SOLD
Sold on 06 Nov 2024 for $3,465,000

88 Warren Street
Fortitude Valley QLD 4006

Bedrooms: -
Bathrooms: -
Car spaces: 24
Land area: 567m2
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Property Details for 88 Warren St, Fortitude Valley

Building Type
Commercial
Land Size
567m2
Local Government
Brisbane
Lot/Plan
3/RP9399

Last Listing description (October 2023)

On behalf of the vendors, Cushman & Wakefield are pleased to present 88 Warren Street, Fortitude Valley to the market for sale.

88 Warren Street, Fortitude Valley benefits from the following investment characteristics:
Land area of 567sqm* zoned MU1 Mixed Use

Currently utilised as a commercial carparking space, providing 24* at grade spaces
Located 1.5km* from the Brisbane CBD
Highly accessible through connection to arterial roads and close proximity to BCC bus & train services
Offers access to unrivalled lifestyle and retail amenity offered by the James Street Precinct, Howard Smith Wharves & Gasworks Plaza.

For further information, please contact the exclusive agents from Cushman & Wakefield.

*Approximate

Property History for 88 Warren St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$3,465,000
06 Nov 2024
  • 06 Nov 2024
    Sold for $3,465,000
  • 03 Oct 2023
    Listed for Sale Contact Agent
  • 20 Jul 2023
    Sold for $2,650,000
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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 8,275 properties. Over the last 5 years, Houses in Fortitude Valley have seen a -52.15% decrease in median value, while Units have seen a 45.03% increase. As at 30 November 2024:

  • The median value for Houses in Fortitude Valley is $660,298 while the median value for Units is $568,402.
  • Houses have a median rent of $600 while Units have a median rent of $600.
There are currently 76 properties listed for sale, and 60 properties listed for rent in Fortitude valley on OnTheHouse. According to CoreLogic's data, 714 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.