Back 108 Albert St
Off Market

108 Albert St

Brisbane City QLD 4000

1
1
65 m²
Apartment
Last sold for $425,000
Kirsten WalshKirsten Walsh, last sold this property on 23 July 2024 after 25 days on market.

Overview

SOLD BY KIRSTEN WALSH!

Investors & owner occupiers, do not miss this incredible opportunity in Brisbane CBD's hottest location! Moments away from Queens Wharf development, and located approx. 2 minutes walking distance from the new Albert Street train station, part of the Cross River Rail development. This spacious one-bedroom gem is in pristine condition and offers modern living at its finest. Add this property to your shortlist as it represents outstanding value and will not last long. Body Corp: Approx. $6,540 pa Rates & Water: Approx. $2,800 pa Property features: - One spacious bedroom - One modern bathroom - Secure storage cage on apartment level - 13B - Open plan living and dining area - Stylish fully equipped kitchen - Total 58sqm (approx. 56sqm int and 2sqm ext) on the 13th floor - Property sold unfurnished - Currently in the hotel letting pool - Rental potential at $630-$650 per week unfurnished and $700-$710 per week furnished Festival Towers building facilities include two swimming pools, a spa, sauna, gymnasium and BBQ entertaining area. In the perfect city heart location, all that the vibrant CBD has to offer is at your fingertips with Queen Street Mall just 200m away and major city hotspots such as the Eagle St Pier, Botanic Gardens, QUT and the Casino are nearby. All forms of public transport are within walking distance. This property is all about location! Only approx. 2-minute walking distance to the new Albert Street Station, which will provide rail services to the southern end of the CBD for the first time, opening up opportunities for employment, business, education, and entertainment. It will be the first new inner-city train station in 120 years, with over 67,000 passengers projected every day. Only approx. 3 minutes walking distance to The Queen's Wharf Brisbane precinct, which will be a unique and vibrant new world city development featuring a boutique underground shopping center, first-class casino, new public recreational facilities, pedestrian bridge to South Bank and river boardwalks. For information regarding the Brisbane Inner City property market, please go to https://raywhiteiba.com.au/news. *Please advise the agent in writing before placing an offer if you require Foreign Investment Review Board approval (FIRB). Please visit - https://firb.gov.au/ for further details. DISCLAIMER: Whilst every effort has been made to ensure the accuracy of information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries and searches with all relevant authorities

Features

1 bedroom
1 bathroom
65 m² floor area
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Brisbane City over the last 12 months, the estimated median property value of 108 Albert St is $550k.

Median value
$550k
Estimated value range
$70k - $1.5m
Median days on market
27
Estimated value trend
20%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Brisbane City. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 108 Albert St

2024
Sold
$425,000
23 Jul 2024 by Kirsten Walsh, of Ray White Brisbane City
2023
Rented
Undisclosed
Leased on 26 Sep 2023 by Ray White Brisbane City
2023
Rented
Undisclosed
Leased on 20 Aug 2023 by Ray White Brisbane City

Happy sellers in Brisbane City

91%
91% of sellers in Brisbane City reported that their sale price either exceeded or met their price expectations.

Brisbane City stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 108 reviews in Brisbane City over the last 12 months.

Local market activity for 1 bedroom apartments in Brisbane City

In the last 12 months, 208 one-bedroom apartments similar to 108 Albert St, have been sold.

This represents a 22% increase in one-bedroom apartments sales when compared to the previous 12 months.

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