1105/55 Railway TerraceMilton QLD 4064
Property Details for 1105/55 Railway Tce, Milton
1105/55 Railway Tce, Milton is a 2 bedroom, 2 bathroom House with 1 parking spaces and was built in 2015. The property has a land size of 93m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in January 2023.
Last Listing description (February 2023)
Inner-city living with abundant luxury and a lot of investment opportunity awaits the astute buyer seeking a sound property investment in Queensland's capital city of Brisbane. Located 1.5km to the city centre in the vibrant hub of Milton, the Milton Residences is a superb mixed-use building offering hotel / short-stay accommodation and permanent apartments appealing to a broad mix of residents.
Being situated so close to the river, the city, major Universities and the exciting Southbank precinct, a modern unit in this well-run apartment complex brings strong returns of up to $700 per week.
Unit 1105 is fully furnished making it an ideal candidate for adding to the hotel management letting pool. This includes a rental guarantee for the incoming owner with the ease of on-site management. The layout includes a modern set up with:
Open-plan lounge and dining room with luxury carpets, curtains that seamlessly adjoins the outside balcony with glass balustrades.
Contemporary designed kitchen with decent island bench with waterfall stone worktops and integrated sink. Sleek cabinetry to ceiling for superb storage and quality appliances.
Large master bedroom with bright aspect, ducted air conditioning and ensuite bathroom plus built-in robe.
Beautiful second bedroom with district views
Handy study nook set up with built in desk with drawers and overhead cupboards for storage.
Designed bathroom with large shower recess and mirrored cabinetry
Separate laundry room with washing machine and dryer
The building includes residential recreational facilities such as:
Level 6 Residents' Lounge and Kitchen
Pool, Spa, Sauna, Gym, BBQ Terraces
Roof Top Sky Terrace with observation deck
Secure onsite parking, intercom entry and lift access to all levels
Established ground level retail
The location is 5-star and is literally within easy walk or drive of major amenity, handy transport options including the City Cat ferry, the local train station and bus stops. Also nearby residents can access the local shops, post office, gym, fine dining restaurants, cafes and recreational centres.
Location highlights include:
1.5km to Brisbane CBD - 5 mins
1 minute walk to Milton Railway Station
5 minutes' walk to Caxton Street
6 minutes' to The Barracks Supermarket, Cinema and Retail village
9 minutes' walk to Suncorp Stadium
7 minutes' walk to Milton CityCat Terminal
10 minutes' to Park Road Milton retail and dining precinct
Queensland University of Technology (CBD) and University of Queensland (St Lucia)
A definite inspection is required for any astute investor seeking solid returns and long-term gain. Call me today to find out more details and book a time to inspect or attend the next open home.
Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.
Property History for 1105/55 Railway Tce, Milton, QLD 4064
- 19 Jan 2023Sold for $630,000
- 11 Jan 2023Listed for Sale Under Contract
- 14 Aug 2015Sold for $705,000
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0About Milton 4064
The size of Milton is approximately 1.3 square kilometres. It has 9 parks covering nearly 10.3% of total area. The population of Milton in 2011 was 1,987 people. By 2016 the population was 2,289 showing a population growth of 15.2% in the area during that time. The predominant age group in Milton is 20-29 years. Households in Milton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Milton work in a professional occupation. In 2011, 34.9% of the homes in Milton were owner-occupied compared with 36.3% in 2016.
Milton has 2,843 properties. Over the last 5 years, Houses in Milton have seen a 49.01% increase in median value, while Units have seen a 17.99% increase. As at 31 July 2024:
- The median value for Houses in Milton is $1,633,169 while the median value for Units is $576,765.
- Houses have a median rent of $750 while Units have a median rent of $600.
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