SOLD
Sold on 19 Jul 2024 for $525,000

505/21 Nile Street
Woolloongabba QLD 4102

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 62m2
Land area: 77m2
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Property Details for 505/21 Nile St, Woolloongabba

505/21 Nile St, Woolloongabba is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 77m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Unit sold in Woolloongabba in the last 12 months.

Building Type
Unit
Year Built
2016
Floor Size
62m2
Land Size
77m2
Local Government
Brisbane
Lot/Plan
505/SP258331

Last Listing description (July 2024)

This tastefully appointed one bedroom is located in the sought after Veritas Apartments. This boutique apartment offers a remarkable chance to indulge in an exceptional lifestyle in the heart of Woolloongabba. Boasting a prime location, it provides unparalleled access to everything just steps from your front door. Whether you're a savvy investor seeking to reap the many benefits of owning a piece of prime Inner-City real estate, or a first-time homebuyer eager to break into this coveted market, this property represents an unbeatable opportunity.

This welcoming one-bedroom apartment spans an impressive 77sqm and features a well-designed layout that maximizes natural light and creates an inviting ambiance. The open-plan living area seamlessly integrates with the modern kitchen and dining space, creating a perfect spot to relax or entertain guests.

Apartment & Building Features:

- Split system air conditioning
- Large bedroom with built in robes, ceiling fan and access to bathroom
- Separate study area
- Single sided modern kitchen fitted with stainless steel appliances, built in range hood, dishwasher and soft close cabinetry.
- Storage throughout
- Bathroom with floor to ceiling tiles and wall mounted vanity
- Internal Laundry with dryer
- Single car space in communal garage
- Secure complex with swipe access security throughout
- 77 SQM
- This property is currently tenanted for $515 per week until 22/08/2024

Location Snapshot:
- 290m Trafalgar Laneway
- 350m to The Gabba Stadium
- 400m to Gabba Central Shopping Centre
- 500m to Jurgens St Bus Stop
- 1.3km to Mater Hospital
- 2.6km to South Bank Parklands
- 3.4km to Brisbane CBD
- 3.5km to Howard Smith Wharves
- 17.2km to Brisbane Airport

Don't miss out on the chance to make this stunning apartment your own and enjoy all the conveniences and excitement of city living at an affordable price.

Property History for 505/21 Nile St, Woolloongabba, QLD 4102

A timeline of how this property has performed in the market
Last Sold
$525,000
19 Jul 2024
  • 19 Jul 2024
    Sold for $525,000
  • 05 Jul 2024
    Listed for Sale Just Listed
  • 24 Oct 2013
    Sold for $433,000

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About Woolloongabba 4102

The size of Woolloongabba is approximately 2.5 square kilometres. It has 10 parks covering nearly 2.5% of total area. The population of Woolloongabba in 2011 was 4,788 people. By 2016 the population was 5,640 showing a population growth of 17.8% in the area during that time. The predominant age group in Woolloongabba is 20-29 years. Households in Woolloongabba are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Woolloongabba work in a professional occupation. In 2011, 37.9% of the homes in Woolloongabba were owner-occupied compared with 31.7% in 2016.

Woolloongabba has 5,403 properties. Over the last 5 years, Houses in Woolloongabba have seen a 70.47% increase in median value, while Units have seen a 71.73% increase. As at 31 October 2024:

  • The median value for Houses in Woolloongabba is $1,319,325 while the median value for Units is $697,799.
  • Houses have a median rent of $680 while Units have a median rent of $650.
There are currently 23 properties listed for sale, and 28 properties listed for rent in Woolloongabba on OnTheHouse. According to CoreLogic's data, 266 properties were sold in the past 12 months in Woolloongabba.

Suburb Insights for Woolloongabba 4102

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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.