A vacant allotment this close to the city is an extreme rarity and this one offer's outstanding potential to let your imagination run wild with the ability to build both residential or commercial to suit your needs (subject to council approval). The prime 405sqm block enjoys a great position and is now ready for its fortunate purchaser to make their mark in Fortitude Valley.
? Slightly sloping parcel with a wide 16m frontage
? Ideally positioned with easy access to Brisbane Grammar, St Joseph's Gregory Terrace & the new Valley International college
If you wish to received further information on this block, please contact Zac or Sam for the information pack.
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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