507 / 108 Albert Street
Brisbane City, QLD 4000

Overview

High-Yield Hideaway in Festival Towers - Your CBD Goldmine

Festival Towers, once a renowned venue for rock legends, now offers an exceptional opportunity for investors and residents seeking strong returns and convenient city living in Brisbane's CBD. This two-bedroom apartment perfectly captures the vibrant atmosphere of the city while providing a refined and comfortable living space highly sought after by tenants.

Upon entering, the apartment impresses with a spacious and practical layout. The open-plan living and dining areas flow effortlessly onto a private balcony, offering a tranquil vantage point above the city. This outdoor space is ideal for relaxing evenings or enjoying a quiet moment in the heart of the CBD.

The kitchen is designed with both style and functionality in mind, featuring stone bench tops, sleek cabinetry, and stainless-steel appliances. It is well-suited for entertaining guests or managing everyday meal preparation with ease.

Each bedroom serves as a peaceful retreat. The master bedroom includes a private ensuite and built-in wardrobes, providing ample storage and privacy. The second bedroom is equally serene and is supported by a second bathroom finished with contemporary fixtures and fittings. Additional comforts include air conditioning, secure intercom access, and a dedicated car space, ensuring convenience and security.

The apartment is currently tenanted at $850 per week until February 2026, with a rental appraisal suggesting potential returns between $875 and $900 per week, making it an attractive investment option.

Residents of Festival Towers enjoy resort-style amenities including a 25-metre lap pool, sauna, spa, fully equipped gym, BBQ terraces, and shared lounges. The building is managed onsite and maintained to a high standard, enhancing the ease and quality of living.

Location is a key advantage, with Queen Street Mall just a short two-minute walk away. Other nearby attractions include Eagle Street Pier, the Botanic Gardens, Howard Smith Wharves, and Central Station, all within easy reach. Upcoming infrastructure projects such as the Brisbane Metro and Cross River Rail will further improve connectivity and accessibility.

Festival Towers offers more than just a residence; it provides a lifestyle that blends historical significance, modern conveniences, and the dynamic energy of Brisbane's city center. This apartment is an excellent choice for professionals, investors, or couples looking to secure a unique piece of Brisbane's urban story.

Location