Back 52/460 Ann Street
Off Market

52/460 Ann Street

Brisbane City QLD 4000

2
2
76 m²
Apartment
Mary BuchanMary Buchan, last sold this property on 02 September 2026 after 106 days on market.

Overview

Investment Opportunity | 6% Return Now. 10%+ With a Refresh

Auction Location: In-Rooms - 285 Shafston Avenue, Kangaroo Point Some buildings simply can't be replicated. The New Yorker is one of them. A heritage building with a distinctly urban identity, The New Yorker is one of Brisbane City's most recognised addresses — and Unit 52 is one of its most compelling opportunities. This is a building that newer developments simply can't replicate. Two bedrooms. Two bathrooms. Two levels. A layout that lives like a home, with genuine space and separation rarely found in the CBD. The numbers speak for themselves. Currently tenanted and returning a gross yield of approximately 6%, this residence is already performing — and that's before any value-add is considered. For an investor willing to apply a targeted renovation, the upside is significant. Short-term rental in a building of this character and location has the potential to push gross yields beyond 10%. The renovation path here doesn't need to be extensive to move the dial considerably. The proof is already in the building — an owner in The New Yorker renovated their apartment and more than doubled their annual return. Unit 52, with its two-storey layout and generous proportions, presents an even stronger canvas. The bones here are strong. High ceilings, a distinctive floorplan, and a two-storey layout that rewards the right update — this is the kind of residence where the character is already embedded in the walls, and the opportunity lies in what a considered finish could unlock. No amount of renovation budget can manufacture the kind of foundation this building already provides. Beyond the building, the location does the rest. Queen Street Mall, Howard Smith Wharves, the Botanic Gardens, and Central Station are all within easy walking distance — a CBD address that places the best of Brisbane effortlessly within reach. In a tightly held building where apartments rarely come to market, the window to act is typically short. In a market increasingly defined by what's new, The New Yorker endures by being something else entirely. For further information or to arrange a private inspection, contact Mary Buchan on 0497 170 305 today. Disclaimer: This property has been virtually styled to showcase its potential. Images are for marketing purposes only and may differ from the property's current presentation. This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes. Disclaimer: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, 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
2 bathrooms
76 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 52/460 Ann Street is $890k.

Median value
$890k
Estimated value range
$475k - $4.85m
Median days on market
31
Estimated value trend
14%
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 52/460 Ann Street

2026
Sold
Undisclosed
02 Sep 2026 by Mary Buchan, of Place Estate Agents Kangaroo Point

Happy sellers in Brisbane City

91%
91% 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 87 reviews in Brisbane City over the last 12 months.

Local market activity for 2 bedroom apartments in Brisbane City

In the last 12 months, 187 two-bedroom apartments similar to 52/460 Ann Street, have been sold.

This represents a 40% increase in two-bedroom apartments sales when compared to the previous 12 months.

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