157 Warry StreetFortitude Valley QLD 4006
Property Details for 157 Warry St, Fortitude Valley
157 Warry St, Fortitude Valley is a 4 bedroom, 1 bathroom House with 4 parking spaces and was built in 1920. The property has a land size of 810m2 and floor size of 135m2. While the property is not currently for sale or for rent, it was last transferred in October 2009.
Last Listing description (April 2019)
Developers and investors alike can't go past this exceptional opportunity. Located just 900m from the Brisbane City CBD, this site is one of the largest development sites available in this highly sought-after area.
Sites like this are becoming increasingly rare and while there is certainly potential to renovate the current cottage that sits on the land, it's unbeatable location and large size makes this a property prime for development.
Zoned as Mixed Use 1 (MU1), there's plenty of potential to turn this humble site into a profitable business opportunity. This inner-city zoning allows for a mix of business, retail, residential, service industry and tourism accommodation (STCA).
This is a chance to indulge in a boutique hotel to service the growing number of visitors to the region or create a residential building that will accommodate growing families, professionals and even investors looking for a solid addition to their portfolio. DA approval has already been sought for a residential development up to eight stories.
Perfectly positioned within walking distance of the city, only moments from schools, and parks, people will love to call number 157 Warry Street home. A huge range of shops, restaurants, cafes and bars, plus the vibrant Fortitude Valley precinct are all within easy reach.
Easy access to public transport offers a life of convenience, while main roads are close by to offer a quick commute to work or a weekend escape north to the Sunshine Coast and south to the Gold Coast.
- Just 900m from CBD
- DA Approved
- Develop or renovate
- MU1 Zoned
EXPRESSIONS OF INTEREST CLOSES 5PM MONDAY THE 5TH NOVEMBER 2018.
Property History for 157 Warry St, Fortitude Valley, QLD 4006
- 09 Oct 2018Listed for Sale Not Disclosed
- 31 May 2016Listed for Rent $650 / week
- 05 Nov 2009Listed for Sale Not Disclosed
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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 8,124 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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