2601/79 Albert Street
Brisbane City, QLD 4000

Overview

Spacious & Practical CBD Living with Investment Appeal

Positioned in the heart of Brisbane CBD, this spacious apartment within the reputable River City Apartments presents an exceptional opportunity for both owner-occupiers and investors. The property offers a total area of approximately 72 square meters, which includes a generous 21 square meter entertainer's balcony, providing a unique blend of space, comfort, and outdoor living in an urban setting.

The apartment features a generous open-plan kitchen, living, and dining area that boasts impressive proportions rarely found in comparable one-bedroom apartments. The oversized kitchen is designed with practicality in mind, offering ample bench space and storage to accommodate everyday living needs.

Located just moments from key Brisbane landmarks such as Queen's Wharf Brisbane, Queen Street Mall, the City Botanic Gardens, and a variety of cafes and dining options, the apartment benefits from excellent public transport access. It is also conveniently situated at the doorstep of the new Albert Street Station, part of the Cross River Rail project, enhancing connectivity within the city.

Key property features include:

• One bedroom equipped with a built-in wardrobe and direct access to the balcony
• One bathroom featuring an internal laundry
• North-facing spacious entertaining balcony offering unparalleled city views
• Modern kitchen with stone benchtops and gas cooking facilities
• European stainless steel appliances including a dishwasher
• Approximately 72 square meters in total on level 26, comprising 51 square meters internal space and 21 square meters external balcony
• Reasonable body corporate fees estimated at approximately $6,300 per year

The apartment is currently managed through the Oaks Hotels letting pool, providing a fixed income stream with a proposed rental return of $800 gross per week furnished, not subject to occupancy. This arrangement offers a hassle-free investment opportunity with professional on-site management and strong rental demand in one of Brisbane's most sought-after CBD locations.

River City Apartments boasts a range of exceptional building amenities including a swimming pool, gym, sauna, BBQ area, and on-site management. Its prime location in the heart of the CBD offers unparalleled convenience, with easy walking access to Queen Street Mall, the Botanic Gardens, Queensland University of Technology (QUT), riverside dining, bars, cafes, and more.

The new Albert Street Station, just a one-minute walk from the building, provides direct rail access to the southern end of the CBD for the first time in over 120 years. This station will connect residents to employment, business, education, and entertainment hubs across the city, with an expected daily passenger volume exceeding 67,000.

Additionally, the nearby Queen's Wharf Brisbane precinct is undergoing a transformation into a world-class lifestyle destination. This landmark development features a premium casino, new public spaces, river boardwalks, and a pedestrian bridge linking directly to South Bank, placing a variety of dining, leisure, and entertainment options right at your doorstep.

Disclaimer: While every effort has been made to ensure the accuracy of the information provided about this property, it does not constitute any warranty or representation by the vendor or agent. All information has been gathered from sources considered reliable. Interested parties should rely on their own inspections, enquiries, and searches with relevant authorities.

Location