SOLD
Sold on 29 May 2024 for $446,000

503/959 Ann Street
Fortitude Valley QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
Land area: 59m2
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Property Details for 503/959 Ann St, Fortitude Valley

503/959 Ann St, Fortitude Valley is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 59m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Fortitude Valley in the last 12 months.

Building Type
Unit
Year Built
2014
Floor Size
52m2
Land Size
59m2
Local Government
Brisbane
Lot/Plan
503/SP275187

Last Listing description (November 2024)

The epitome of sophisticated style and glamour, this is for those who appreciate the finer things in life. This one-bedroom, one-bathroom, one-car space apartment is set within the prestigious Alex Perry Residences and is perfectly positioned in the heart of the vibrant Fortitude Valley.

The layout exudes modern elegance with a sleek chef's kitchen, moody colour palette, high-end fixtures, and an effortless connection with the covered entertainer's balcony. Here, you can sip afternoon cocktails with friends before heading out to any one of the nearby trendy restaurants, bars, and other vibrant nightlife options.

The bedroom is light-filled and opens to the balcony, plus there is also a built-in robe for convenience. A central bathroom with a compact laundry services the abode, while a single car space is also included.

Residents and guests of this renowned building have access to a pool and sun deck with sensational views that are sure to leave you in awe. Treat yourself to the very best in inner-city living with this spectacular modern apartment.

This is also an exciting opportunity for an investor to purchase a high quality, high-yielding investment, in a high-growth area. The apartment can be rented stress free through the hotel at a rental guarantee of $540 per week.

* Open plan living with an abundance of natural light
* Large bedroom with adjoining outdoor balcony
* Generously sized and mirrored built in robes
* Spacious bathroom with floor to ceiling tiles and a European style laundry
* Ducted air conditioning throughout
* Carpeted bedrooms and Italian tiles throughout the living areas for easy maintenance
* Modern kitchen with stone benchtops and stainless steel appliances
* Rooftop pool, large rooftop deck with BBQ entertaining area, fully-equipped gym
* 24/7 reception
* On-site management and concierge
* Direct access to public transport off Ann Street
* 2km to the Brisbane CBD
* 200m to the Emporium precinct and the Homemaker Centre
* 500m to the James Street shopping and entertainment precinct
* 13 minutes to the Brisbane Domestic and International Airports

This is a secure residence and inspections are by appointment only. Please contact Kosta Porfyriou on 0404 430 327 or email sales@hodgeea.com.au to arrange a private inspection.

* Body Corporate administrative fund levy: approximately $1,045 per quarter
* Body Corporate sinking fund levy: approximately $403 per quarter
* Body Corporate insurance levy: approximately $127 per quarter
* Sinking Fund: $1,271,058.96 as at 30/04/2024
* Administrative Fund: $124,157.61 as at 30/04/2024
* Council Rates: approximately $340 per quarter

Disclaimer:
This property may be advertised as sold by auction or without a price; therefore, a price guide cannot be provided under the Property Law Act 2023. The website may have filtered the property into a price bracket for website functionality purposes.

When attending open homes, the owner or tenant may require us to collect and verify your full name and contact details before we grant you entry to the property. You can find information on how we will use your data at hodgeestateagents.com.au/privacy.

Property History for 503/959 Ann St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$446,000
29 May 2024
  • 29 May 2024
    Sold for $446,000
  • 08 May 2024
    Listed for Sale Under Contract
  • 11 Oct 2013
    Sold for $474,000

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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 95 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.

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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.