This 2-bedroom apartment located in the popular Festival Towers, offers a remarkable opportunity for investors seeking a high return & capital growth and owner occupiers looking for the vibrant inner city lifestyle. This apartment is situated in the ever-evolving CBD, a thriving precinct with desirable locations such as Botanical Gardens, Queens Wharf, Cross River Rail, Queen Street Mall and the upcoming Eagle Street Pier redevelopment, only a short stroll away.
Currently renting at $900 per week, this property offers exceptional returns for investors. For owner-occupiers, the functional floor plan includes an enclosed alfresco dining area, creating the ideal space to relax and unwind. With unbeatable convenience for entertainment, work, and leisure, this is the prime location to both invest and live.
Body corporate fees: $8,712 pa
Rates & water: $2,800 pa
Property features:
- Two spacious bedrooms master with views of South Bank and Brisbane River
- Two bathrooms, including an ensuite for the master bedroom.
- One Secure car space located on C.167 - Level B3.
- Secure storage cage located on the apartment level S.32D
- Open plan living on the 32nd floor - Total 87sqm
- South Bank, Brisbane River & City views
- Large alfresco balcony
- Sold furnished
- Modern kitchen featuring a gas cooktop & dishwasher
- Currently rented at $900 per week, furnished, until 5th of October 2025
- Rental potential of approx $930-$950 per week once current lease expires.
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.
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 centre, first-class casino, new public recreational facilities, pedestrian bridge to South Bank and river boardwalks. Link https://raywhiteinnerbrisbaneapts.com.au/news/queens-wharf-rises
For information regarding the Brisbane Inner City property market please go to https://raywhiteiba.com.au/news.
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.
