2206/55 Railway TerraceMilton QLD 4064
Property Details for 2206/55 Railway Tce, Milton
2206/55 Railway Tce, Milton is a 1 bedroom, 1 bathroom House and was built in 2015. The property has a land size of 59m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
Last Listing description (April 2022)
This is an excellent investment to add to your growing property investment portfolio. Boasting incredible Brisbane River views from the balcony and bedroom, this trendy one-bedroom apartment is part of a luxury 31-storey high-rise building - The Milton Residences, which comprises 301 apartments and provides top on-site facilities for residents. This sleek and stylish apartment offers a solid return on investment that will yield consistent levels being part of the on-site letting pool and run under management.
On-site facilities include:
Level 6 Residents' Lounge and Kitchen
Roof Top Sky Terrace, the highest observation deck in Brisbane's Inner West
Secure onsite parking, intercom entry and lift access to all levels
Ground level retail
Built in 2015, the apartment has been maintained to the highest standard and presents like new. The modern, open-plan design incorporates high ceilings, ducted air conditioning and full height glazing to take in the exceptional river views. The layout comprises:
Stone-topped benches over quality joinery in the open-plan kitchen featuring quality premium appliances including ceramic cooktop, oven and dishwasher.
Generously sized lounge and dining for relaxed living and easy entertaining.
Tiled and covered outdoor balcony with glass balustrades to soak up the views.
Purpose built study space ideal for home office / computer work.
Soft and comfortable master bedroom with generous sliding robes for storage and full height sliding doors connecting balcony.
Luxury finish to the fitted bathroom with mirror cabinet and large shower recess.
Intelligent storage with integrated laundry to kitchen area.
Rental income $530+/week approx
You won't find better convenience as this attractive building enjoys a prime inner-city position only 1.5km to the CBD. 100m walk to Milton Train station and 600m to City Cat Ferry terminal (UQ and QUT) and frequent bus services at your doorstep.
It has superb connectivity to nearby University campuses and significant employment centres including Suncorp Stadium, Royal Brisbane Hospital and The Barracks. Milton and its surrounding neighbours boast a vibrant cafe, dining and bar scene, with Park Road just a few minutes from the door and there are fantastic recreational facilities including parks, large-scale shopping centres and local boutiques and stores.
An opportunity not to be missed! Book a time to view today!
Our open home has 4 sessions and each sessions is 15 minutes, please wait downstairs for our sales agents to pick you up.
**All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries**
Property History for 2206/55 Railway Tce, Milton, QLD 4064
- 20 Apr 2022Listed for Sale $410,000
- 25 Feb 2022Sold for $410,000
- 26 Sep 2014Sold for $587,500
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About 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 2,819 properties. Over the last 5 years, Houses in Milton have seen a 31.21% increase in median value, while Units have seen a 28.69% increase. As at 31 October 2024:
- The median value for Houses in Milton is $1,518,192 while the median value for Units is $630,120.
- Houses have a median rent of $665 while Units have a median rent of $620.
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