Back 8/40 Fanny St
Off Market

8/40 Fanny St

Annerley QLD 4103

2
2
1
Apartment
Last sold for $840,000
Mitch FairallMitch Fairall, last sold this property on 03 March 2026 after 12 days on market.

Overview

Dual Studio, Dual Investment

Situated in the centre of thriving Annerley, this modern dual-studio residence offers a compelling opportunity to secure a high-performing asset in one of Brisbane's most connected inner-city pockets. Constructed in 2017 and held on a single title, the property comprises two fully furnished, self-contained studio apartments designed for effortless living and strong rental appeal. Each residence has been thoughtfully configured to maximise natural light, functionality and tenant comfort, creating a low-maintenance investment with proven demand. The beauty of this property lies in its adaptability. Continue leasing both studios to capitalise on dual income, or occupy one while retaining rental revenue from the other a flexible arrangement that suits both investors and owner-occupiers seeking a strategic foothold in the inner south. Annerley remains a suburb of enduring popularity, valued for its character charm, established community, and exceptional proximity to the CBD. With seamless access to public transport, major hospitals, universities and arterial road networks, the area consistently attracts quality tenants and underpins long-term growth. Looking ahead, Brisbane's continued infrastructure expansion and the momentum surrounding the upcoming Olympic Games further strengthen the outlook for well-positioned inner-city assets. Properties offering versatility, location and income potential are increasingly sought after and tightly held. Apartment 8a is currently leased at $450 per week, providing immediate income from day one. Opportunities combining flexibility, strong returns and future growth in this location are rarely offered. For further details, contact Mitch Fairall on 0400 462 844.

Features

2 bedrooms
2 bathrooms
1 carspace
1 open car space
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Annerley over the last 12 months, the estimated median property value of 8/40 Fanny St is $799.25k.

Median value
$799.25k
Estimated value range
$550k - $927k
Median days on market
23
Estimated value trend
23%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Annerley. 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 8/40 Fanny St

2026
Sold
$840,000
03 Mar 2026 by Mitch Fairall, of Brisbane Real Estate
2023
Rented
Undisclosed
Leased on 15 Nov 2023 by Realty Max
2020
Sold
$475,000
Private Sale/Treaty on 07 Apr 2020 by Raph Agudelo, of Torres Property

Happy sellers in Annerley

94%
94% of sellers in Annerley reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 31 reviews in Annerley over the last 12 months.

Local market activity for 2 bedroom apartments in Annerley

In the last 12 months, 17 two-bedroom apartments similar to 8/40 Fanny St, have been sold.

This represents a 5% decrease in two-bedroom apartments sales when compared to the previous 12 months.

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