Back 198/26 Felix Street
Off Market

198/26 Felix Street

Brisbane City QLD 4000

1
1
62 m²
Apartment
Last sold for $406,000
Tim BosshardTim Bosshard, last sold this property on 18 March 2024 after 18 days on market.

Overview

SOLD BY TIM BOSSHARD & KIRSTEN WALSH!

This quality apartment, situated on the 1th floor of the desirable Felix complex, stands as an exceptional investment opportunity or a perfect city abode. Nestled in the heart of the vibrant financial district, it boasts a spacious open living space and a large balcony with picturesque views of the Botanical Gardens, City and a little bit of the river. The property is located just moments from Eagle Street Pier - set to undergo its first significant renovation in over 30 years. The upcoming $2.1 billion project promises to transform this popular area into a world-class business and leisure hub by 2023. Future plans include two new office towers, riverfront dining and retail spaces, public areas, green spaces, and improved accessibility for cyclists, pedestrians and watercraft. A short stroll from your doorstep will lead you to stunning botanical gardens, Queen Street Mall, future Cross River Rail site, Queens Wharf Entertainment Precinct as well as Kangaroo Point Green Bridge. Property Features: - 1 Spacious bedroom with built-in robes - 1 Modern bathroom with two-way access - Balcony with great views - Functional kitchen with stone benchtops - Approx. 62sqm of living (51sqm internal; 11sqm external) - Currently rented through the onsite Oaks Hotel until the 26th of May 2024 - Rental potential of approx. $700 per week furnished to a long term tenant - Sold fully furnished 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 A short stroll 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/ For further 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
62 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 198/26 Felix Street is $572k.

Median value
$572k
Estimated value range
$70k - $1.5m
Median days on market
27
Estimated value trend
22%
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 198/26 Felix Street

2024
Rented
Undisclosed
Leased on 20 Dec 2024 by Ray White Brisbane City
2024
Rented
Undisclosed
Leased on 19 Dec 2024 by Ray White Brisbane City
2024
Sold
$406,000
18 Mar 2024 by Tim Bosshard, of Ray White Brisbane City

Happy sellers in Brisbane City

92%
92% 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 102 reviews in Brisbane City over the last 12 months.

Local market activity for 1 bedroom apartments in Brisbane City

In the last 12 months, 205 one-bedroom apartments similar to 198/26 Felix Street, have been sold.

This represents a 21% increase in one-bedroom apartments sales when compared to the previous 12 months.

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