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Sold on 23 Aug 2024 for $566,000

2901/55 Railway Terrace
Milton QLD 4064

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 62m2
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Property Details for 2901/55 Railway Tce, Milton

2901/55 Railway Tce, Milton is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a land size of 62m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Apartment sold in Milton in the last 12 months.

Building Type
Apartment
Land Size
62m2
Local Government
Brisbane
Lot/Plan
2901/SP234022

Last Listing description (August 2024)

Don't miss out on this wonderful apartment that must be sold. The Milton occupies a prime inner Brisbane location so close to the centre of the city and Suncorp stadium. The property features 62m2 of living space with a large bedroom, study nook for those who work from home as well as an entertainers balcony to maximise the use of space. An open-style modern kitchen and living space with floor to ceiling windows offering sweeping views across Brisbane from the 29th floor. The apartment is being sold fully furnished making this the perfect turn key solution.

Offering incredible value for its location, size and features, this flawless apartment offers a flawless design aesthetic for owner occupiers or investors taking advantage of the fantastic returns for either long or short term rentals. Not to mention an exceptional lifestyle and broad rental appeal, this property boasts a highly sought after location and is conveniently close to everything Brisbane has to offer, with an array of outstanding restaurants, vibrant bars and trendy retail outlets. This includes but is not limited to Queen Street Mall, Suncorp Stadium, The Barracks shopping centre, riverside walkways and popular Howard Smith Wharves. Positioned just across the river from South Bank, not to mention just a short walk to QUT campus, and the new Queens Wharf Precinct.

Outstanding features include:

- Floor-to-ceiling glass windows throughout, high ceilings
- Seamless connection to the fantastic entertainers balcony with spectacular Northerly views perfect for entertaining guests
- Well-appointed kitchen with stone benchtops, stainless steel appliances, built in dishwasher and ample cupboard and bench space
- Main bedroom with built-in robe
- Luxurious bathroom with ample storage solutions
- Separate study nook perfect for those working from home
- Ducted air-conditioning throughout
- One secure car park
- Fully furnished
- Exclusive access to the Rooftop Sky Terrace, the highest observation deck in Brisbane's Inner-West at 31 floors high
- Brilliant on-site resort-style facilities including residents' retreat and lounge, pool, spa, sauna, steam room, gym, BBQs and gorgeous landscaped gardens
- Conveniently located only a short walk from all amenities - Milton Train Station (approx 1 min walk away), various bus routes, an array of restaurants, bars, cafes and retail outlets, weekly Milton Markets, Suncorp Stadium, the famous Caxton Street and The Barracks shopping district and approx 3km to the Brisbane CBD
- Rental appraisal and hotel pool projected income available on request

With the Olympics set to be hosted in Brisbane in 2032, Brisbane is set to undergo an extensive makeover, with a number of impressive developments on the way. This includes (but isn't limited to) the Cross River Rail, Roma Street Station upgrades, active travel corridor to South Bank and the CBD as well as a revitalisation of the entire city. This may be the perfect time to purchase in Brisbane considering the impact the Sydney Olympics had on the local apartment market, and with so many positive ventures on the horizon surely to positively impact values in the area.

With great rental returns, a quality complex and an immaculate apartment that must be sold, you do not want to miss out on this opportunity. This property won't last long - to pre-register for inspection please contact Henry Guerin today.

Disclaimer: In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability with respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own inquiries to verify the information contained herein. Please note photos are indicative.

Property History for 2901/55 Railway Tce, Milton, QLD 4064

A timeline of how this property has performed in the market
Last Sold
$566,000
23 Aug 2024
  • 03 Sep 2024
    Sold for $566,000
  • 09 Jul 2024
    Listed for Sale For Sale
  • 10 Apr 2018
    Listed for Sale Not Disclosed
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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 2,800 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.
There are currently 33 properties listed for sale, and 44 properties listed for rent in Milton on OnTheHouse. According to CoreLogic's data, 152 properties were sold in the past 12 months in Milton.

Suburb Insights for Milton 4064

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Contact agent
Henry Guerin
Show contact details
Ray White South Brisbane
Preferred contact:
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.