Positioned high on level 40 of the ever-popular Festival Towers, this well-designed two-bedroom apartment offers an enviable CBD lifestyle, just moments from the newly opened Queen's Wharf Precinct.
Designed for modern city living, the residence features a flexible enclosed alfresco dining area that seamlessly connects indoor and outdoor spaces. A rare same-floor storage cage provides additional convenience and peace of mind - an invaluable feature in the heart of the city.
Perfect for both investors and owner-occupiers, this property combines strong rental appeal with exceptional long-term growth prospects. Enjoy unmatched access to the Botanic Gardens, Queen Street Mall, and the highly anticipated Eagle Street Pier redevelopment, with the new Albert Street Station only minutes away.
Body Corporate fees: Approx. $8,554 pa
Rates: Approx. $2,000 pa
Water: Approx. $1,200 pa
Special Levy (for lift refurbishment and chiller plant replacement): Approx. $919.50 per instalment
01/03/26
01/07/26
01/11/26
01/03/27
Property features:
-Two spacious bedrooms with views of King George Square
-Two bathrooms, bathtub in main (only floor plan with this feature)
-One car space located on C.112, Level B2
-One secure storage cage (located on the apartment level S.40A)
-Open plan living on the 40th floor, second highest level in the building
-Total living approx. 86sqm
-Large alfresco balcony with city views and sunlight
-Modern kitchen featuring a gas cooktop & stainless steel appliances
-Sold unfurnished
-Currently renting at $880 per week unfurnished until 14th May 2026
-Rental potential of approx. $900-$920 per week unfurnished and approx. $980-$1,000 per week fully furnished to long term tenants
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.
