OFF MARKET

1501/128 Brookes Street
Fortitude Valley QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 92m2
Land area: 91m2
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Property Details for 1501/128 Brookes St, Fortitude Valley

1501/128 Brookes St, Fortitude Valley is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 91m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
2014
Floor Size
92m2
Land Size
91m2
Local Government
Brisbane
Lot/Plan
1501/SP247613

Last Listing description (August 2023)

Located on the penthouse level of the convenient Brooklyn on Brookes apartments, developed by Metro Property Group circa 2014, this apartment provides a stylish urban home, complete with modern finishes, a stones throw to fashionable James Street, Gasworks, Howard Smith Wharves precincts and The Emporium. Whether you're an owner occupier looking for an oversized 2 bedroom or an investor looking to buy in one of the most popular locations in Brisbane, this apartment ticks all the boxes.

Boasting one of the largest floorplans in the building, a functional layout with good separation between the bedrooms and a built in study nook at the entrance. Bi-fold windows provide a view over an urban cityscape drenching the whole apartment with natural light from the eastern aspect. The modern galley-style kitchen opens out to the living room entertaining here a breeze. The kitchen includes a neutral colour scheme with stone benchtops, quality appliances, a gas cooktop, microwave, oven and dishwasher. Retreat to the spacious master bedroom, which features a built-in robe and ensuite.

An additional bedroom with built-in robes features floor to ceiling glass windows overlooking the Easterly aspect of Brisbane inner-city and serviced by another family bathroom.

Complete with secure parking for 1 car, an impressive selection of premium on site amenities including a sparkling lap pool, extensive gymnasium and on-site management.
An ideal opportunity for astute investors and home occupiers seeking an affordable package with exceptional returns, this stylish two-bedroom apartment presents further lifestyle appeal within the nearby Newstead and Fortitude Valley surrounds.

Boasting a plethora of acclaimed restaurants, cafes, bars and boutiques right on its doorstep, this immaculate property perfectly balances spacious proportions with a low-maintenance lifestyle. Featuring picturesque urban views, sophisticated interiors and fantastic entertainment options. This spectacular residence is also only minutes from the heart of Brisbane's CBD.

Additional Information
Body Corporate Contributions
Administration Fund: $769.59 per quarter approx. excl. insurance
Sinking Fund: $278.97 per quarter approx. excl. insurance
Total Contributions: $1,048.56 per quarter approx. excl. insurance
Council Rates: $450.20 per quarter approx.

With a potential rental return $650-$700 per week, making this property a great investment in the lead up to the 2032 Olympics.

Disclaimer
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes

Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Property History for 1501/128 Brookes St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$642,500
11 Jul 2023
Listed for Rent
$500/w
29 Jun 2017
  • 11 Jul 2023
    Sold for $642,500
  • 27 Jun 2023
    Listed for Sale Buyers in the $600,000's
  • 22 May 2017
    Listed for Rent $500 / week
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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 8,121 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.
There are currently 94 properties listed for sale, and 56 properties listed for rent in Fortitude valley on OnTheHouse. According to CoreLogic's data, 691 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.