OFF MARKET

2502/55 Railway Terrace
Milton QLD 4064

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 56m2
Land area: 65m2
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Property Details for 2502/55 Railway Tce, Milton

2502/55 Railway Tce, Milton is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 65m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in January 2020.

Building Type
Unit
Year Built
2015
Floor Size
56m2
Land Size
65m2
Local Government
Brisbane
Lot/Plan
2502/SP234022

Last Listing description (May 2023)

MILTON
MASSIVE PRICE DROP
One bedroom with extra study room

For the professional investor and owner

For investment, you get a great location with an indicated NETT YIELD of over 5.6 percent.
The apartment is currently under continual agreement through Minor Hotels for short and long term occupancy at an agreed guaranteed Gross of $2275 per month (nett $1986 p.m)
The agreed rent is reviewed each November.
The furniture package is excluded from the price but can be purchased separately at an agreed price.

For the owner occupier
You may purchase and occupy by giving Minor Hotel a 30 days cancellation
of the rental pool.
The furniture package is excluded from the price but can be purchased separately at an agreed price

The Milton Brisbane blends luxury apartment accommodation with
resort style amenities, outstanding business facilities and superior
service. Rising over 30 levels and providing panoramic mountain views.

Owning an apartment in The Milton is similar to living in a cosmopolitan urban oasis and in one of
Brisbanes most progressive suburbs close to the City CBD.

From your balcony and on level 25 you experience the stunning views over the mountains and more.

The one and a half bedroom apartment is like new and features the much sought after 'extra' room.
Use the extra space (features doors to the room for privacy) for bunks/bed/study /office/ nursery and more...

The apartment comes with one secure car space under the building.

The apartment is ideally located for the Corporate traveller or couple and a short walk to the famous Park Road and Railway Terrace cafes and restaurants.
Apartment highlights;
*kitchen including prestige stainless steel appliances & granite bench tops.
*Balcony with mountain views.
*Your own secure car space.
*Reverse cycle air conditioning.
Exclusive facilities include
*Pool, spa and sauna, steam room, gym and barbeques.
*Direct access to the Milton train station and two stops to the CBD.
*Walk to bus and City Cat.
*Residents lounge and business facilities.
* Visitor parking

Proximity Information
Milton Train Station 50m
Suncorp Stadium 500m
Wesley Hospital 2km
Brisbane CBD 3km
Southbank Parklands 3km
Brisbane International & Domestic Airport 20km

Property History for 2502/55 Railway Tce, Milton, QLD 4064

A timeline of how this property has performed in the market
Last Sold
$435,000
14 Jan 2020
  • 14 Jan 2020
    Sold for $435,000
  • 15 Aug 2017
    Listed for Sale Not Disclosed
  • 24 Jul 2012
    Sold for $488,000

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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 2,797 properties. Over the last 5 years, Houses in Milton have seen a 32.67% increase in median value, while Units have seen a 29.05% increase. As at 30 September 2024:

  • The median value for Houses in Milton is $1,505,035 while the median value for Units is $628,826.
  • Houses have a median rent of $680 while Units have a median rent of $620.
There are currently 30 properties listed for sale, and 34 properties listed for rent in Milton on OnTheHouse. According to CoreLogic's data, 154 properties were sold in the past 12 months in Milton.

Suburb Insights for Milton 4064

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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.