28/436 Ann St, Brisbane City is a 1 bedroom, 1 bathroom House and was built in 1930. The property has a land size of 74m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Introducing one of the largest and most impressive floor plans available in this building. This remarkable property offers tremendous potential for enhancing its value and maximizing rental income through minor refurbishments.
With its generous size and well-designed layout, this unit presents a unique opportunity for customization and improvement. Whether you're an investor looking to increase the property's market value or a homeowner seeking to create your dream living space, the possibilities are endless.
The upper level features a light filled master bedroom and separate bathroom. Downstairs you will also find another bedroom with an ensuite and an abundance of natural light. The open plan living and dining area is a great place to relax and unwind.
Location is the key for this property, you are walking distance to Queen Street Mall, China Town, restaurants, cafes and public transport, bus, train and the City Cat terminal.
Current rent $430 per week until August 2023 (Great opportunity to refurbish and increase to $500 - $570 per week.)
Ideally located near to the newly developed Howard Smith Wharf entertainment precinct featuring fine dining options, the popular Felons Brewery, bars and cafes along the Brisbane riverfront. It's a short stroll to Woolworths Spring Hill, the Queen Street Mall shopping district, the riverside dining precinct of Eagle St Pier and the entertainment hub of Fortitude Valley including Chinatown minutes away.
Property features:
- 2 Bedrooms
- 2 Bathrooms
- Air conditioning
- Currently renting at $430 per week until 30th August 2023
- Rental potential of $500 - $570 per week (if refurbished)
- Low outgoings
- Secure building access
- Close to Public Transport; Bus, Train and CityCat
Outgoings:
-Body corporate: $5,300 pa approx.
-Rates: $1,600 pa approx
The size of Brisbane City is approximately 2.5 square kilometres. It has 15 parks covering nearly 18.2% of total area. The population of Brisbane City in 2011 was 7,888 people. By 2016 the population was 9,467 showing a population growth of 20.0% in the area during that time. The predominant age group in Brisbane City is 20-29 years. Households in Brisbane City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Brisbane City work in a professional occupation. In 2011, 40.5% of the homes in Brisbane City were owner-occupied compared with 36% in 2016.
Brisbane City has 12,281 properties. Over the last 5 years, Houses in Brisbane City have seen a -11.86% decrease in median value, while Units have seen a 41.78% increase. As at 30 September 2024:
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