705/108 Albert Street, Brisbane City, QLD 4000 | Property Value & History | OnTheHouse
OFF MARKET

705/108 Albert Street
Brisbane City QLD 4000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 55m2
Land area: 58m2
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Last updated 1 Dec 2025
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Property Details for 705/108 Albert St, Brisbane City

705/108 Albert St, Brisbane City is a 1 bedroom, 1 bathroom Unit and was built in 2006. The property has a land size of 58m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in March 2024.

Building Type
Unit
Year Built
2006
Floor Size
55m2
Land Size
58m2
Local Government
Brisbane
Lot/Plan
705/SP154492

Last Listing description (April 2024)

Open Home Directions:

Walk to the Oaks Brisbane Festival Suites
Call 0403 405 851

Are you looking to enter the market or purchase the safe investment with high rental return while being situated in the heart of the CBD?

Well, this truly is a fantastic opportunity is not to be missed! Whether you are looking to invest or want a great inner city pad to call your home, this spacious apartment offers a great lifestyle and excellent rental returns. Located in the sought after River City complex, this represents excellent value so you will need to act fast! Additionally, Festival Towers is conveniently located in the heart of Brisbane CBD and is in close proximity to the exciting Queen's Wharf Precinct and the New Albert Street Station. Its prime location adds exceptional value to this already outstanding property.

This unit has a great floor plan with a bedroom separated from the main living room, giving privacy and a spacious open-plan living area that leads out the balcony.
The modern kitchen has quality appliances, with electric cooktop, stone benchtops, and cupboard storage space.

The modern bathroom is on the other end of the unit and includes a large shower. Adjacent of the bathroom, you can find built in laundry, including both washing machine and dryer which come with the unit.

Only approx. 1-minute 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.

A short 3-minute walk to the new Queen's Wharf Brisbane precinct, which will be a stunning, vibrant new world city development featuring a boutique underground shopping centre, first-class casino, world-class hotels, new public recreational facilities, pedestrian bridge to South Bank and river boardwalks.

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.

Unit can come furnished or unfirnshed.

Rental Appraisal:
If rented through a Hotel Management, $650 per week (unfurnished)
Rental Agency $650 - $700 per week

Body Corporate & Council Fees:
Body Corp approximately $1,800 per quarter
Council fees approximately $400 per quarter

Property Features:

Situated on the Level 7 of the Festival Tower in the Heart of CBD
1 Spacious Bedroom with the Built In Robe, Ceiling Fan and Ducted A/C

Large Open Plan Kitchen with the Modern appliances including New Electric Cooktop, Dishwasher, Pantry and ample of storage space
Spacious Stone Breakfast Benchtop is large enough for dining
Tiled Kitchen

Spacious Carpeted Living and Dining Area adjacent from one another
Living Room situated opporsite of the Bedroom and next to the balcony, capturing plenty of natural light and fresh air
Ducted A/C in the living area

Built in Laundry situated next to the entrance
Washing Machine and Dryer stay with the Unit

Festival Towers facilities include:

Two pools
Spa, sauna and gymnasium
Guest lounge
Outdoor entertaining terrace with BBQ's
Professional on-site management with 24hr reception
Secure visitor's car parking

For Any Private Viewings, please contact Marino Fatovic on 0403 405 851

Property History for 705/108 Albert St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$390,000
21 Mar 2024
Listed for Rent
$350/w
02 Jun 2020
  • 21 Mar 2024
    Sold for $390,000
  • 04 Mar 2024
    Listed for Sale Expression Of Interest
  • 04 Oct 2022
    Sold for $295,000
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About Brisbane City 4000

The size of Brisbane City is approximately 2.5 square kilometres. It has 15 parks covering nearly 18.2% of total area. The population of Brisbane City in 2016 was 9460 people. By 2021 the population was 12587 showing a population growth of 33.0% in the area during that time. The predominant age group in Brisbane City is 20-29 years. Households in Brisbane City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Brisbane City work in a professional occupation.In 2021, 30.80% of the homes in Brisbane City were owner-occupied compared with 36.00% in 2016.

Brisbane City has 12,569 properties. Over the last 5 years, Houses in Brisbane City have seen a 47.01% increase in median value, while Units have seen a 70.17% increase. As at 30 November 2025:

  • The median value for Houses in Brisbane City is $785,615 while the median value for Units is $845,473.
  • Houses have a median rent of $750 while Units have a median rent of $750.
There are currently 80 properties listed for sale, and 73 properties listed for rent in Brisbane city on OnTheHouse. According to Cotality's data, 798 properties were sold in the past 12 months in Brisbane city.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.