SOLD
Sold on 23 Apr 2024 for $6,030,000

1/79 James Street
Fortitude Valley QLD 4006

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 121m2
Land area: 121m2
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Property Details for 1/79 James St, Fortitude Valley

Building Type
Commercial
Floor Size
121m2
Land Size
121m2
Local Government
Brisbane
Lot/Plan
1/BUP104020

Last Listing description (January 2021)

Recently refurbished this high-profile tenancy located on the tightly held James Street is now ready for the next business to accompany renowned James Street traffic drivers the Calile Hotel, Kookai and Sixes & Sevens.

Key Features:


- 121m Floor Area
- 1 exclusive use car park
- Direct frontage to James St
- Plenty of street parking
- Full glass faade
- Bathrooms on site
- Recently refurbished internals

To discuss further or to arrange an inspection please do not hesitate to get in touch with Grant Brix from CPRM Property Group.

Property History for 1/79 James St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$6,030,000
23 Apr 2024
Listed for Rent
$1.15k/w
25 Jan 2021
  • 23 Apr 2024
    Sold for $6,030,000
  • 03 Jan 2019
    Listed for Rent $70,000 / year
  • 03 Apr 2018
    Listed for Rent - Price not available
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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 8,128 properties. Over the last 5 years, Houses in Fortitude Valley have seen a -45.80% decrease in median value, while Units have seen a 45.94% increase. As at 30 September 2024:

  • The median value for Houses in Fortitude Valley is $599,427 while the median value for Units is $563,438.
  • Houses have a median rent of $598 while Units have a median rent of $600.
There are currently 84 properties listed for sale, and 51 properties listed for rent in Fortitude valley on OnTheHouse. According to CoreLogic's data, 679 properties were sold in the past 12 months in Fortitude valley.

Suburb Insights for Fortitude Valley 4006

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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.