OFF MARKET

603/550 Queen Street
Brisbane City QLD 4000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 73m2
Land area: 83m2
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Property Details for 603/550 Queen St, Brisbane City

603/550 Queen St, Brisbane City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 83m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
Unit
Year Built
2017
Floor Size
73m2
Land Size
83m2
Local Government
Brisbane
Lot/Plan
603/SP276954

Last Listing description (March 2022)

Featuring arguably the best floor plan in the luxurious Spire Residences, apartment 603 features a rare spacious 29sqm outdoor balcony and terrace, perfect for entertaining and relaxing with the vibrant views of Brisbane City, Glimpses of the Brisbane River and the iconic Story Bridge.

This contemporary and well-designed property is in great condition and includes quality finishes and fixtures throughout, which is ideal for both the owner-occupier looking for a spacious Inner City home or the astute investor looking for a steady income and capital growth potential.

Situated in the prestigious Spire Residences and a short stroll to the exciting Howard Smith Wharves as well as in close proximity to the World Class Queen's Wharf Precinct, bringing unprecedented and updated amenities to local residents which will create fantastic capital growth for the building. Within walking distance to the proposed Waterfront Precinct, which is a unique opportunity to transform Brisbane Eagle Street and surrounds into a leading premium business and lifestyle destination. http://waterfrontprecinct.com.au/

A much-loved investment, but the interstate seller is eager to move on!

Properties of this calibre are rarely offered to the market! Call, text, email 24/7 to arrange an inspection!

Property Features:
- Two spacious bedrooms - master with its own balcony
- Two modern bathrooms - master with ensuite
- One secure car space 095 on basement level 1 next to lift access
- One rare generous balcony and terrace surrounded by lush tropical foliage and bamboo
- Open plan living and dining area
- Stunning views of Brisbane City, Glimpses of the Brisbane River and the iconic Story Bridge
- Total area approx. 102sqm (Internal 73sqm; external balcony 10sqm & courtyard 19sqm) on level 6
- Ducted air conditioning throughout
- Secure intercom access
- Grand lobby with sweeping staircases, surrounded by lush tropical foliage
- Stunning rooftop facilities
- Very affordable body corp fees, approx. $5,300 per year and a healthy sinking fund approx. $1.44m as of 18th of Jan 2022
- Potential rental of $530-$560 p/w unfurnished or $570-$600 p/w fully furnished to long term tenants

Building Facilities:
- Beautiful 20m long rooftop infinity pool
- Private dining room available for residents to host private functions
- Rooftop barbeque area
- Rooftop leisure deck
- Rooftop gymnasium
- Relaxing lounge area and library

The Queen's Wharf Brisbane precinct 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 - http://www.statedevelopment.qld.gov.au/major-projects/queens-wharf-brisbane.html

VIEW THIS LINK TO SEE HOW BRISBANE'S SKYLINE WILL BE TRANSFORMED BY 2022
http://www.brisbanetimes.com.au/queensland/interactive-brisbanes-skyline-to-be-transformed-in-2022-20160815-gqsixb.html

For information regarding the Brisbane Inner City property market please go to https://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.

DISCLAIMER: This property is being sold by auction, therefore due to real estate legislation in QLD and in accordance with REIQ guidelines a price guide isn't available. The website possibly filtered this property into a price range for functionality purposes. Any estimates on this page are not provided by the agent and should not be taken as a price guide.

Call, text or email Kai Liu on 0430 568 851 seven days a week to organise an inspection or more information.

Property History for 603/550 Queen St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$635,000
04 Mar 2022
  • 04 Mar 2022
    Sold for $635,000
  • 31 Jan 2022
    Listed for Sale Auction
  • 06 Aug 2015
    Sold for $609,000

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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 12,273 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.
There are currently 117 properties listed for sale, and 80 properties listed for rent in Brisbane city on OnTheHouse. According to CoreLogic's data, 869 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.