115/587 Gregory Terrace

Off Market

115/587 Gregory Terrace

Fortitude Valley QLD 4006

0 m²

Apartment

Last sold for $791,000

Andrew Tran, last sold this property on 15 March 2026 after 40 days on market.

Overview

Comfort, Space & Location on Gregory Terrace

Positioned within a tightly held Fortitude Valley pocket, this well-presented two-bedroom apartment offers an excellent combination of space, natural light and everyday comfort. Thoughtfully laid out and filled with warmth, the home is ideal for owner-occupiers or investors seeking a quality property in a highly desirable location. The open-plan living and dining area is generous in size and flows seamlessly to a private balcony, creating an inviting space to relax or entertain. Large sliding doors draw in natural light and leafy outlooks, enhancing the apartment's calm, welcoming feel while maintaining excellent privacy. Both bedrooms are well proportioned, with the main bedroom offering ample built-in storage. The central bathroom is neat and functional, complete with a full-sized bath and shower, catering comfortably to daily living. A secure car space adds valuable convenience, particularly in this inner-city setting. Set moments from transport, parklands and lifestyle amenities, this apartment enjoys a prime position close to the King Street Precinct and CBD while retaining a relaxed residential atmosphere. The complex is enhanced by a resort-style swimming pool and a time-saving onsite gym, adding everyday convenience and lifestyle appeal. Offering low-maintenance living in a location that continues to perform strongly, this is an outstanding opportunity to secure a smart two-bedroom apartment on Gregory Terrace.

Features

2 bedrooms

1 bathroom

1 carspace

1 garage space

0 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 115/587 Gregory Terrace is $780k.

Median value

$780k

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 115/587 Gregory Terrace

2026

Sold

$791,000

15 Mar 2026 by Andrew Tran, of SPACE Property Paddington

2022

Sold

$425,000

26 Jul 2022 by Sam Mayes, of SPACE Property Paddington

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 114 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 115/587 Gregory Terrace, have been sold.

This represents a 40% 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

at SPACE Property Paddington

(297 reviews)

Get a free market appraisal

Michael Kafantaris

at Place Estate Agents - New Farm

(178 reviews)

Get a free market appraisal

Judy Chu

at Australian Property Management Alliance - Mango Hill

(83 reviews)

Get a free market appraisal

Jeremy Paikaew

at Junction Estate Agents

4.8

(45 reviews)

Get a free market appraisal

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Fortitude Valley

Andrew Tran

Sellers who recommend Andrew Tran have praised them for being clear communication, responsive, local expert, supportive, friendly, well-prepared and stress-free process