2603/108 Albert Street
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About this property
Positioned on the 26th floor of the highly sought after Festival Towers, this spacious two bedroom apartment features a seamless blend of indoor and outdoor living, complemented by breath taking views across Brisbane City, Brisbane River, the iconic Wheel of Brisbane, and the lush South Bank parklands. The apartment also includes a conveniently located storage cage on the same level, offering additional practicality and ease of access. Whether you are an investor seeking strong returns and long-term growth, or an owner occupier in search of a refined inner city residence, this property represents an outstanding opportunity. Body Corporate fees: Approx. $8,277 pa Special Levy (for lift refurbishment and chiller plant replacement): Approx. $919.50 per instalment 01/07/2026 01/11/2026 01/03/2027 Rates: Approx. $2,000 pa Water & Sewerage: Approx. $1,200 pa Apartment Features: - Two generous bedrooms - One modern bathroom - One secure car space (C.239 on B4) - Storage cage (S.26F on apartment level) - Ample natural light throughout - Stylish kitchen with stone benches and stainless steel appliances - Open plan living/dining area opens onto alfresco balcony area - Ducted air conditioning throughout - Total area approx. 72sqm on level 26 - Currently rented in the OAKS short term letting pool. 90 Days notice to release from agreement - Current income $3,683 per month ($850 per week) - Rental potential of approx. $875-$925 per week to long term tenants - Sold unfurnished Festival Towers building facilities include two swimming pools, a spa, sauna, gymnasium and BBQ entertaining area. 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. Nearby to The Queen's Wharf Brisbane precinct, which is a unique and vibrant new world city development featuring a boutique underground shopping centre, first-class casino, new public recreational facilities, pedestrian bridge to South Bank and river boardwalks. 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. Minutes is all it takes to walk to the Eagle Street Pier and Waterfront Precinct development that will integrate notable riverside spots to create vibrant public spaces, shopping, and dining. In addition, the Mary Street Vision- supported by Brisbane City Council- aims to revitalise the surrounding area with enhanced public spaces, connectivity, and activation. DISCLAIMER: Whilst every effort has been made to ensure the accuracy of information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries and searches with all relevant authorities.
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Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 2
- Bathrooms
- 1
- Parking
- 1
- Land Area
- 72m²
- Listed
- 1 week ago
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