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Spacious Corner Apartment in Festival Towers - Prime City Living & Investment Opportunity For Sale
Spacious Corner Apartment in Festival Towers - Prime City Living & Investment Opportunity Spacious Corner Apartment in Festival Towers - Prime City Living & Investment Opportunity

1606/108 Albert St, Brisbane City, QLD, 4000

Spacious Corner Apartment in Festival Towers - Prime City Living & Investment Opportunity

Apartment
Type
1
Bedrooms
1
Bathrooms

Last updated on Thursday, April 09, 2026 ( See property details for 1606/108 Albert St, Brisbane City, QLD, 4000)

Offers Over $680,000!

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

This contemporary corner one-bedroom apartment in Festival Towers offers spacious living, premium amenities, and a central Brisbane location ideal for investors and city dwellers alike.

🏡 Property Highlights

  • Spacious 70sqm corner apartment with large living areas
  • Versatile alfresco balcony suitable for year-round use
  • Prime city centre location just 200m from Queen Street Mall
  • Secure storage cage on apartment level for added convenience
  • Excellent investment opportunity with strong rental potential
  • Resort-style building facilities including pools, spa, sauna, gym, and BBQ area

✨ Key Features

  • One spacious bedroom
  • One modern bathroom
  • One secure storage cage
  • Open plan living and dining area
  • Kitchen with stone benches and stainless steel appliances
  • Spacious alfresco balcony can be fully enclosed
  • Air conditioned throughout
  • Secure intercom access
  • Approx. 70sqm of living space
  • Sold furnished

Brisbane City offers vibrant urban living with excellent amenities, diverse dining and entertainment options, and seamless access to public transport. The area features iconic landmarks, lush parks, and ongoing development projects like Queen's Wharf, making it an ideal location for both lifestyle and investment. Proximity to major employment hubs and recreational precincts ensures a dynamic and convenient city living experience.

What are the current rental yields and potential income for this apartment?
The property is currently rented at $670 per week furnished, with potential to increase to approximately $800 per week after the current lease ends, offering attractive rental returns.
What building amenities are available for residents?
Residents have access to two swimming pools, a spa, sauna, gymnasium, and BBQ entertaining area, providing a resort-style lifestyle.
Is the apartment suitable for investors?
Yes, the apartment offers strong rental potential and is located in a vibrant, high-demand area, making it an excellent investment opportunity.
What are the nearby transport options?
The property is within walking distance to Albert Street Station, which will provide rail services, and all public transport options are easily accessible.
Are there any upcoming developments or infrastructure projects nearby?
Yes, the Queen's Wharf Brisbane precinct and the new Albert Street Station are significant developments enhancing connectivity and lifestyle amenities.
Are there any additional or upcoming special levies beyond the current lift refurbishment and chiller plant replacement costs? What are the strata or body corporate fees covering, and are there any planned increases? Are there any restrictions or easements affecting the property? Has the property been inspected for any structural or pest issues? Are there any planned or ongoing construction projects nearby that could impact living conditions? What are the zoning regulations and potential for future development in the area? Is the property located in a flood or bushfire-prone zone? Are there any restrictions on short-term rentals or Airbnb use? What are the terms of the current lease, and are there any conditions that could affect future ownership? Are there any known issues with the building's facilities or common areas?

1606/108 Albert St, Brisbane City, QLD, 4000 - More Details

Spacious Corner Apartment in Festival Towers - Prime City Living & Investment Opportunity

This outstanding corner one bedroom apartment in Festival Towers won't last long! Offering a huge 70sqm floor plan - The largest of the 1 bedroom apartments in the building, it features spacious living areas and a versatile alfresco balcony, that can be utilised all year round. Complete with its own secure storage cage on the apartment level, this one is not to be missed! Investors will be impressed by the great returns while those looking for a city home will love the central location and vibrant lifestyle. The owners are ready to move on - add this to your list today! Body Corporate fees: Approx. $7,805 pa Special Levy (for lift refurbishment and chiller plant replacement): Approx. $882.72 per instalment 01/07/2026 01/11/2026 01/03/2027 Rates: Approx. $2,000 pa Water & Sewerage: Approx. $1,200 pa Apartment features: - One spacious bedroom - One modern bathroom - One secure storage cage (S.16E on apartment level) - Open plan living and dining area - Kitchen with stone benches and stainless steel appliances - Spacious alfresco balcony can be fully enclosed - Air conditioned throughout, secure intercom access - Approx. 70sqm of living on the 16th floor - Currently renting at $670 per week furnished until 13th April 2027 - Rental potential approx. $800 per week furnished after current lease ends - Sold furnished 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.
Type
Apartment
Bedrooms
1
Bathrooms
1

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