11/758 Ann St, Fortitude Valley is a 1 bedroom, 1 bathroom Unit. The property has a floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Fortitude Valley in the last 12 months.
Smack bang in the heart of the entertainment precinct of the Fortitude Valley, so close to the city and James St precinct is this stylish New York-inspired loft apartment. The building, known as the 'Lautrec Lofts' was built in the 1930's as a brick factory and converted to apartments in the 90's. It comprises only 21 units. Unit 11 is a huge 72m2, north-facing quietly tucked away from Ann Street on the 1st floor. The unit is well sound insulated with its solid brick build, and oozes charm featuring exposed wooden beams, red brick, high ceilings, and hardwood floorboards. The large living area leads out to a private covered patio area separated by large sliding doors. The living space is huge with plenty of space for a home office , there is a galley kitchen downstairs toilet and separate laundry . Up the steel industrial staircase you have your loft bedroom and ensuite. You are a short walk to some of Brisbane's best cafés and restaurants. As the sun goes down you can step out, enjoy live music, nightclubbing or enjoy the magnificent sunset over the iconic River City at one of the renowned local rooftop bars only metres away.
It's not every day you get an opportunity to purchase a historic, character-filled, loft-style apartment in the heart of Fortitude Valley.
This type of loft-style unit is always sought after by all types of buyers, whether you are an owner-occupier looking for a funky place to live or an investor looking for an easy-to-rent, low-maintenance property with the possibility of future development potential then this property is worth a look.
Additional Features
- Low Body Corporate Fees, Aprox $2,750 per year
- Rooftop BBQ area, great for a having few drinks with friends
- Good size bathroom with an extra powder room on the lower level
- Secure building with Intercom Access
- Split system airconditioning
- Amazing location, surrounded by Brisbane's best bars and restaurants
- Sinking fund balance $210,779.38
- Council Rates Approx $480 per quarter
- Current lease 4/10/24 at $380 per week
- New Rental Appraisal $440 to $460 per week
This is a unique property and opportunity. The seller is determined to sell either at auction or before.
Disclaimer: In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability with respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own inquiries to verify the information contained herein.
Auction:
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
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 8,267 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:
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