116/587 Gregory TerraceFortitude Valley QLD 4006
Property Details for 116/587 Gregory Tce, Fortitude Valley
116/587 Gregory Tce, Fortitude Valley is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 77m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
Last Listing description (September 2023)
This luxurious and modern 2-bedroom apartment is located in the vibrant suburb of Fortitude Valley, a prime location for anyone seeking the best of city living. With an abundance of amenities within the complex and its prime location, this property offers the perfect blend of city convenience and high-end comfort.
Step inside and be welcomed by the large open plan design, perfectly balanced with comfort and sophistication. This living area is equipped with a 1-year-old air conditioning system, ensuring your home stays cool and comfortable during those warm summer months. The ceiling fans installed in both rooms also assist with climate control, adding to the overall comfort of the home.
The kitchen is well-appointed, offering plenty of storage and high-quality stainless-steel appliances. The stunning stainless steel breakfast bar countertop provides a modern touch and an ideal place for casual dining or entertaining.
The master bedroom is a private sanctuary with floor-to-ceiling tinted windows that not only offer spectacular views but also ensure privacy and regulate natural light. It is complemented by remote ceiling fans and an integral study nook, perfect for work-from-home professionals or students.
For the outdoor enthusiast or pet owner, you'll appreciate the cat-friendly balcony, raised external aircon unit, and Crimsafe external features. The balcony is shaded, offering an ideal spot to relax while enjoying the urban views.
Security is paramount in this complex with a pass code lift and a secure lobby ensuring resident's peace of mind. This apartment also benefits from wall-mounted TV brackets, enhancing the potential for a personalized living space.
Beyond the apartment itself, the complex amenities are equally impressive. The resort-style accommodation features a fully equipped gym, a stunning outdoor pool, and a spa, creating an everyday oasis at your doorstep.
This unit's location is second-to-none, being right next to the new Olympic equestrian development and in close proximity to the RNA showgrounds Just in time for the Ekka.
Felling Peckish? Indulge in a culinary adventure in the Famous King Street precinct, where you'll find everything from cosy cafes to fine dining options just a short stroll down the road.
This home also falls within the highly sought after Brisbane Central State School and Fortitude Valley State Secondary College school catchment area, making it an excellent choice for families.
Unit 116/587 Gregory Terrace offers inner city living at its best, providing a lifestyle of convenience and luxury that is hard to surpass. Whether you are a professional seeking a residence close to the city's heart or an investor looking for a property with high rental appeal, this apartment is a must-see.
Book your inspection today to fully appreciate all that this remarkable property has to offer.
Property History for 116/587 Gregory Tce, Fortitude Valley, QLD 4006
- 03 Aug 2023Sold for $466,000
- 30 Jun 2023Listed for Sale Not Disclosed
- 06 Jan 2007Sold for $312,500
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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 8,125 properties. Over the last 5 years, Houses in Fortitude Valley have seen a 13.04% increase in median value, while Units have seen a 47.76% increase. As at 31 October 2024:
- The median value for Houses in Fortitude Valley is $1,224,170 while the median value for Units is $564,483.
- Houses have a median rent of $600 while Units have a median rent of $600.
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