Back 427/38 Warner St
Off Market

427/38 Warner St

Fortitude Valley QLD 4006

1
1
0 m²
Apartment
Last sold for $550,000
Andrew TranAndrew Tran, last sold this property on 05 March 2026 after 21 days on market.

Overview

Character, Convenience & Lifestyle in the Iconic McWhirters Building

Positioned within the iconic McWhirters building, this well-maintained one-bedroom, one-bathroom apartment presents an exceptional opportunity in the heart of Fortitude Valley. Blending character charm with modern convenience, the apartment is ideal for investors seeking a secure inner-city asset or future owner-occupiers looking to secure a foothold in one of Brisbane's most recognisable buildings. Currently tenanted at $530 per week until September 2026, the property offers immediate rental income and long-term security. The open-plan kitchen, living and dining area is thoughtfully designed to maximise space and natural light, creating a comfortable and functional layout suited to modern living. An enclosed balcony extends the living zone, providing a versatile space that can be enjoyed year-round. The apartment has been very well maintained, offering a move-in-ready or set-and-forget investment opportunity. The bedroom is well proportioned, complemented by a neat and practical bathroom, while the overall presentation reflects pride of ownership and ongoing care. Residents of McWhirters enjoy access to a stylish lobby, beautifully landscaped internal courtyards and rooftop entertaining areas with sweeping city views. While there is no car accommodation, the location more than compensates—positioned within walking distance to public transport, cafés, boutique shopping and the vibrant nightlife of Fortitude Valley. Offering lifestyle, convenience and strong rental appeal, this is an outstanding opportunity in a landmark building.

Features

1 bedroom
1 bathroom
0 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 427/38 Warner St is $600k.

Median value
$600k
Estimated value range
$437.5k - $775k
Median days on market
21
Estimated value trend
30%
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 427/38 Warner St

2026
Sold
$550,000
05 Mar 2026 by Andrew Tran, of SPACE Property Paddington

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 1 bedroom apartments in Fortitude Valley

In the last 12 months, 152 one-bedroom apartments similar to 427/38 Warner St, have been sold.

This represents a 48% increase in one-bedroom apartments sales when compared to the previous 12 months.

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