Back 5/446 Ann St
Off Market

5/446 Ann St

Brisbane City QLD 4000

2
1
1
93 m²
Apartment
Last sold for $460,000
Kirsten WalshKirsten Walsh, last sold this property on 20 December 2023 after 72 days on market.

Overview

SOLD BY KIRSTEN WALSH!

Positioned on the quiet side of the CBD, you can unwind and relax on the large balcony or get out and enjoy the convenient lifestyle this location offers. Only a short stroll to Howard Smith Wharves entertainment precinct featuring multiple styles of bars for everyone, fine dining, walkways and breath-taking views. The ideal place to spend your weekends or evenings! This exquisite boutique apartment in the heart of Spring Hill offers the perfect blend of urban living and natural beauty, providing easy access to Brisbane's CBD, the scenic riverfront, and lush gardens. It comes fully furnished, making it an ideal investment opportunity. Currently, it's occupied by tenants who are paying $690 per week, with the lease expiring on 30th June, 2024. When this lease expires, there's excellent potential to fetch a rental income ranging from $800 to $830 per week as a furnished property. The entire building is under a refurbishment program that will enhance its desirability with only 41 units in the complex. The Corporate Fees at present support the modernization program giving healthy Negative Gearing for the savvy investor waiting for the Olympic wave of capital gain. The apartment boasts a tastefully designed interior, featuring high-end furniture, including a luxurious Coco Republic white leather lounge, a sophisticated marble coffee table, a sleek Barcelona white leather 2-seat Ottoman, an opulent king size bed, and a wall-mounted 75-inch Samsung Smart TV. The well-appointed kitchen is equipped with a Mielle state-of-the-art dishwasher, an extended pulsating swivel faucet over a twin stainless sink, and a gas cooktop, complemented by other top-of-the-line stainless steel appliances. This apartment is sure to impress! Apartment Features: - 2 bedrooms, master bedroom with air conditioning and private balcony - 1 Bathroom - 1 Secure car space - Separate laundry - Large open style kitchen with gas cooktop and stainless steel appliances - Oversized South-East facing balcony - Ideal for entertaining - One secure car space, plus storage on the ground floor as you enter the building - Total area 93sqm (85sqm internal - 8sqm external) on the 3rd floor - Currently renting at $690 per week furnished until 30th June 2024 - Rental potential $780 - $800 per week once current lease ends. - Boutique building of only 41 other owners - Convenient location with Howard Smith wharves, cafes, parks, schools, gyms, and much more within walking distance. - Public transport nearby provides easy access to Fortitude Valley and Queen Street Mall The Metropolis is incredibly convenient, with a Woolworths, Medical Centre, and a Gym right at your doorstep, providing 2-hour free parking. From there, you can easily walk to Central Station and the vibrant Queen Street Mall. But it's the location of this apartment that truly sets it apart. Enjoy the proximity to Riverside, Howard Smith Wharves, replete with bars, restaurants, and pubs, as well as top schools, parks, and gyms, all against the backdrop of spectacular views that captivate both day and night. For your comfort, the apartment is fully air-conditioned and supplemented by ceiling fans. In the Master bedroom, you'll find double glazed doors that lead to a private balcony, ensuring a serene and tranquil retreat. The Metropolis Apartments contains a total of only 41 well-appointed apartments and features quality building facilities including a roof-top pool, gym, sauna and BBQ area with views over the City. For information regarding the Brisbane Inner City property market please go to https://raywhiteiba.com.au/news. If you require FIRB please advise the agent in writing and visit -https://firb.gov.au/ to ensure that you are in a position to buy. DISCLAIMER: Whilst every effort has been made to ensure the accuracy of information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries and searches with all relevant authorities.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
93 m² floor area
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Brisbane City over the last 12 months, the estimated median property value of 5/446 Ann St is $890k.

Median value
$890k
Estimated value range
$475k - $4.85m
Median days on market
29
Estimated value trend
15%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Brisbane City. 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 5/446 Ann St

2023
Sold
$460,000
20 Dec 2023 by Kirsten Walsh, of Ray White Brisbane City
2022
Sold
$420,000
Private Sale/Treaty on 31 Jul 2022 by Kirsten Walsh, of Ray White Brisbane City
2014
Sold
Undisclosed
03 Jul 2014 by Luke Dawson, of Ray White Paddington QLD

Happy sellers in Brisbane City

92%
92% of sellers in Brisbane City reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 90 reviews in Brisbane City over the last 12 months.

Local market activity for 2 bedroom apartments in Brisbane City

In the last 12 months, 200 two-bedroom apartments similar to 5/446 Ann St, have been sold.

This represents a 36% increase in two-bedroom apartments sales when compared to the previous 12 months.

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