703/108 Albert StreetBrisbane City QLD 4000
Property Details for 703/108 Albert St, Brisbane City
703/108 Albert St, Brisbane City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 76m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
Last Listing description (November 2021)
This corner style refurbished & partly furnished, modern & chic two bedroom apartment represents brilliant value for money in the heart of Brisbane CBD! Situated on the 7th level with plenty of natural light in Festival Towers. Featuring brand new carpet, this well maintained two bedroom apartment is priced to sell and is perfect for first home buyers or investors looking for a low maintenance CBD property with strong returns and capital growth.
Only 1-minute walking distance to the new Albert Street Station, which will provide rail services to the southern end of the CBD for the first time, opening up opportunities for employment, business, education, and entertainment. It will be the first new inner-city train station in 120 years with over 67,000 passengers projected every day. Link - https://www.crossriverrail.qld.gov.au/info/#new-stations-top
Only 3 minutes walking distance to The Queen's Wharf Brisbane precinct, which 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.
A much loved property, but the current owners must move on. Call today to book your private inspection!
Property features:
- Two generous bedrooms
- Master bedroom with walk in robe
- Second bedroom with built-ins
- Two modern bathrooms
- One secure car space (C.60 on Level B1)
- Storage cage (S.7A on Level 7)
- Open plan living with city views, filled with natural lights and breeze
- Modern kitchen with gas cooktop & brand new dishwasher and rangehood
- Air conditioned throughout
- Partly furnished
- Total area - 76 sqm, Internal 72 sqm and External 4 sqm
- Rental Potential of $500 per week unfurnished and $550 per week fully furnished
The Festival Towers building facilities include a pool, spa, sauna, gymnasium and BBQ area. In the perfect city heart location, all that the vibrant CBD has to offer is at your fingertips with Queen Street Mall just 200m away.
The Queen's Wharf Brisbane precinct will be a unique and vibrant new world city development featuring a boutique underground shopping center, 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
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.
Property History for 703/108 Albert St, Brisbane City, QLD 4000
- 04 Oct 2021Sold for $475,000
- 03 Sep 2021Listed for Sale Offers Over $475,000
- 18 Jul 2016Sold for $462,000
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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.
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