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Sold on 18 Jul 2024 for $560,000

44/592 Ann Street
Fortitude Valley QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 104m2
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Property Details for 44/592 Ann St, Fortitude Valley

44/592 Ann St, Fortitude Valley is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Apartment sold in Fortitude Valley in the last 12 months.

Building Type
Apartment
Floor Size
104m2
Local Government
Brisbane
Lot/Plan
44/BUP106965

Last Listing description (July 2024)

Cathedral place is a hideaway in inner-city Brisbane. This apartment features 2 bedroom + 2 bathroom presenting a great opportunity to potentially add a lot of value to your investment/home. Perfectly located on the border to vibrant Fortitude Valley within proximity to the River, Parks, Brisbane CBD.
Located on the Duhig building, the 4th floor, this 2-bedroom apartment is tucked away from the noise and hustle, while still connecting with and enjoying the lush surroundings of the tropical gardens. The 104 sqm layout is light-filled and open with a functional design that encourages cross-flow ventilation to filter throughout. The open plan, air conditioned, living space invites you to a large 31 sqm covered balcony overlooking the pool and garden, A fully equipped kitchen complements the space.
The two bedrooms are generously appointed and lead out onto the balcony. The master bedroom comes with its ensuite bathroom. The second bathroom next to the second room, fitted with shower and laundry facility, adds to the convenience and flexibility of the apartment.

The security parking spaces just a few steps to the building elevator.
The resort style features of the grounds create an oasis in the middle of Brisbane's CBD that guarantees an exciting and low maintenance lifestyle.
Highlight Features:
- Internal: 73 m2 + Balcony: 31 m2 = Total floor area: 104 m2
- Secure car park: 16 m2, Total building Area: 120 m2
- Body Corporate: $1834.31/quarter
- Council Rates: $ 483.30/quarter
- Urban Utilities: $309/quarter
- Rental Return: $620/week till Sep 2024. The unit has great potential to achieve $680/week on the rental market being in a high-demand area and prime location.
- Gym: The newly renovated, exclusive 24-hour gym for F Block is downstairs on the level Podium.
- Modern lifts for easy access, easy walk to ground floor lobby, Lift access to the unit level, pool, and car parks.
- Security Parking - Sophisticated electronic security swipe card system
- Pet Friendly Subject to Body Corporate Approval
Cathedral Place provides unique lifestyle facilities in an urban setting, including:
- 24/7 security & On-site Cathedral Place Management (Ph:07 3252 5288)
- Manicured tropical garden
- 2x crystal clear free form pools
- Heated Spa
- 3x BBQ Areas
This inner-city location is unparalleled for convenience:
- 100m to Fortitude Valley restaurant & entertainment precinct
- 400 m to Woolworths
- 250 m to Story Bridge On-Ramp to the Gabba and Gold Coast
- Direct link Kingsford Smith Dr to Brisbane airport and Sunshine Coast
- 1 km to Brisbane Showgrounds and highways
- Walking distance to top schools and colleges: All Hallows School, St James College, Brisbane Central State School, St Joseph's College, Music Industry College, Brisbane Girls Grammar School......
- 1.8km to Royal Brisbane & Women's Hospital and 4.2km to Mater Hospital Brisbane.
- Bus stops in front of the doors
- 500m to Fortitude Valley train station
- 900m to Riverside ferry terminal

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Property History for 44/592 Ann St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$560,000
18 Jul 2024
  • 18 Jul 2024
    Sold for $560,000
  • 11 Jul 2024
    Listed for Sale Contact Agent
  • 01 Sep 1998
    Sold for $249,000

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About Fortitude Valley 4006

The size of Fortitude Valley is approximately 1.4 square kilometres. It has 2 parks covering nearly 1.5% of total area. The population of Fortitude Valley in 2011 was 5,615 people. By 2016 the population was 6,976 showing a population growth of 24.2% in the area during that time. The predominant age group in Fortitude Valley is 20-29 years. Households in Fortitude Valley are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fortitude Valley work in a professional occupation. In 2011, 27.3% of the homes in Fortitude Valley were owner-occupied compared with 21% in 2016.

Fortitude Valley has 8,266 properties. Over the last 5 years, Houses in Fortitude Valley have seen a -0.01% decrease in median value, while Units have seen a 43.91% increase. As at 31 July 2024:

  • The median value for Houses in Fortitude Valley is $886,320 while the median value for Units is $556,319.
  • Houses have a median rent of $600 while Units have a median rent of $600.
There are currently 95 properties listed for sale, and 65 properties listed for rent in Fortitude valley on OnTheHouse. According to CoreLogic's data, 708 properties were sold in the past 12 months in Fortitude valley.

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