3701/501 Adelaide Street
Brisbane City, QLD 4000

Overview

Exceptional Investment or Lifestyle Opportunity with Bridge and River Views

Situated within one of Brisbane's most iconic buildings in the exclusive Admiralty Precinct, this one-bedroom apartment presents an outstanding opportunity for an inner-city residence or a high-yield investment with captivating river and bridge views.

The location offers unparalleled convenience, appealing to both owner-occupiers and tenants seeking a vibrant lifestyle. It is just a short walk from key destinations including Howard Smith Wharves, Fortitude Valley, Queen Street Mall, Queensland University of Technology, the Central Business District, and Eagle Street Pier, placing the best of the city within easy reach.

The apartment features an open-plan design that is bathed in natural light through floor-to-ceiling windows. The kitchen is well-equipped with stainless steel appliances and gas cooking facilities, complementing the modern bathroom adorned with feature tiling. The spacious bedroom includes a built-in robe, providing ample storage.

Additional property details include a separate laundry area and split system air-conditioning, enhancing comfort and functionality. The total floor area is approximately 55 square meters.

Currently, the apartment is leased as a furnished property at $700 per week until October 11, 2026, with a rental potential estimated at $780 per week thereafter.

Body corporate fees are approximately $11,082 per annum, with a special levy of $7,988.89 payable over two years for cladding removal and replacement, structured in quarterly installments of $1,141.27. Council rates are around $2,000 per annum, and water rates approximately $1,200 per annum.

The building offers premium amenities including an indoor pool, sauna, spa, and gymnasium. It features an ultra-modern smart lift system and comprises 74 levels of luxurious living space. The residence is located in the heart of the city's residential precinct, adjacent to the river, and within walking distance to the Riverside Precinct, CBD, and City-Cat ferry services.

This apartment not only provides modern comforts but also grants easy access to Brisbane City's dynamic lifestyle offerings. It is exceptionally close to the Howard Smith Wharves, known for its diverse dining options, bars, and green spaces.

The property is also near significant city development projects such as the newly opened Queen's Wharf Precinct, which is transforming Brisbane with world-class entertainment, luxury retail, a new casino, riverside boardwalks, and a pedestrian bridge to South Bank. Additionally, the nearby Dexus Eagle Street Pier redevelopment will introduce a premium waterfront dining and business precinct. The Mary Street Vision, supported by Brisbane City Council, aims to revitalize the surrounding area with enhanced public spaces, improved connectivity, and increased activation.

Prospective buyers are advised to conduct their own inspections and inquiries to verify all information, as the details provided are gathered from sources considered reliable but do not constitute any warranty or representation.

Location