17/587 Gregory TerraceFortitude Valley QLD 4006
Property Details for 17/587 Gregory Tce, Fortitude Valley
17/587 Gregory Tce, Fortitude Valley is a 2 bedroom, 1 bathroom Unit and was built in 2004. The property has a land size of 77m2 and floor size of 76m2.
Last Listing description (May 2022)
Young couples and roommates alike dream of making a home just down the road from local hangouts and Brisbane's best parties. With this modern 2-bedroom, 1-bathroom, 1-car space unit, you will skyrocket to the top of their Dream Home lists and keep your tenants in touch with their social life.
Step into a beautiful, efficient contemporary kitchen with electric cooking and stainless-steel appliances. This overlooks and stretches into an open plan living and dining complete with air-conditioning. From here, open the doors wide and take in the huge undercover patio. This space is perfect for tenants who love entertaining friends and family (or want to pre-game before the club without making a mess).
The bedrooms are both carpeted and come with built-in wardrobes and fans. They also lead out to the courtyard which expands the patio into the sunlight and provides a back entrance onto the property. In the bathroom is a quaint shelf beneath the mirror for extra storage, as well as a separate laundry area, and combined bath and shower.
The location is the best feature of this lucrative unit. At the edge of Fortitude Valley's entertainment and retail precinct, tenants will be close to numerous renowned bars and restaurants like El Camino, Happy Boy, Cloudland, and heaps more, as well as several parks. Within walking distance, they also have the Brisbane Showgrounds, the Tivoli, and Old Museum Brisbane. And when they need to travel around the city, Exhibition Station and Fortitude Station are just a few minutes away.
Read on for the most lucrative features of your new investment:
2 x spacious bedrooms with built-in wardrobes, fans, and private access to a large courtyard.
1 x modern bathroom with extra storage and combined bath and shower.
1 x secure, off-street parking space.
Open plan living, dining, and kitchen with stainless-steel appliances, electric cooking, and air conditioning.
Large undercover patio that expands into the courtyard, perfect for young tenants who love entertaining, or plant enthusiasts.
Best location in Brisbane with El Camino, Happy Boy, Cloudland, Brisbane Showgrounds, Tivoli, and Old Museum Brisbane all close by, as well as parks and public transport.
Read on for important investment information:
Rental Rate: Currently rented at $385 per week.
Council Rate: Approx $1700 per year.
Body Corp: Approx $4800 per year.
Desirable tenants fresh into the rental world will line up to hand in their applications for this beautiful modern unit. Contact Phil at 0447048961 or Phil@xperiencerealty.com.au to book an inspection before you miss out on this incredible opportunity.
Disclaimer: Xperience Realty has been furnished with the above information, however, the Office and the Agent provides no guarantees, undertakings or warnings concerning the accuracy, completeness or up-to-date nature of the information provided by the Vendor or other Persons. All interested parties are responsible for their own independent inquiries in order to determine whether or not this information is in fact accurate.
Property History for 17/587 Gregory Tce, Fortitude Valley, QLD 4006
- 31 Mar 2022Listed for Sale Offers Above $399,000
- 16 Nov 2016Listed for Sale Offers $380,000
Recent sales nearby
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About Fortitude Valley 4006
The size of Fortitude Valley is approximately 1.4 square kilometres. It has 2 parks covering nearly 1.5% of 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 -38.83% decrease in median value, while Units have seen a 76.73% increase. As at 31 December 2025:
- The median value for Houses in Fortitude Valley is $780,202 while the median value for Units is $695,882.
- Houses have a median rent of $650 while Units have a median rent of $630.
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