SOLD
Sold on 07 Jun 2024 for $392,000

702/347 Ann Street
Brisbane City QLD 4000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 50m2
Land area: 62m2
Sold By
Place Kangaroo Point
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Property Details for 702/347 Ann St, Brisbane City

702/347 Ann St, Brisbane City is a 1 bedroom, 1 bathroom House and was built in 2004. The property has a land size of 62m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 1 bedroom House sold in Brisbane City in the last 12 months.

Building Type
House
Year Built
2004
Floor Size
50m2
Land Size
62m2
Local Government
Brisbane
Lot/Plan
702/SP141282

Last Listing description (July 2024)

Discover a rare opportunity to own a stylish and spacious 1-bedroom apartment in the heart of Brisbane City. Situated on the 7th floor, this contemporary residence offers a harmonious blend of heritage charm and modern living, with a functional floor plan designed to maximize comfort and convenience.

Key Features:
Stunning Views: Enjoy picturesque views of leafy Cathedral Square, heritage-listed chapels, and sleek city towers from your expansive balcony.

Generous Living Space: The large living area flows seamlessly onto the sun-drenched balcony, perfect for relaxation and entertaining.
Modern Amenities: The Oaks Lexicon provides residents with an array of hotel-like amenities, including a covered swimming pool, BBQ and entertainment terrace, fully equipped gym, and a luxurious lobby with front desk concierge service.
Prime Location: Centrally located, just a 5-minute walk to Central Station and with bus stops at your doorstep. Cathedral Square, a beautiful park with well-maintained gardens and a weekly farmers market, is directly below. Woolworths Spring Hill is also only a 5-minute walk away.

Investment Potential:
This furnished property is an excellent investment opportunity, offering lucrative rentability in the short-term rental market or a steady income with a long-term tenant. Estimated rental return is $630 per week for a furnished unit.

Contact:
Don't miss out on this exceptional property. Contact Andrew directly at 0432 608 239 for a private inspection and take the first step towards owning this prime piece of Brisbane real estate.

Disclaimer:
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Property History for 702/347 Ann St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$392,000
07 Jun 2024
  • 07 Jun 2024
    Sold for $392,000
  • 31 May 2024
    Listed for Sale Not Disclosed
  • 10 Nov 2018
    Sold for $290,000
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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 12,266 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.