OFF MARKET

22/586 Ann Street
Fortitude Valley QLD 4006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 70m2
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Last updated 11 Nov 2024
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Property Details for 22/586 Ann St, Fortitude Valley

22/586 Ann St, Fortitude Valley is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 70m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
1999
Floor Size
70m2
Land Size
70m2
Local Government
Brisbane
Lot/Plan
22/BUP106966

Last Listing description (December 2022)

Immerse yourself in location, lifestyle and resort-style luxuries at Cathedral Place in Fortitude Valley. In an incomparable location close to Chinatown, Brunswick St Mall, James St, New Farm Park and the CBD, residents will enjoy the convenience and excitement of a metropolitan lifestyle, revelling in the best shopping, dining and entertainment experiences Brisbane has to offer. With amazing accessibility to public transport and secure and visitor parking, Cathedral Place is the ultimate value offering for both owner occupiers and astute investors alike.

The unit itself boasts functionality and style with a smart layout seamlessly integrating two generous bedrooms, the functional bathroom, chic kitchen and open living area flowing onto the generous balcony looking out onto lavish manicured gardens. The clever floorplan, unbeatable atmosphere, and attractive rental potential of this unit creates the ultimate investment opportunity and ideal inner-city hideaway.

Notable Features:

- Located on Level 1 of Sandringham Building
- Total Area: 70m2
- Body Corporate: $1,188.28 per quarter approx
- Rates: $365.40 per quarter approx
- Pet Friendly Subject to Body Corporate Approval
- Rental Return: $440 per week
- Vacant Ready to move in or rent out

With five-star facilities including dazzling resort-style pool, spa, sauna, gym and on-site management, Cathedral Place is a unique lifestyle offering that is second-to-none, creating a rare holiday experience in the heart of the city. With a secure parking spot in the CBD, this value offering leaves no box unticked. The perfect prospect for the urban professional and the smart investor, this is an opportunity not to be missed. We look forward to showing you through.

Disclaimer:
All information contained herein is gathered from sources we consider to be reliable however we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.

Property History for 22/586 Ann St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$380,000
22 Nov 2022
  • 22 Nov 2022
    Sold for $380,000
  • 31 Oct 2022
    Listed for Sale Not Disclosed
  • 30 Apr 2012
    Sold for $330,000
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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.
There are currently 96 properties listed for sale, and 56 properties listed for rent in Fortitude valley on OnTheHouse. According to CoreLogic's data, 693 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.