345/1000 Ann StreetFortitude Valley QLD 4006
Property Details for 345/1000 Ann St, Fortitude Valley
345/1000 Ann St, Fortitude Valley is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2003.
Last Listing description (September 2024)
Premium DHA-Leased Two-Bedroom Apartment Offering Hassle-Free Investment
** In accordance with DHA regulations we advise that this property will be available for private inspection only and to prequalified buyers only. Photos are supplied under agreement by DHA and are for illustration purposes only.
Just moments from exceptional retail and dining options, this fantastic apartment located within the 1000 Ann Village complex is a standout for an investor. It is currently leased to Defence Housing Australia (DHA) and is for sale on behalf of a DHA lessor. Rented at $650 per week (reviewed in December with new rent applied from 1 January), the initial lease has approximately 12 months remaining, expiring on 24/06/2025, plus a three-year option. Investment properties with a long secure lease term are highly sought after, however rarely offered to the market. Be quick, as this desirable property will not last long.
This apartment features:
- Ensuited master bedroom and a sizeable second bedroom, both featuring built-in wardrobes
- Large glass sliding doors seamlessly connect the central space to an expansive covered balcony
- Modern kitchen with stone benchtops, quality appliances and ample cupboard storage
- Combined main bathroom and laundry
- Secure parking for one car
- Complex amenities include a swimming pool, gymnasium and sauna
- Plentiful culinary options, with renowned cafes, restaurants and bars at street level
- Close proximity to James Street precinct, Gasworks Plaza and Howard Smith Wharves
- Fortitude Valley train station, city-bound bus stops and Teneriffe Ferry Terminal minutes away
DHA Lease Summary:
Lease end date: 24/06/2025 (Plus one three-year option)
Rent for 2024: $650 per week
DHA Lease Options and variations:
Lease option: 1 x up to 36 months (Note the option and right to vary is at DHA's discretion)
Right to vary: 1 x up to 12 months Reduction and 1 x up to 12 months Extension
- Rent is paid a month in advance and is reviewed in December every year by a registered valuer
- DHA Property Care, an all-inclusive service fee, covers a range of property related services
- DHA guarantee to pay the rent 52 weeks per year even if the property is vacant
- The property is cleaned at the end of each tenancy period
Visit www.dha.gov.au to learn about the benefits of investing in DHA property.
Disclaimer:
This property is being sold without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes
Property History for 345/1000 Ann St, Fortitude Valley, QLD 4006
- 06 Jun 2024Listed for Sale For Sale
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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 8,300 properties. Over the last 5 years, Houses in Fortitude Valley have seen a 45.31% increase in median value, while Units have seen a 85.90% increase. As at 30 April 2026:
- The median value for Houses in Fortitude Valley is $1,655,443 while the median value for Units is $770,912.
- Houses have a median rent of $710 while Units have a median rent of $650.
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