215/587 Gregory TerraceFortitude Valley QLD 4006
Property Details for 215/587 Gregory Tce, Fortitude Valley
215/587 Gregory Tce, Fortitude Valley is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 91m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in June 2021.
Last Listing description (December 2020)
Price Reduction! - Motivated Seller!
Whether you are purchasing to live in to enjoy a convenient lifestyle or whether you are a savvy investor looking for an excellent return this large north east facing apartment is certainly worthy of an inspection. Light, airy and modern this two bedroom apartment with lift access is situated in a secure resort style complex with excellent on-site management. Facilities include heated pool and spa as well as a well equipped gymnasium.
You wont beat the location! Close to public transport and with the CBD and Royal Brisbane and Womens Hospital a stones throw away it is also within walking distance to many cafes, restaurants, bars and retails shops.
Features Include:
- Two bedrooms, two bathrooms
- Secure single car park
- Study nook
- Open-plan kitchen/dining/living
- Well maintained throughout.
- Resort-style pool
- Well equipped gymnasium
- Close to dining and retail precincts
- Large north east facing balcony
- Net rental return $24,000
Across the road from the Billion dollar RNA urban upgrade and seconds from the newly announced coffee precinct development in Water Street, this large second floor open plan apartment is also just a short walk from Valley restaurants, shops and nightclubs and RBH. Beautifully maintained and with access to heated pool and spa in addition to a well equipped gym, this property is currently tenanted and has achieved 100% occupancy over 3 years. Available for inspection by appointment, to inspect call Mo on 0408 196 583.
(3906171)
Property History for 215/587 Gregory Tce, Fortitude Valley, QLD 4006
- 08 Jun 2021Sold for $390,000
- 27 Jan 2020Sold for $380,000
- 04 Sep 2019Listed for Sale $399,000
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0About 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 8,300 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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