements this remarkable inner-city abode or serves as an excellent investment for astute investors.

Property Features:
-Two spacious bedrooms capturing the views (master with double wardrobes)
-Two bathrooms (master with bathtub, main bathroom with dual access to second bedroom)
-One secure car space C.5701 on B7
-One secure storage cage S.5701 next to car space
-Breath-taking views of the Story Bridge, Brisbane River, City, New Farm Park, Northshore Hamilton and out to the Bayside as far as the eye can see!
-Spacious open plan living and dining area
-Stylish kitchen with stone benches and stainless steel appliances
-Separate internal laundry & Ample internal storage throughout
-Air conditioning and high ceilings throughout
-Sold furnished
-Approx. 88sqm of living on the 57th floor, 104sqm in total including car park and storage cage
-Currently rented at $670 per week furnished until 8th October 2023 (lease signed last year, not reflecting the current market)
-Rental potential of approx. $950 per week furnished for a long-term tenant

The Soleil complex provides an array of outstanding amenities, including a 25-meter lap pool, invigorating spa, rejuvenating sauna, fully equipped gymnasium, entertainment-filled games room, and beautifully landscaped gardens with waterfront access. A leisurely stroll along the river boardwalk will lead you to the vibrant Eagle St Pier dining precinct, granting you easy access to everything the lively CBD has to offer. Conveniently situated near business and professional services, China Town, Fortitude Valley, esteemed educational institutions, top-notch hospitals, major roadways, and public transportation hubs, this location truly has it all. What more could you desire?

Don't miss out on this incredible opportunity to own a piece of paradise with unmatched views and a wealth of amenities. Act swiftly and secure your dream lifestyle today!

Located in the Admiralty Precinct, just minutes to restaurants, cafes, shopping, schools and everything Brisbane CBD has to offer.

Located directly beside the Howard Smith Wharves revitalisation project, which will provide a boutique five-star hotel would be surrounded by a dining, retail and tourism precinct with a 1500sqm exhibition space which could be used for markets or concerts. http://www.howardsmithwharves.com/

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 5701/501b Adelaide St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$755,000
08 Jun 2023
Listed for Rent
$730/w
25 May 2015
  • 08 Jun 2023
    Sold for $755,000
  • 22 May 2023
    Listed for Sale Offers Over $779,000
  • 25 Jun 2015
    Listed for Sale $719,000
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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 12,278 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 105 properties listed for sale, and 77 properties listed for rent in Brisbane city on OnTheHouse. According to CoreLogic's data, 861 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.