50 Water Street, South Brisbane, QLD 4101 | Property Value & History | OnTheHouse
OFF MARKET

50 Water Street
South Brisbane QLD 4101

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Last updated 17 Aug 2026
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Property Details for 50 Water St, South Brisbane

50 Water St, South Brisbane is a 0 bedroom, 0 bathroom Unit. While the property is not currently for sale or for rent, it was last sold in May 2025.

Building Type
Unit
Local Government
Brisbane
Lot/Plan
1/SP238274

Last Listing description (May 2018)

Newly Branded Quest Apartment Hotel in Brisbane's Most Popular Suburb - Sth Bris | Resort Brokers ID : LH005038

Rare opportunity to secure the leasehold / franchise interest to a freshly branded, high quality, apartment hotel, strategically located next to Mater and Lady Cilento Hospital.
Dual opportunity to acquire a high quality, corporate driven, short-term accommodation business and to become a part of the Quest brand, one of the most successful franchise systems in Australia
High quality building, currently operated as The Sebel, shortly to be rebranded by Quest.

55 apartments, opening to 64 keys comprising mix of studios, 1 bedroom and 2 bedroom apartments.
Each apartment has a fully equipped kitchen (kitchenettes in studios), bathrooms, separate living and dining areas (except for studios), internet access, Foxtel and quality furniture and fittings
Facilities include professional reception area with back office, conference room, kitchen/staff room, store room, linen rooms, pool, guest laundry and gym.
Prime location next to Mater and Lady Cilento Hospital, within distance on Southbank Parklands, close to Gabba and Brisbane CBD.
Lease term 30 years (15 + 5 + 5 + 5 years)
Call Alex Cook on 0467 600 610 for more details.

Property History for 50 Water St, South Brisbane, QLD 4101

A timeline of how this property has performed in the market
Last Sold
$26,000,000
07 May 2025
  • 17 Nov 2017
    Listed for Sale $1,280,000 + EBI
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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 10,561 properties. Over the last 5 years, Houses in South Brisbane have seen a 42.09% increase in median value, while Units have seen a 82.89% increase. As at 31 July 2026:

  • The median value for Houses in South Brisbane is $1,855,981 while the median value for Units is $955,971.
  • Houses have a median rent of $795 while Units have a median rent of $805.
There are currently 49 properties listed for sale, and 24 properties listed for rent in South brisbane on OnTheHouse. According to Cotality's data, 445 properties were sold in the past 12 months in South brisbane.

Suburb Insights for South Brisbane 4101

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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.