33 Amelia StreetFortitude Valley QLD 4006
Property Details for 33 Amelia St, Fortitude Valley
Last Listing description (August 2023)
JLL Hotels & Hospitality Group is delighted to present for sale the Amelia Hotel in the heart of Brisbane's burgeoning Fortitude Valley.
Investment highlights include:
- 18 key (incl. managers residence) freehold going concern offered with vacant possession - all with ensuite
- Central Fortitude Valley location enjoying both corporate and leisure demand drivers
- 405sqm (approx.) site with substantial development upside
- Trading up following recent refurbishment with month by month performance improvement
- Extensively refurbished including complete upgrade of bathrooms
To obtain a copy of the Information Memorandum, please contact the exclusive agent below.
For Sale by Offers to Purchase
Property History for 33 Amelia St, Fortitude Valley, QLD 4006
- 19 Jul 2024Sold for $2,400,000
- 20 Mar 2023Listed for Sale $6,325,000
- 06 Apr 2020Listed for Sale $3,850,000
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0About 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.
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