OFF MARKET

38/50 Lower River Terrace
South Brisbane QLD 4101

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 127m2
Land area: 187m2
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Property Details for 38/50 Lower River Tce, South Brisbane

38/50 Lower River Tce, South Brisbane is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1997. The property has a land size of 187m2 and floor size of 127m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
Unit
Year Built
1997
Floor Size
127m2
Land Size
187m2
Local Government
Brisbane
Lot/Plan
38/BUP106569

Last Listing description (August 2021)

DUE TO GOVERNMENT ENFORCED COVID RESTRICTIONS. PLEASE CHECK THE OPEN HOME TIME THE DAY OF SCHEDULED VIEWING. FACE MASKS AND SOCIAL DISTANCING ARE MANDATORY.

This luxurious, French-inspired apartment is not only located in one of Brisbane's most exclusive developments but it is arguably the finest on show, situated on the far right, set apart and with panoramic river views.

The Riviera Terraced Villas apartment block is exclusive and secure and is one of only 38 villas perched on three terraces - sought after real estate indeed.

With a North Easterly aspect, 38/50 Lower River Terrace takes in glorious views of the Brisbane River, Botanical Gardens and the iconic Story Bridge. And it possibly has the most desirable seat in town for viewing the annual spectacular fireworks.

And with the sleek kitchen featuring top-end appliances and a serevery adjoining the open plan lounge/dining area, entertaining will be a breeze. Guests will love spilling out onto the large balcony with the seamless bi-fold doors.

While the outlook is simply sensational, the interiors offer the height of open-plan opulence. Stylish renovations include stunning new bathrooms, a brand new designer kitchen and the inclusion of state of the art lighting.

There are three bedrooms, the master with sliding glass doors allowing stunning river views. The sumptuous main bedroom features a high-end ensuite and walk-through robe and has a private balcony. One bedroom is currently used as a home office but also provides a well sized spare bedroom.

This really is low maintenance living at its best with all the benefits one would expect of such a high-end environment. There is an on-site, pro-active facilities manager overseeing smooth operations and gorgeous resort-style facilities, including a pool and multiple BBQ areas. Just move in and enjoy.

Within walking distance to Sommerville House and St Laurence's, the apartment is also within the highly desirable Brisbane State High Catchment area. The River Ferry is almost at your doorstep, and all other transport options a short stroll away.

Features at a glance

3 generous size bedrooms and 2 bathrooms (incl ensuite)
Master bedroom with ensuite, walk through robe and balcony access
Fabulous entertaining balcony, with seamless glass bifold doors
Stunning 180-degree views
Separate laundry room
2 secure side-by-side car parks + secure storage cupboards
Pool & barbecue facilities
Maritime Museum

Property History for 38/50 Lower River Tce, South Brisbane, QLD 4101

A timeline of how this property has performed in the market
Last Sold
$1,140,000
18 Jun 2021
  • 18 Jun 2021
    Sold for $1,140,000
  • 08 Jun 2021
    Listed for Sale Offers over $1,150,000
  • 13 Jan 2005
    Sold for $660,000
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About South Brisbane 4101

The size of South Brisbane is approximately 2.3 square kilometres. It has 14 parks covering nearly 12.6% of total area. The population of South Brisbane in 2011 was 5,416 people. By 2016 the population was 7,179 showing a population growth of 32.6% in the area during that time. The predominant age group in South Brisbane is 20-29 years. Households in South Brisbane are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Brisbane work in a professional occupation. In 2011, 32.8% of the homes in South Brisbane were owner-occupied compared with 29.6% in 2016.

South Brisbane has 10,401 properties. Over the last 5 years, Houses in South Brisbane have seen a -3.68% decrease in median value, while Units have seen a 45.42% increase. As at 31 January 2025:

  • The median value for Houses in South Brisbane is $1,023,156 while the median value for Units is $739,228.
  • Houses have a median rent of $700 while Units have a median rent of $750.
There are currently 46 properties listed for sale, and 42 properties listed for rent in South brisbane on OnTheHouse. According to CoreLogic's data, 627 properties were sold in the past 12 months in South brisbane.

Suburb Insights for South Brisbane 4101

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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.