Back 30204/1055 Ann Street
Off Market

30204/1055 Ann Street

Fortitude Valley QLD 4006

1
1
53 m²
Apartment
Last sold for $400,000
Pearls TsangPearls Tsang, last sold this property on 09 September 2024 after 80 days on market.

Overview

Unbeatable Investment Opportunity in Newstead

Located in the heart of one of Brisbane's most sought-after suburbs, this contemporary one-bedroom apartment is just two kilometres from the CBD. Offering the perfect blend of convenience and lifestyle, it's the best value entry-level property on the market! Prime Location: Experience urban living at its finest! Nestled in a bustling lifestyle hub, you'll be just a stroll away from iconic landmarks like Emporium, James Street, and the Gasworks Retail and Dining Precinct. Enjoy seamless access to public transport. Apartment Features: Stylish Kitchen: The kitchen is both stylish and functional, featuring top-of-the-line European appliances, a sleek stone benchtop, and custom cabinetry. Generous Bedroom: The spacious bedroom boasts a modern bathroom, large mirrored built-in wardrobes, and plenty of room for a queen-sized bed. Modern Living: Floor-to-ceiling sliding doors, ducted air conditioning, ceiling fans, and recessed blinds ensure comfort and style. Comfort and Longevity: The current tenant has enjoyed living in this apartment for the past six years, a testament to its comfort and quality. Rented at $480 per week with the tenancy ending in mid-February, the apartment's location ensures very low vacancy rates. The rental appraisal for this apartment is $550-$600 per week, making it a solid investment. Resort-Style Amenities: Indulge in the ultimate leisure experience! Enjoy exclusive access to the on-site swimming pool, perfect for relaxing after a long day or for a refreshing morning swim. Stay active at the state-of-the-art gym, equipped with the latest exercise equipment. Host memorable gatherings with friends and family in the recreational BBQ area, surrounded by lush greenery. Additional Details: This apartment is not just a place to live but a lifestyle choice. It's an unbeatable entry-level property offering the best value in the market. One-bedroom apartments with car parks are around $500K but rent for a similar price. While it doesn't come with a car park, there are plenty of private rental options available for $50-$60 per week if you need a car space. The building itself is just 7 years old, ensuring modern amenities and construction quality. The body corporate fees are approximately $1,410.76 every four months, and the council rate is approximately $499 per quarter. Scheduled Inspection: We have a scheduled inspection at 10:30 AM on Saturday, 13th July. Please contact me to confirm your viewing and secure your chance to see this fantastic property in person.

Features

1 bedroom
1 bathroom
53 m² floor area
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Fortitude Valley over the last 12 months, the estimated median property value of 30204/1055 Ann Street is $620k.

Median value
$620k
Estimated value range
$437.5k - $775k
Median days on market
21
Estimated value trend
33%
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 30204/1055 Ann Street

2024
Sold
$400,000
09 Sep 2024 by Pearls Tsang, of One Percent Property Sales

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 118 reviews in Fortitude Valley over the last 12 months.

Local market activity for 1 bedroom apartments in Fortitude Valley

In the last 12 months, 153 one-bedroom apartments similar to 30204/1055 Ann Street, have been sold.

This represents a 45% increase in one-bedroom apartments sales when compared to the previous 12 months.

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