1501/127 Charlotte St

Off Market

1501/127 Charlotte St

Brisbane City QLD 4000

85 m²

Apartment

Last sold for $490,000

Kirsten Walsh, last sold this property on 22 October 2023 after 6 days on market.

Overview

SOLD BY KIRSTEN WALSH!

Positioned on the 15th floor - This affordable 2 bedroom apartment located in Mantra On Midtown represents an unbeatable opportunity for both investors seeking a high return or the first home buyer looking to get into the market. This property is priced to sell and won't last long! Situated in the centre of the CBD and surrounded by the much-anticipated multi-billion dollar infrastructure projects such as Queen's Wharf Precinct and the New Albert Station, making this property a perfect home for the working professional or a stand-out opportunity for investors looking for high returns and long term capital growth. Only 1 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. Link - https://www.crossriverrail.qld.gov.au/info/#new-stations-top Only 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 centre, first-class casino, new public recreational facilities, pedestrian bridge to South Bank and river boardwalks. Link - https://brisbanedevelopment.com/queens-wharf-precinct/ Property Features: - 2 spacious bedrooms with a built-in robes - 2 modern bathrooms ** No car space is included with this property** - Separate laundry - Large balcony, perfect for relaxing and alfresco dining - Modern kitchen with ample storage and gas cooktop - Ducted air-conditioning and ceiling fans throughout - Fully furnished - Total living approx. 85sqm (69sqm internal and 16sqm external) on level 15 - Currently achieving $2,583.33 per month in the hotel letting pool until 18th of September 2024. - Rental Potential of $800 to $850 per week furnished to long term tenants Facilities include: - Heated Outdoor Lap Pool - Pool Deck and Barbecue area - Steam Room - New-York Styled lobby - Well equipped gym - Meeting Room - Visitor Parking For information regarding the Brisbane Inner City property market please go to https://raywhiteiba.com.au/news. If you require FIRB please advise the agent in writing and visit -https://firb.gov.au/ to ensure that you are in a position to buy. OFFER TO PURCHASE: Please click the following secured link https://www.cognitoforms.com/rwiba/kwoffertopurchase to send an offer to the Agent. 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

2 bedrooms

2 bathrooms

85 m² floor area

Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Brisbane City over the last 12 months, the estimated median property value of 1501/127 Charlotte St is $900.5k.

Median value

$900.5k

Estimated value range

$475k - $4.85m

Median days on market

Estimated value trend

15%

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 1501/127 Charlotte St

2024

Rented

Undisclosed

Leased on 30 Oct 2024 by Ray White Brisbane City

2023

Sold

$490,000

22 Oct 2023 by Kirsten Walsh, of Ray White Brisbane City

2019

Sold

Undisclosed

18 Dec 2019 by Kevin Do, of Ray White Spring Hill

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 72 reviews in Brisbane City over the last 12 months.

Local market activity for 2 bedroom apartments in Brisbane City

In the last 12 months, 181 two-bedroom apartments similar to 1501/127 Charlotte St, have been sold.

This represents a 42% increase in two-bedroom apartments sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Brisbane City for a free market appraisal.

Gabriel Alonso Baron

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George Hatzimihail

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Kerstin Booge-Linton

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