SOLD
Sold on 22 Aug 2024 for $535,000

28/436 Ann Street
Brisbane City QLD 4000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 74m2
Land area: 74m2
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Property Details for 28/436 Ann St, Brisbane City

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 August 2024. There are other 1 bedroom House sold in Brisbane City in the last 12 months.

Building Type
House
Year Built
1930
Floor Size
74m2
Land Size
74m2
Local Government
Brisbane
Lot/Plan
28/BUP105638

Last Listing description (August 2024)

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

Property History for 28/436 Ann St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$535,000
22 Aug 2024
Listed for Rent
$430/w
24 Mar 2017
  • 22 Aug 2024
    Sold for $535,000
  • 25 Aug 2023
    Listed for Sale Offers Over $375,000
  • 23 Jun 2023
    Sold for $364,000
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About Brisbane City 4000

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 12,266 properties. Over the last 5 years, Houses in Brisbane City have seen a -11.52% decrease in median value, while Units have seen a 42.85% increase. As at 31 October 2024:

  • The median value for Houses in Brisbane City is $543,544 while the median value for Units is $695,719.
  • Houses have a median rent of $710 while Units have a median rent of $749.
There are currently 115 properties listed for sale, and 81 properties listed for rent in Brisbane city on OnTheHouse. According to CoreLogic's data, 844 properties were sold in the past 12 months in Brisbane city.

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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.