30/49 Russell StreetSouth Brisbane QLD 4101
Property Details for 30/49 Russell St, South Brisbane
30/49 Russell St, South Brisbane is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 105m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in December 2022.
Last Listing description (February 2023)
This spacious and open one bedroom apartment is sure to impress. Located conveniently across from Musgrave Park the buyer will enjoy all that Brisbane City has to offer on your doorstep. Musgrave Park and the swim centre is a 2-minute walk, South Bank Parklands and restaurant strip is a short 400m walk. The Brisbane convention and exhibition centre is 100m away and there are countless caf&aecute;’s restaurants and bars scattered throughout the nearby streets. South Brisbane train station is less than a 300m walk and ample bus routes are nearby.
The ideal city pad with a spacious 76m2 floor plan making it one of the largest in the building. Access is via one flight of stairs and upon entering the unit a large open living space flows through to a large undercover balcony, ideal for alfresco dining or taking in the delights of the city. The full-sized kitchen has ample storage, quality appliances and an unusual amount of bench space not often found in a one bedroom unit. Invite your friends or family to stay the night with built in wall beds that easily fold from cabinetry to two single beds in the lounge room.
The bedroom is of great size and is filled with natural light, it also boasts a large walk in wardrobe that leads through to the bathroom. The spacious bathroom has shower, large vanity and holds the laundry with enough space for both washing machine and dryer. The apartment is carpeted throughout and has a split system air conditioner.
The apartment can be sold fully furnished and onsite managers can assist in leasing the apartment out as a short-term rental or the investor can simply lease it out themselves. One bedroom apartments in this location are currently leasing for $500 plus on normal long-term leases. The short-term lease or air b n b option may create a higher return.
- Parkside location
- Guest bedding
- Large balcony
- Nearby Southbank
- Ample transport
- Large floor plan
This property will be sold quickly. Contact your selling agent Brock Ward to secure your inspection today.
Property History for 30/49 Russell St, South Brisbane, QLD 4101
- 06 Dec 2022Sold for $401,888
- 23 Nov 2022Listed for Sale FOR SALE BY NEGOTIATION
- 19 Jan 2018Sold for $305,000
Recent sales nearby
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About South Brisbane 4101
The size of South Brisbane is approximately 2.3 square kilometres. There are 14 parks, covering nearly 12.6% of the total area. The population of South Brisbane in 2016 was 7196 people. By 2021 the population was 14292 showing a population growth of 98.6% in the area during that time. The predominant age group in South Brisbane is 20-29 years. Households in South Brisbane are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Brisbane work in a professional occupation.In 2021, 27.40% of the homes in South Brisbane were owner-occupied compared with 29.60% in 2016.
South Brisbane has 10,563 properties. Over the last 5 years, Houses in South Brisbane have seen a 27.88% increase in median value, while Units have seen a 77.69% increase. As at 31 August 2026:
- The median value for Houses in South Brisbane is $1,760,969 while the median value for Units is $945,447.
- Houses have a median rent of $793 while Units have a median rent of $810.
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