OFF MARKET

602-603/570 Queen Street
Brisbane City QLD 4000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 77m2
Land area: 93m2
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Property Details for 602-603/570 Queen St, Brisbane City

602-603/570 Queen St, Brisbane City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 93m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Year Built
1999
Floor Size
77m2
Land Size
93m2
Local Government
Brisbane
Lot/Plan
8/BUP106993

Last Listing description (January 2022)

This dual key apartment is an ideal investment opportunity not to be missed with massive rental potential within Mantra on Queen. Conveniently located on the edge of the CBD you are buying 2 units for the price of 1. You get a full 1 bedroom apartment and then a 1 bedroom studio/Hotel room on the 6th floor with 91m2 of living area.

Features include:
- Dual key apartment

- 2 bedroom, 2 bathroom, 1 car space
- Lease both 1 bedroom + studio apartment approximately $670 to $700 per week!
- 1 bedroom featuring functional kitchen & balcony
- Spacious self-contained Studio a bonus!
- Live in 1 apartment & lease out the other to help pay the mortgage
- Live in the apartment as a 2 bedroom, 2 bathroom!
- Fully Air-conditioned
- amenities include pool, spa, sauna and gym
- Security, on-site managers
- Public transport close by - bus, train & ferry
- River views

Close proximity to everything the Brisbane CBD has to offer plus walking distance to Fortitude Valley nightlife, Riverside walkways and popular Howard Smith Wharves precinct.

With great rental returns, a quality complex and a unit that must be sold you do not want to miss out on this huge opportunity. Perfect for the savvy investor or first home buyer!

This property won't last long - to pre-register for inspection please contact Henry Guerin on 0403 936 472 or email henry.guerin@raywhite.com

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Property History for 602-603/570 Queen St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$392,000
26 Nov 2021
  • 26 Nov 2021
    Sold for $392,000
  • 03 Nov 2021
    Listed for Sale Auction In-Rooms
  • 15 Mar 2010
    Sold for $403,000
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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 12,281 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 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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