SoldMay 19, 2025

705/70 Mary Street, Brisbane City, QLD, 4000

$450,000

1
1
62 m²

Apartment

30+ days on the market

Sold: May 19, 2025

What's around 705/70 Mary Street

One Bed Plus Study In The Heart of The City

Inspection Information: For open homes and private inspections, meet at the front of lobby on Mary Street. Apartment Features: 62m2 Level 7 of 43 Spacious study - perfect spare mini bedroom or office Open plan living and dining Sheltered balcony Ducted air-conditioning Sold fully furnished Building Information: Mantra on Mary is a modern high-rise in the heart of Brisbane’s CBD, offering a mix of residential apartments and short-term accommodation, making it ideal for both owner-occupiers and investors. The building features 1, 2, and select 3-bedroom apartments with open-plan layouts, complemented by premium amenities, including a heated lap pool, gym, sauna, and alfresco BBQ area. Its prime location places residents within walking distance of Queen Street Mall, the Botanical Gardens, Star Casino, and South Bank Parklands, enhancing both lifestyle and investment appeal. With strong rental demand and flexibility for permanent living or Airbnb potential, Mantra on Mary presents a compelling opportunity in Brisbane’s dynamic property market. Built 2007 approx 373 apartments in complex 43 storeys 4 high speed lifts Heated lap pool and sun deck BBQ and entertainment area Fully equipped gym and sauna Pet-friendly Catering to owner occupiers, long term letting and short term letting with onsite Mantra on Mary Location: Brisbane City is at the heart of exciting growth and transformation as it prepares for the 2032 Olympic Games. Already known for its vibrant blend of business, culture, and recreation—with highlights like South Bank Parklands, Queen Street Mall, and the City Botanic Gardens—the city is evolving further with major developments such as the $3.6 billion Waterfront Brisbane project on Eagle Street, which will rejuvenate the riverside with new retail, dining, and public spaces, The Queen’s Wharf development, featuring a new casino, luxury hotels, and entertainment options and The Cross River Rail project which is a transformative initiative that will enhance connectivity by linking Brisbane’s north and south through the heart of the CBD, easing commutes and elevating property appeal in the City. With apartments catering to all levels of the market, strong rental demand, and a globally focused future, Brisbane City stands out as a prime choice for residents and investors alike, combining liveability with lasting investment appeal. From Your Doorstep: 4 min walk to City Botanic Gardens 5 min walk to Queen Street Mall 6 min walk to Eagle Street Pier 6 min walk to Queen's Wharf and Star Casino 10 min walk to QUT Gardens Point 13 min walk to Central Station 14 min walk to South Bank 20 min walk to Howard Smith Wharves 28 min drive to Brisbane Airport School Zones: Brisbane Central State School (Prep to Year 6) - 9 min drive Fortitude Valley State Secondary College (Year 7 to Year 12) - 13 min drive Rent: Current hotel lease in place until 31/07/2025 rented for $2,190.00 per month Rental Appraisal: $600 - $650 per week Short-Term Letting Appraisal: $750 - $850 per week after management fees (AirBNB) Costs: Body Corporate - $1,470.00 per quarter approx. (Includes admin, sinking fund and building insurance) Council Rates - $510.00 per quarter approx. Water Rates - $250.00 per quarter approx.

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