OFF MARKET

26/586 Ann Street
Fortitude Valley QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 50m2
Land area: 69m2
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Property Details for 26/586 Ann St, Fortitude Valley

26/586 Ann St, Fortitude Valley is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 69m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
Unit
Year Built
1999
Floor Size
50m2
Land Size
69m2
Local Government
Brisbane
Lot/Plan
26/BUP106966

Last Listing description (May 2023)

This apartment offers everything you would expect to find in a 5-star holiday resort with one advantage; you own it. An ideal investment, a first step onto the property ladder or a city base for executives in one of Brisbane's most vibrant and convenient locations.

An air-conditioned open-plan interior flows out to an enclosed balcony extending the living space and providing year-round, comfortable entertaining. A recent renovation includes new floor tiles, stone benchtops and splashback in the kitchen, and a fresh coat of paint throughout.

A full kitchen will satisfy your urge to cook and comprises an electric oven, a gas cooktop and a breakfast bar. The bedroom opens onto the balcony, where a convenient storage cupboard can be utilised for luggage, clothes hanging and extra belongings. Meanwhile, an oversized bathroom with a shower enclosure features a laundry facility.

Exceptional on-site facilities. Imagine not having to travel to the ocean or pay gym fees. Just venture downstairs and wriggle your toes in the sand of the man-made beach before doing laps in the pool during the summer months, complete your exercise routine in the fully equipped gymnasium, or entertain family and friends with a barbecue amid tropical surroundings; there is so much on offer.

The location provides unrivalled convenience. An exciting array of entertainment precincts abound. Live music venues, cafes, bars, restaurants and boutiques are on your doorstep. The CBD and Queen Street Mall are 1.4km away, 550m to Howard Smith Wharves, and you can walk to the heart of The Valley, Chinatown, Brunswick Street, James Street and a Supermarket at the Gasworks.

- Currently Vacant ready to move in or rent out

- Level 2 facing Ann St

- Potential Rental Return: $450 per week

- Body Corporate: $1290 per quarter approx

- Council Rates: $450 per quarter approx

- View jjmacalino.com.au/1160

For more information and to arrange an inspection contact JJ Macalino today!

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 26/586 Ann St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$365,000
02 Apr 2023
  • 02 Apr 2023
    Sold for $365,000
  • 29 Mar 2023
    Listed for Sale Under Contract
  • 08 Dec 2022
    Listed for Sale Offers over $329,000
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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 8,121 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.