40404/1033 Ann Street

Off Market

40404/1033 Ann Street

Newstead QLD 4006

71 m²

Apartment

Last sold for $520,000

Daniel Jowitt, last sold this property on 29 June 2022 after 131 days on market.

Overview

Occupy or Invest Today Garden Terrace Views Resort Style Living

Functional open plan 2 bedroom apartment, priced to sell. Completed in recent years, this executive apartment was built by renowned Hutchinson Builder's assuring contemporary style and comfort. The premier address is a short stroll to local favorites including Gasworks, The Triffid and James Street, with shops, cafes, restaurants & transport in abundance. Residents of Capri Newstead enjoy the added convenience of being able to walk to the Brisbane River, jump on the famous City Cat's into the CBD - what a way to start the day! This opportunity is in the heart of Newstead, a stone's throw from Brisbane's rapidly growing CBD. South-East Queensland is earmarked for substantial growth, with large groundbreaking infrastructure currently underway in addition to the upcoming 2032 Olympic Games being held in our beautiful River City. Looking for the perfect property to add to (or kick off!) your investment portfolio? The current owner will even secure a suitable tenant prior to settlement - instant income! Uncertainty removed, purchase this fantastic asset with confidence. - Stunning neutral interiors provide airy open plan living space - Bathed in natural light through floor-to-ceiling glass, engineered timber flooring - European BOSCH kitchen, stone benchtops, custom cabinetry, gas cooking - Generous bedrooms, modern bathrooms with ensuite, large mirror built-in wardrobes - Effortless flow to outdoor alfresco entertaining area, sweeping views with river glimpses - Ducted air conditioning throughout - no hot & noisy air-conditioning unit on your balcony - Separate internal laundry (not in a bathroom), high ceilings providing further sense of space - Ceiling fans, recessed block out blinds, secure parking, bike storage - Tropical resort-style lagoon pool, recreational BBQ area, lush greenery - Large air-conditioned onsite gym with quality equipment overlooking Capri Waterfall - NBN Connected, hardwired throughout, secure intercom access, security cameras & access throughout - Low maintenance -construction elements of glass, aluminum & concrete - Ideally suited to astute investors, executive couples, lifestyle seekers, singles & first home buyer's - Under two kilometers to Brisbane CBD, 15 mins to BNE Airport - Expected returns approx 5.5%, current owner will secure lease before settlement - Low annual body corporate fees - Onsite management - Pet friendly building

Features

2 bedrooms

2 bathrooms

1 carspace

71 m² floor area

Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Newstead over the last 12 months, the estimated median property value of 40404/1033 Ann Street is $1.16m.

Median value

$1.16m

Estimated value range

$640k - $2.8m

Median days on market

Estimated value trend

24%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Newstead. 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 40404/1033 Ann Street

2022

Sold

$520,000

Private Sale/Treaty on 29 Jun 2022 by Daniel Jowitt, of McGrath Paddington QLD

2020

Rented

Undisclosed

Leased on 29 Jan 2020 by McGrath New Farm

2020

Rented

Undisclosed

Leased on 12 Jan 2020 by McGrath New Farm

Happy sellers in Newstead

95%

95% of sellers in Newstead reported that their sale price either exceeded or met their price expectations.

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

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

Local market activity for 2 bedroom apartments in Newstead

In the last 12 months, 151 two-bedroom apartments similar to 40404/1033 Ann Street, have been sold.

This represents a 29% increase in two-bedroom apartments sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Newstead for a free market appraisal.

Sharon Campbell

at Enclave Property Group

(155 reviews)

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Phil Whap

at Junction Estate Agents

(37 reviews)

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Madeline Purkis

at Charman Buyers Agency

(9 reviews)

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Jeremy Paikaew

at Junction Estate Agents

4.8

(45 reviews)

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Nearby agents

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

Sharon Campbell

Sellers who recommend Sharon Campbell have praised them for being local expert, clear communication, responsive, supportive, reliable, honest and friendly