SOLD
RECENT ADVICE
Sold on 24 Jul 2024 for $370,000

510/959 Ann Street
Fortitude Valley QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 47m2
Land area: 47m2
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Property Details for 510/959 Ann St, Fortitude Valley

510/959 Ann St, Fortitude Valley is a 1 bedroom, 1 bathroom Apartment. The property has a land size of 47m2 and floor size of 47m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Apartment sold in Fortitude Valley in the last 12 months.

Building Type
Apartment
Floor Size
47m2
Land Size
47m2
Local Government
Brisbane
Lot/Plan
510/SP275187

Last Listing description (July 2024)

If you are looking for a seamless investment that has style and quality in an amazing location, without breaking the bank, this is the one. Positioned on level 5 of the highly acclaimed 'Alex Perry Apartments', with a pleasant outlook, loads of natural light, high quality finishes and five star amenities. This property represents luxury, elegance and convenience. With a net rental guarantee provided by the on-site management of $2,340.00 per month, it is a strong yielding investment, in a sought after location.

Positioned on level 5, facing north-west over the shopping precinct at 1000 Ann Street, it consists of open plan living with light and bright colour tones. It is light-filled, pleasant and peaceful. The floor-to-ceiling windows are double glazed so it is whisper quiet when you need it to be. It boasts top quality finishes and high end appliances, complimented with outstanding amenities, including a sparkling rooftop pool, expansive bbq area, yoga green space, a gym and 24 hour on-site concierge for service and security, it is no surprise that this building caters to a range of high profile clientele. It is just moments from the James Street precinct, Gasworks and so much more, convenient and comfortable living at its finest.

This is an exciting opportunity for investors to purchase a unique and desirable product in Brisbane City which is set to experience rapid growth and transformation in future years.

Call Anthony now to book a private inspection 0430 028 254.

Features:
- Ducted air-conditioning
- Quality appliances, electric cook-top, dishwasher, oven
- Exquisite lobby and 24 hour concierge
- Rooftop swimming pool, bbq, gym and yoga space
- High returns for investors and low outgoings
- Hotel Rental Guarantee of $540 per week / $2,340 per month
(net, after management fee, cleaning, electricity)
- Healthy Sinking Fund Balance of $1,254,577.34
- Body Corporate fees only $4,147.74 per year

Property History for 510/959 Ann St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$370,000
24 Jul 2024
  • 24 Jul 2024
    Sold for $370,000
  • 15 Jul 2024
    Listed for Sale Sold by Anthony Oddo
  • 26 Jun 2018
    Sold for $1,491,375

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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, 707 properties were sold in the past 12 months in Fortitude valley.

Suburb Insights for Fortitude Valley 4006

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Contact agent
Anthony Oddo
Show contact details
Gabriela Oddo
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Best Life Real Estate Agency - NEW FARM
Preferred contact:
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.