OFF MARKET

94/108 Margaret Street
Brisbane City QLD 4000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 22m2
Land area: 22m2
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Property Details for 94/108 Margaret St, Brisbane City

94/108 Margaret St, Brisbane City is a 1 bedroom, 1 bathroom Unit and was built in 1998. The property has a land size of 22m2 and floor size of 22m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
Unit
Year Built
1998
Floor Size
22m2
Land Size
22m2
Local Government
Brisbane
Lot/Plan
94/BUP106845

Last Listing description (May 2023)

Unit1013/108 MARGARET STREET, BRISBANE CITY, QLD, 4000

Unit 1013 = Lot 94

Now is the time to lock-in a long term investment in a blue-chip locale in Brisbane CBD.

Brisbane Campus Apartments is conveniently located close to:

* QUT University (400m)
* Queens Wharf $3.6bil Development (200m)
* Botanical Gardens (400m)
* Albert Street Railway Station (Cross River Rail) (400m)
* QUT Ferry terminal (700m)

Prime location in the heart of Brisbane CBD and excellent potential for the near future as the nearby Queens Wharf development is completed and Brisbane prepares to host the 2032 Olympic Games.

There is a multitude of dining, shopping, recreation and entertainment options available almost right at the door.

This Studio apartment is an outstanding investment with a long-term tenant paying $355 per week and the latest rental appraisal of $430 per week. Excellent onsite management in place.

The complex is a well constructed high quality building, well maintained and well managed, offering excellent common facilities, rest and play sports, with multiple lounge-rooms, study room, communal laundry and communal kitchen with dining room. There is also an outdoor area and an in-ground pool.

Apartment 1013 in Brisbane Campus Apartments features:

* Rare C Plan corner Studio Apartment
* Located on Level 10 with plenty of natural light and elevated views and vistas
* North facing unit with CBD views
* Good-sized Kitchenette with CBD Views
* Built-in Robes
* Study Nook
* Well appointed bathroom with quality finishes
* 24 Hour building security
* Large outdoor pool, BBQ facilities, recreation room, communal kitchen
* Common area Wi-Fi
* Free and secure parking
* Surrounded by restaurants and shops
* On site Manager & security
* Excellent on-site management 7 days per week
* Cafe and convenience store
* Central location and walking distance to everything

Financials:

* Leased for $355 per week (current appraisal at $430 per week)
* Sewage & Water - approx. $1,155.44 pa
* BCC Rates approx. $1,800 pa.
* Strata is approx. $3,407.24 pa, all inclusive (admin, sinking fund, electricity, and insurance)
* Sinking fund balance as of 22 February 2023 is $1,143,921
* ROI is exceptional - yielding approximately 8% + Net

Contact Listing Agent Michael Gambaro for all enquiries on 0450 822 001

Disclaimer
All information (including but not limited to the property area, floor size, price, address and general property description) on the Website is provided as a convenience to you, and has been provided to @realty by third parties. In placing the information on the Website, @realty has received the information passed on from third parties. Information contained on the Website should not be relied upon and you should make your own enquiries and seek legal advice in respect of any property on the Website or the information about the property contained on the Website.

Property History for 94/108 Margaret St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$182,000
18 Apr 2023
  • 18 Apr 2023
    Sold for $182,000
  • 09 Mar 2023
    Listed for Sale Offers over $185,000
  • 16 Dec 2021
    Sold for $135,000
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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.