111/82 Alfred St

Off Market

111/82 Alfred St

Fortitude Valley QLD 4006

108.6 m²

Apartment

Last sold for $470,000

Matt Jones, last sold this property on 01 May 2014 after 51 days on market.

Overview

SOLD BY MATT JONES

Could there be an easier set and forget investment? With low body corporate rates and outgoings, a highly sought after location and super low vacancy rates this opportunity will be snapped up. This property consists of two separate spacious studio apartments. A current rent return of $650 per week should put a nice dent in the mortgage repayments. Apartment interiors reveal modern clean lines, which are spacious and well-appointed with high quality fittings- ideal for contemporary living, entertaining and relaxing. Kitchens are well appointed with valuable storage space and stainless steel appliances, Smeg microwave, dish-drawer dishwashers, oven, range-hood and cooktop. Of course the location is spot on with the close proximity to all amenities, including transport, cafes, restaurants, entertainment, recreation facilities, being one of the primary reasons people choose to live here. It all adds up to a great opportunity. Look at what is on offer! â€¢ Low body corporate rates and outgoings â€¢ Two prized car parks in a central Valley location (that could be retained or leased separate from the apartments in the future) â€¢ Highly sought after location â€¢ Excellent opportunity for both increased rental returns and capital growth

Features

2 bedrooms

2 bathrooms

2 carspaces

108.6 m² floor area

Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Fortitude Valley over the last 12 months, the estimated median property value of 111/82 Alfred St is $778.51k.

Median value

$778.51k

Estimated value range

$550k - $1.51m

Median days on market

Estimated value trend

19%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Fortitude Valley. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 111/82 Alfred St

2021

Rented

Undisclosed

Leased on 20 Dec 2021 by Zen Estate Agents

2014

Sold

$470,000

01 May 2014 by Matt Jones, of Jeff Jones Real Estate

Happy sellers in Fortitude Valley

94%

94% of sellers in Fortitude Valley reported that their sale price either exceeded or met their price expectations.

Fortitude Valley stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 109 reviews in Fortitude Valley over the last 12 months.

Local market activity for 2 bedroom apartments in Fortitude Valley

In the last 12 months, 173 two-bedroom apartments similar to 111/82 Alfred St, have been sold.

This represents a 43% increase in two-bedroom apartments sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Fortitude Valley for a free market appraisal.

Andrew Tran

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Nearby agents

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Andrew Tran

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