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Sold on 21 Dec 2023 for $460,000

5/446 Ann Street
Brisbane City QLD 4000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 93m2
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Property Details for 5/446 Ann St, Brisbane City

5/446 Ann St, Brisbane City is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Apartment sold in Brisbane City in the last 12 months.

Building Type
Apartment
Floor Size
93m2
Local Government
Brisbane
Lot/Plan
5/SP138730

Last Listing description (December 2023)

Positioned on the quiet side of the CBD, you can unwind and relax on the large balcony or get out and enjoy the convenient lifestyle this location offers. Only a short stroll to Howard Smith Wharves entertainment precinct featuring multiple styles of bars for everyone, fine dining, walkways and breath-taking views. The ideal place to spend your weekends or evenings!

This exquisite boutique apartment in the heart of Spring Hill offers the perfect blend of urban living and natural beauty, providing easy access to Brisbane's CBD, the scenic riverfront, and lush gardens. It comes fully furnished, making it an ideal investment opportunity. Currently, it's occupied by tenants who are paying $690 per week, with the lease expiring on 30th June, 2024. When this lease expires, there's excellent potential to fetch a rental income ranging from $800 to $830 per week as a furnished property.

The entire building is under a refurbishment program that will enhance its desirability with only 41 units in the complex. The Corporate Fees at present support the modernization program giving healthy Negative Gearing for the savvy investor waiting for the Olympic wave of capital gain.

The apartment boasts a tastefully designed interior, featuring high-end furniture, including a luxurious Coco Republic white leather lounge, a sophisticated marble coffee table, a sleek Barcelona white leather 2-seat Ottoman, an opulent king size bed, and a wall-mounted 75-inch Samsung Smart TV. The well-appointed kitchen is equipped with a Mielle state-of-the-art dishwasher, an extended pulsating swivel faucet over a twin stainless sink, and a gas cooktop, complemented by other top-of-the-line stainless steel appliances.

This apartment is sure to impress!

Apartment Features:
- 2 bedrooms, master bedroom with air conditioning and private balcony
- 1 Bathroom
- 1 Secure car space
- Separate laundry
- Large open style kitchen with gas cooktop and stainless steel appliances
- Oversized South-East facing balcony - Ideal for entertaining
- One secure car space, plus storage on the ground floor as you enter the building
- Total area 93sqm (85sqm internal - 8sqm external) on the 3rd floor
- Currently renting at $690 per week furnished until 30th June 2024
- Rental potential $780 - $800 per week once current lease ends.
- Boutique building of only 41 other owners
- Convenient location with Howard Smith wharves, cafes, parks, schools, gyms, and much more within walking distance.
- Public transport nearby provides easy access to Fortitude Valley and Queen Street Mall

The Metropolis is incredibly convenient, with a Woolworths, Medical Centre, and a Gym right at your doorstep, providing 2-hour free parking. From there, you can easily walk to Central Station and the vibrant Queen Street Mall. But it's the location of this apartment that truly sets it apart.

Enjoy the proximity to Riverside, Howard Smith Wharves, replete with bars, restaurants, and pubs, as well as top schools, parks, and gyms, all against the backdrop of spectacular views that captivate both day and night.

For your comfort, the apartment is fully air-conditioned and supplemented by ceiling fans. In the Master bedroom, you'll find double glazed doors that lead to a private balcony, ensuring a serene and tranquil retreat.

The Metropolis Apartments contains a total of only 41 well-appointed apartments and features quality building facilities including a roof-top pool, gym, sauna and BBQ area with views over the City.

For information regarding the Brisbane Inner City property market please go to https://raywhiteiba.com.au/news.

If you require FIRB please advise the agent in writing and visit -https://firb.gov.au/ to ensure that you are in a position to buy.

DISCLAIMER: Whilst every effort has been made to ensure the accuracy of information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries and searches with all relevant authorities.

Property History for 5/446 Ann St, Brisbane City, QLD 4000

A timeline of how this property has performed in the market
Last Sold
$460,000
21 Dec 2023
Listed for Rent
$695/w
26 Jun 2024
  • 30 May 2024
    Listed for Rent $695 / week
  • 07 Dec 2023
    Sold for $460,000
  • 09 Oct 2023
    Listed for Sale Offers Over $460,000!
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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 12,273 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 117 properties listed for sale, and 81 properties listed for rent in Brisbane city on OnTheHouse. According to CoreLogic's data, 867 properties were sold in the past 12 months in Brisbane city.

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Contact agent
Kirsten Walsh
Show contact details
Ray White Inner Brisbane Apartments
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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.