32/78 Brookes Street, Fortitude Valley, QLD 4006 | Apartment for sale | OnTheHouse
 
FOR SALE
Offers over $1mil

32/78 Brookes Street
Fortitude Valley QLD 4006

Bedrooms: 2
Bathrooms: 3
Car spaces: 1
Floor area: 200m2
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Dual Occupancy - Apartment + Shop earning $6746.13pm

An opportunity that simply can’t be overlooked; dual income, one title, inner-city position. This is a true dual-key investment combining residential and commercial income streams under one title, delivering immediate returns with long-term upside.
Unit 32 & Shop 3 present a unique configuration:
• A two-bedroom residential apartment on the first floor
• A ground-floor commercial shopfront
• Internal stairwell connection (currently closed off, easily reinstated)
• Two separate tenancies, one ownership, dual income
• Blue-chip inner-city location with ongoing growth and demand
Currently configured as a two income producing asset, this property offers flexibility to maximise yield or adapt to future owner-occupier use.
Upstairs, the apartment features a spacious open-plan kitchen, dining, and living area flowing seamlessly onto a large private balcony with a leafy outlook. The master bedroom includes an ensuite, walk-in wardrobe, and direct balcony access, while the second bedroom is well-positioned opposite the main bathroom.
This portion is securely leased to long-term tenants at $730 per week, increasing to $760 per week from May 2026, with a lease in place until June 2027.
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Property Details for 32/78 Brookes St, Fortitude Valley

32/78 Brookes St, Fortitude Valley is a 2 bedroom, 3 bathroom Apartment with 1 parking spaces. The property has a floor size of 200m2. The place is currently for sale with MovedBy Real Estate.

Building Type
Apartment
Floor Size
200m2
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About Fortitude Valley 4006

The size of Fortitude Valley is approximately 1.4 square kilometres. There are 2 parks, covering nearly 1.5% of the total area. The population of Fortitude Valley in 2016 was 6978 people. By 2021 the population was 9708 showing a population growth of 39.1% in the area during that time. The predominant age group in Fortitude Valley is 20-29 years. Households in Fortitude Valley are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fortitude Valley work in a professional occupation.In 2021, 17.60% of the homes in Fortitude Valley were owner-occupied compared with 21.00% in 2016.

Fortitude Valley has 8,302 properties. Over the last 5 years, Houses in Fortitude Valley have seen a 16.36% increase in median value, while Units have seen a 80.42% increase. As at 31 July 2026:

  • The median value for Houses in Fortitude Valley is $2,087,707 while the median value for Units is $774,718.
  • Houses have a median rent of $650 while Units have a median rent of $680.
There are currently 79 properties listed for sale, and 40 properties listed for rent in Fortitude valley on OnTheHouse. According to Cotality's data, 479 properties were sold in the past 12 months in Fortitude valley.

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Emily Angell
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Mike Rooney
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