Back 2/40 Fanny St
Off Market

2/40 Fanny St

Annerley QLD 4103

2
2
1
0 m²
73 m²
Apartment
Last sold for $862,000
Joshua KimJoshua Kim, last sold this property on 30 March 2026 after 47 days on market.

Overview

MUST BE SOLD! – Dual Income Flexibility in a Prime Annerley Location

Positioned on vibrant Fanny Street in the heart of Annerley, this contemporary dual-occupancy apartment presents an outstanding opportunity for first home buyers looking for something unique or investors seeking flexibility, strong rental appeal, and long-term growth in a tightly held inner-city suburb. Built in 2017, the property comprises two self-contained studio residences on one title, offering a versatile configuration, ideal for maximising returns. Investors have the option to lease both studios for dual income or first home buyers looking to live in one while renting out the other, making this a smart and adaptable asset for a range of buyer profiles. Well located within a thriving lifestyle precinct, Annerley is highly regarded for its cafes, parks, community feel, and excellent connectivity. Proximity to public transport, major road networks, and the Brisbane CBD ensures ongoing demand and solid investment fundamentals. Property Highlights: - Dual-occupancy apartment on one title - Two self-contained studio residences - Flexible layout suited to investors or owner-occupiers - Strong and consistent rental demand - Low-maintenance contemporary design - Body Corporate Rates Approx. $925 per quarter. This property offers the ability to secure an income-producing asset now, with flexibility to adapt or optimise returns over time. Location Highlights: - Approx. 10 minutes to Brisbane CBD - Easy access to major arterial roads - Close to public transport options - Minutes to local cafés, shops, and amenities - Located in a high-demand inner-city suburb - Close to parks and everyday amenities Whether you're expanding your investment portfolio or seeking a versatile property with dual-income potential, these side-by-side studio apartments present a rare and rewarding opportunity. Our instructions are clear: this property must be SOLD! To ensure you don't miss out on this opportunity, register your interest today. Disclaimer: ALTO REAL ESTATE has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
0 m² floor area
73 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Annerley over the last 12 months, the estimated median property value of 2/40 Fanny St is $803.5k.

Median value
$803.5k
Estimated value range
$550k - $938.12k
Median days on market
24
Estimated value trend
20%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Annerley. 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 2/40 Fanny St

2026
Sold
$862,000
30 Mar 2026 by Joshua Kim, of ALTO Property
2024
Sold
$700,000
22 Dec 2024 by Aiden Bayne, of MPM Property
2017
Sold
Undisclosed
12 Dec 2017 by Jarrod Perry

Happy sellers in Annerley

93%
93% of sellers in Annerley reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 28 reviews in Annerley over the last 12 months.

Local market activity for 2 bedroom apartments in Annerley

In the last 12 months, 19 two-bedroom apartments similar to 2/40 Fanny St, have been sold.

This represents a 33% decrease in two-bedroom apartments sales when compared to the previous 12 months.

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