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80/82 Boundary Street, Brisbane City, has amazing river bend views.
MAJOR price adjustment in the older segment of the Brisbane apartment market has seen a unit with stunning river, city and bridge views sell for less than the owner paid four years ago.
The two bedroom, single bathroom, single parking space apartment at 80/82 Boundary Street, Brisbane City, was listed as having sold for $537,000 on Thursday.
According to the property timeline, it last sold for $11,000 more four years ago or $548,000 and just seven years ago it sold for $512,000.
How many people you know can boast a view like this off their balcony?
Great spot in the communal pool to soak up some sun – and the views.
According to agents Kirsten Braun and Colin Walsh of Tessa Residential Brisbane CBD, the property was “priced to sell”.
The 10th floor 90sq m unit is in the up-market River Place complex which was built in 2002.
“Situated on the 10th level and currently owner occupied, this apartment will represent brilliant value and is suitable for the owner occupier looking to renovate and add value.”
Both bedrooms were air conditioned, and the master also has a study nook and small balcony, and the apartment also has secure storage space on the same level.
The apartment was owner-occupied before the sale.
River Place was built in 2002.
The home has the potential to secure $580 a week in rent fully furnished and residents have access to building “facilities including a riverside pool, spa and BBQ area, a sauna, gymnasium and private access to the famous river boardwalks that lead to the Eagle St Pier, Howard Smith Wharves and New Farm”.