Back 62/29 George Street
Off Market

62/29 George Street

Brisbane City QLD 4000

2
2
2
Apartment
Last sold for $776,000
Dean YesbergDean Yesberg, last sold this property on 14 July 2022 after 34 days on market.

Overview

SOLD UNDER THE HAMMER BY DEAN YESBERG AND BEN YESBERG

An Investment Opportunity With Plenty of Upsides This is an opportunity with plenty of upsides for what is on offer, this well-presented spacious 2 bedrooms 2 bathroom unit with 2 side by side car parks in Club Lodge. Situated on the north-facing corner of the building with views down Margaret Street and to the Botanical Gardens. Located directly across the road from the new Queens Wharf Development, 200m from QUT and the Botanical Gardens the location cannot be bettered. The property is currently rented for $575 per week for the investor. The unit is well presented and is the ideal investment for those looking for an investment with potential. The upside is that Club Lodge commands a prime corner future development site of approximately 2400m, directly across from Brisbane's biggest and most exciting development project, the $3 Billion Dollar Queens Wharf Casino. The unimproved land value for the site is currently $42 million but it is worth much more as a site when amalgamation happens. There are only 52 lots In Club Lodge so it's a rare opportunity. Property Features: * Two large bedrooms * Two bathrooms (private ensuite to master) * EXTREMELY RARE - Enclosed garage with two side-by-side car spaces 44m ample storage Is currently rented out separately * Current weekly rental income is $575 * Approx. 91sqm of living * Building facilities include a pool and sauna * Secure entry * Tenanted till 30/12/2022 This is a fantastic opportunity to buy at the right end of town where all the action is happening. Seize the day this is your opportunity to get in on the action in our State's capital city's best development site. Auction Friday 15th July, Ray White Corporate from 10:30 am, if not SOLD prior. To obtain further information or to arrange a private inspection, please contact Ben Yesberg at 0439 797 166

Features

2 bedrooms
2 bathrooms
2 carspaces
2 carport spaces
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 62/29 George Street is $882.75k.

Median value
$882.75k
Estimated value range
$475k - $4.85m
Median days on market
30
Estimated value trend
18%
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 62/29 George Street

2026
Rented
Undisclosed
Leased on 27 Jan 2026 by Ray White City Living
2022
Sold
$776,000
Auction Sale on 14 Jul 2022 by Dean Yesberg, of Ray White City Living
2013
Sold
$510,000
Private Sale/Treaty on 30 Sep 2013 by Ben Comber, of Ray White City Living

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 2 bedroom apartments in Brisbane City

In the last 12 months, 228 two-bedroom apartments similar to 62/29 George Street, have been sold.

This represents a 24% increase in two-bedroom apartments sales when compared to the previous 12 months.

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