OFF MARKET

88/540 Queen Street
Brisbane City QLD 4000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 59m2
Land area: 93m2
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Property Details for 88/540 Queen St, Brisbane City

88/540 Queen St, Brisbane City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 93m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
2003
Floor Size
59m2
Land Size
93m2
Local Government
Brisbane
Lot/Plan
88/SP140650

Last Listing description (April 2024)

*Photos are indicative of actual apartment.

Positioned on the 21st floor in Willahra Tower, this 1 bedroom apartment boasts a separate multipurpose room that could be used as a second bedroom or study room, and is ideally located in the centre of the CBD. Overlooking the heritage listed Saint John's Cathedral with great city views, this property is sure to impress!

Whether you seek a premium Inner City residence in an unbeatable location or a robust investment opportunity with promising capital growth, this property ticks all the boxes.

A much loved property, but the owner needs to move on - contact me today to arrange your inspection!

Property Features:
- Spacious master bedroom with private balcony
- Multipurpose room that could be used as a second bedroom or study
- 1 Modern bathroom
- Car Park 9 on B3
- Tiled throughout
- Spacious open plan living
- Modern kitchen with stainless steel appliances, quality granite bench tops and a gas cooktop
- Good sized balcony with unparalleled views of the City and Saint John's Cathedral
- Fully-ducted reverse cycle air-conditioning
- Total area 75sqm (59sqm internal; 16sqm balcony) on Level 21
- Sold furnished
- Currently renting at $490 per week furnished until 3rd September 2023
- Rental potential of approx. $650 per week furnished to a long term tenant after lease ends

Building Facilities:
- Heated indoor pool
- Gym
- Sauna
- Spa

Ideally located in close proximity to the popular Howard Smith Wharf entertainment precinct featuring fine dining options, the popular Felons Brewery, bars and cafes along the Brisbane riverfront. It's a short stroll to the Queen Street Mall shopping district and the riverside dining precinct of Eagle St Pier and the entertainment hub of Fortitude Valley including Chinatown minutes away.

For further information regarding the Brisbane Inner City property market please go to 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.

Property History for 88/540 Queen St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$472,500
09 Aug 2023
Listed for Rent
$500/w
04 Jan 2016
  • 09 Aug 2023
    Sold for $472,500
  • 14 Jul 2023
    Listed for Sale Offers Over $469,000
  • 04 Jan 2016
    Listed for Rent $500 / week
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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 12,260 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 74 properties listed for rent in Brisbane city on OnTheHouse. According to CoreLogic's data, 860 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.