Back 18/587 Gregory Terrace
Off Market

18/587 Gregory Terrace

Fortitude Valley QLD 4006

2
1
1
0 m²
Apartment
Last sold for $782,000
Andrew TranAndrew Tran, last sold this property on 14 January 2026 after 50 days on market.

Overview

Effortless Inner-City Living on the Ground Floor

*For inspection - enter via Costin Street* Set on the ground floor of a modern inner-city complex, this stylish 2-bedroom, 1-bathroom apartment offers exceptional convenience just steps from the vibrant King Street precinct. Immaculately presented and thoughtfully designed, it's an ideal opportunity for both investors and owner-occupiers seeking effortless living in one of Brisbane's most energetic lifestyle hubs. A key highlight of this residence is its rare direct gate access from the courtyard to the central court and pool - a feature shared by only a handful of three apartments in the entire complex. This unique layout enhances the indoor - outdoor flow and offers unmatched convenience for entertaining, relaxing by the pool or enjoying the complex amenities with ease. The bright, open-plan layout features a spacious living and dining area, complemented by contemporary finishes and warm timber tones throughout. The modern kitchen includes ample storage and a practical breakfast bar, while the living zone connects seamlessly to an outdoor patio - perfect for easy entertaining or everyday relaxation. Both bedrooms are well-sized and include mirrored wardrobes, with convenient access to the central bathroom. Currently operating as a successful Airbnb, this residence is fully set up for immediate short-stay income, appealing to guests with its modern aesthetic, functional floorplan and unbeatable location. The complex also offers impressive resort-style amenities including a sparkling pool and a well-equipped gym, adding to both the lifestyle appeal and rental demand. Complete with secure parking for one car and positioned in a walk-everywhere address, this apartment delivers outstanding value for buyers seeking a high-performing investment or a low-maintenance inner-city home. Moments from Brisbane Showgrounds, dining, cafés, boutique retailers and transport, it captures the very best of convenient urban living.

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 18/587 Gregory Terrace is $778.51k.

Median value
$778.51k
Estimated value range
$550k - $1.51m
Median days on market
21
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 18/587 Gregory Terrace

2026
Sold
$782,000
14 Jan 2026 by Andrew Tran, of SPACE Property Paddington
2024
Sold
$518,000
19 Sep 2024 by Andrew Tran, 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 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, 172 two-bedroom apartments similar to 18/587 Gregory Terrace, have been sold.

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

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