1606/108 Albert Street, Brisbane City QLD 4000

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

Apartment
Type
1
Bedrooms
1
Bathrooms
70.0 m2
Area

Last updated on Wednesday, June 03, 2026 ( See property details for 1606/108 Albert Street, Brisbane City QLD 4000)

$650,000

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

This spacious, fully furnished one-bedroom apartment in Festival Towers offers modern living with resort-style amenities in Brisbane's vibrant CBD.

🏡 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 included on apartment level
  • Excellent rental potential with current lease and furnished option
  • Resort-style building facilities including pools, spa, sauna, gym, and BBQ area

✨ Key Features

  • One spacious bedroom
  • One modern bathroom
  • Secure storage cage
  • Open plan living and dining area
  • Kitchen with stone benches and stainless steel appliances
  • Alfresco balcony (fully enclosed)
  • Air conditioning throughout
  • Secure intercom access
  • Approx. 70sqm of living space
  • Furnished and currently rented

Brisbane City offers a vibrant urban lifestyle with excellent amenities, public transport, and entertainment options. Key highlights include proximity to Queen Street Mall, Eagle Street Pier, and Botanic Gardens. The area is undergoing revitalisation with new public spaces and infrastructure projects like Albert Street Station. Residents enjoy a dynamic mix of shopping, dining, and cultural experiences, all within walking distance. The neighbourhood combines convenience, lifestyle, and investment potential in the heart of Brisbane.

What are the ongoing body corporate fees and what do they include?
The annual body corporate fees are approximately $7,805, which cover building maintenance, facilities, and management services.
What amenities are available within Festival Towers?
Residents have access to two swimming pools, a spa, sauna, gymnasium, and BBQ entertaining area.
Is the apartment suitable for investment purposes?
Yes, the property currently rents at $670 per week furnished, with potential to increase to approximately $800 per week after the lease ends, making it an attractive investment.
What are the nearby public transport options?
The apartment is within walking distance to Albert Street Station, which will provide rail services, and all forms of public transport are easily accessible.
Are there any upcoming developments or infrastructure projects nearby?
Yes, the Queen's Wharf Brisbane precinct and the Mary Street Vision project aim to enhance public spaces, connectivity, and activation in the area.
Are there any additional costs or upcoming special levies beyond the current fees and levies mentioned? Has the property been inspected for any structural or maintenance issues? Are there any restrictions or easements affecting the property? Is the property compliant with all building and safety regulations? Are there any planned developments or zoning changes in the vicinity that could impact the property? What are the terms of the current lease, and are there any restrictions on future tenancy or owner occupancy? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any strata or body corporate rules that could affect owner use or renovations? What are the long-term plans for the surrounding public spaces and infrastructure? Are there any ongoing or upcoming construction projects nearby that could cause noise or disruption?

1606/108 Albert Street, 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
Area
70.0m2

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