Back 217/587 Gregory Terrace
Off Market

217/587 Gregory Terrace

Fortitude Valley QLD 4006

2
1
1
83 m²
76 m²
Unit
Last sold for $700,000
Chris GilmourChris Gilmour, last sold this property on 31 August 2025 after -2 days on market.

Overview

ALL PROPERTIES GROUP & CHRIS GILMOUR SOLD...

SOLD BY CHRIS GILMOUR 0438 632 459... Step into a boutique apartment that blends modern living with unbeatable convenience, right in the vibrant heart of Fortitude Valley. Built in 2005 and positioned above the onsite manager's office on level 2, this secure residence is more than just an apartment, it's a lifestyle. Imagine waking up just 1.5km from Brisbane's CBD, with the Aquatic Centre only 500m away, bus stops at your doorstep, and the local train station just a short walk away. Cafés, restaurants, and the buzz of the Valley are all around you, while the iconic Brisbane Showgrounds sit right at your doorstep. Inside, the apartment boasts 76m² of comfortable living, including a light-filled open-plan lounge and modern kitchen, seamlessly flowing out onto a generous 12m² balcony-perfect for morning coffee with city views. The unit offers: * Two well-sized bedrooms, both with built-in wardrobes * Modern fitted kitchen with double sink, electric oven, stove top & laminated benches * Contemporary bathroom with bath, overhead shower, toilet, vanity & extra storage * Carpets throughout living areas & tiles in the kitchen * Secure allocated car space * Lifestyle extras include a fully equipped gymnasium, sparkling pool, and peace of mind with on-site management. Currently rented at $580 per week, this property is an ideal investment opportunity or a stylish inner-city home for those who love being close to everything Brisbane has to offer. Rates - $950 Approx. including water per qtr Body Corporate - $1570 Approx. including sinking fund per qtr Corner of Gregory Terrace & Costin Street, where city convenience meets Valley lifestyle. Disclaimer: All information provided has been obtained from sources we believe to be accurate. However, we cannot guarantee the information is accurate and accept no liability for errors or omissions. (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
83 m² floor area
76 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Fortitude Valley over the last 12 months, the estimated median property value of 217/587 Gregory Terrace is $763k.

Median value
$763k
Estimated value range
$565k - $1.73m
Median days on market
21
Estimated value trend
17%
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 217/587 Gregory Terrace

2025
Sold
$700,000
31 Aug 2025 by Chris Gilmour, of Avenue

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 units in Fortitude Valley

In the last 12 months, 41 two-bedroom units similar to 217/587 Gregory Terrace, have been sold.

This represents a 13% decrease in two-bedroom units sales when compared to the previous 12 months.

Nearby agents

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

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent