Back 708/50 McLachlan St
Off Market

708/50 McLachlan St

Fortitude Valley QLD 4006

2
2
1
78 m²
0 m²
Apartment

Overview

Perfect Investment or Live in Opportunity!

Half way between chic James Street which boasts Brisbane's best café culture and is lined by top restaurants and boutiques showcasing fashion and homewares from high-profile designers and the eclectic Brunswick Street which embracing galleries, studios and live music venues, The Winn gives you a sought-after mix of luxury apartment living and vibrant laneway culture. Walk to the CBD in 15 minutes, or venture further with excellent bus, train and ferry services – including direct links to UQ and QUT university campuses. New Farm Park, Kangaroo Point Cliffs, Brisbane City Botanical Gardens and the Brisbane Powerhouse are within walking distance. Plus, dedicated buses service the South Bank cultural precinct and Brisbane's major sporting venues. The Winn is serviced by top-tier primary, secondary and tertiary educational institutions with specialty bus routes connecting tenants with UQ's St Lucia campus and QUT's Kelvin Grove and Gardens Point campuses. Apartments are the most common type of residence in Fortitude Valley, making up over 90% of all housing – and the demand continues to increase. With 70% of Valley residents choosing to rent, over twice the Brisbane average, it presents a highly attractive growth market for investors. Large-scale urban revitalization projects like Brunswick Street Mall, Chinatown and Gasworks Plaza, improved transport links and new residential/ office developments have transformed the Valley into Brisbane's premier cultural and commercial nexus. Your urban lifestyle comes appointed with cool, modern luxury at the Winn, including: - On-trend finishes - Astute and practically designed living spaces - Stone bench tops - Wool blend carpets - European appliances - Bosch gas cook top and dish wash - Split system air conditioning - City view

Features

2 bedrooms
2 bathrooms
1 carspace
78 m² floor area
0 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Fortitude Valley over the last 12 months, the estimated median property value of 708/50 McLachlan St is $802.5k.

Median value
$802.5k
Estimated value range
$550k - $87.5m
Median days on market
21
Estimated value trend
22%
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 708/50 McLachlan St

2023
Rented
Undisclosed
Leased on 20 Dec 2023 by McGrath Bulimba
2018
Sold
Undisclosed
13 Mar 2018

Happy sellers in Fortitude Valley

91%
91% 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 116 reviews in Fortitude Valley over the last 12 months.

Local market activity for 2 bedroom apartments in Fortitude Valley

In the last 12 months, 161 two-bedroom apartments similar to 708/50 McLachlan St, have been sold.

This represents a 38% increase in two-bedroom apartments sales when compared to the previous 12 months.

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