38/586 Ann St, Fortitude Valley is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 70m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 2 bedroom Unit sold in Fortitude Valley in the last 12 months.
For the Investor:
Rental Appraisal: $660 - $680/week
Rates: $448.10/qtr (subject to change)
Perfectly positioned at 586 Ann Street in the sought-after Cathedral Place complex, this two-bedroom apartment offers an unbeatable lifestyle with resort-style facilities, and walk-everywhere convenience. Whether you're a first home buyer, downsizer, or investor, this is an opportunity to secure a spacious inner-city apartment right in between the Brisbane CBD and Fortitude Valley.
The open-plan layout includes a generous living and dining space with timber-look floors, air conditioning, and sliding doors opening to a large covered balcony ideal for entertaining or relaxing. The kitchen is fitted with a gas cooktop, oven, dishwasher, and ample cabinetry. Both bedrooms have built-in robes and are serviced by a central bathroom with a separate toilet and European-style laundry.
Enjoy exclusive access to two stunning resort pools, BBQ areas, tropical gardens, and secure parking.
With Brisbane CBD, Howard Smith Wharves, and James Street all within walking distance, this one ticks every box for location, lifestyle, and long-term growth.
Property Features:
• Two Bedrooms + Built-in Robes
• One Bathroom + Separate Toilet & Internal Laundry
• Spacious Living Area with Timber-look Flooring
• Split System Air Conditioning
• Covered Balcony + City Glimpses
• Kitchen with Gas Cooktop + Dishwasher
• Secure Building + Intercom Access
• Single Basement Car Space
• Resort-Style Facilities inc. Lagoon + Lap Pool, Spa & BBQ
Location Highlights:
• All Hallows' School – directly across the road
• 2-minute walk to Howard Smith Wharves
• 3-minute walk to Fortitude Valley Station
• 4-minute walk to Brisbane Central State School
• 5-minute walk to Brisbane CBD
• 6-minute walk to Chinatown Mall
• 8-minute walk to James Street Precinct
• 9-minute walk to Woolworths Metro Spring Hill
• 11-minute walk to St Joseph's College Gregory Terrace
• 12-minute walk to St James College
Disclaimer:
STRUD Property has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
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 8,303 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:
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