38/586 Ann Street

Off Market

38/586 Ann Street

Fortitude Valley QLD 4006

70 m²

Unit

Last sold for $570,000

Joel Dennis, last sold this property on 28 July 2025 after 6 days on market.

Overview

Lifestyle, Location & Unbeatable Value at Cathedral Place

For the Investor: Rental Appraisal: $660 - $680/week Rates: $448.10/qtr (subject to change) Body Corporate: $1,296.12/qtr (subject to change) Perfectly positioned at 586 Ann Street in the sought-after Cathedral Place complex, this two-bedroom apartment offers an unbeatable lifestyle with resort-style facilities, and walk-everywhere convenience. Whether you're a first home buyer, downsizer, or investor, this is an opportunity to secure a spacious inner-city apartment right in between the Brisbane CBD and Fortitude Valley. The open-plan layout includes a generous living and dining space with timber-look floors, air conditioning, and sliding doors opening to a large covered balcony ideal for entertaining or relaxing. The kitchen is fitted with a gas cooktop, oven, dishwasher, and ample cabinetry. Both bedrooms have built-in robes and are serviced by a central bathroom with a separate toilet and European-style laundry. Enjoy exclusive access to two stunning resort pools, BBQ areas, tropical gardens, and secure parking. With Brisbane CBD, Howard Smith Wharves, and James Street all within walking distance, this one ticks every box for location, lifestyle, and long-term growth. Property Features: • Two Bedrooms + Built-in Robes • One Bathroom + Separate Toilet & Internal Laundry • Spacious Living Area with Timber-look Flooring • Split System Air Conditioning • Covered Balcony + City Glimpses • Kitchen with Gas Cooktop + Dishwasher • Secure Building + Intercom Access • Single Basement Car Space • Resort-Style Facilities inc. Lagoon + Lap Pool, Spa & BBQ Location Highlights: • All Hallows' School – directly across the road • 2-minute walk to Howard Smith Wharves • 3-minute walk to Fortitude Valley Station • 4-minute walk to Brisbane Central State School • 5-minute walk to Brisbane CBD • 6-minute walk to Chinatown Mall • 8-minute walk to James Street Precinct • 9-minute walk to Woolworths Metro Spring Hill • 11-minute walk to St Joseph's College Gregory Terrace • 12-minute walk to St James College Disclaimer: STRUD Property 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

1 bathroom

1 carspace

1 garage space

70 m² floor area

70 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 38/586 Ann Street is $763k.

Median value

$763k

Estimated value range

$565k - $1.73m

Median days on market

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 38/586 Ann Street

2025

Sold

$570,000

28 Jul 2025 by Joel Dennis, of STRUD Property

Happy sellers in Fortitude Valley

95%

95% 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 110 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 38/586 Ann Street, have been sold.

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

Sold

For Sale

For Rent

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