415/38 Warner StreetFortitude Valley QLD 4006
Property Details for 415/38 Warner St, Fortitude Valley
415/38 Warner St, Fortitude Valley is a 2 bedroom, 1 bathroom Unit and was built in 1930. The property has a land size of 100m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in November 2019.
Last Listing description (December 2019)
Looking for a low-maintenance, high-returning investment in the heart of Fortitude Valley? This classical gem is an opportunity not to be missed!
Located on the fourth level of the heritage-listed McWhirters building, this apartment perfectly blends old-world charm and modern convenience. Eyes will immediately be drawn to the soaring 4m high ceilings, original timber flooring and warehouse windows that fill the spacious apartment with natural light. The sleek-modern kitchen comes complete with Ceaser stone benchtops, top of the range appliances, and the highest quality cabinetry and hardware.
The split-level floor plan provides the best of open-plan living with an abundance of space to be found in every room. Both Queen size bedrooms are complete with study nooks and built-in robes. The full-size bathroom could easily be split in half to immediately add even more value to the apartment.
And what of the rental returns? The apartment currently averages $2,500 (net) per month on Airbnb BUT there is potential to increase this much further. The current owners had kept almost 30% of dates unavailable for their own private use. All other dates that were made available had an amazing 99% occupancy rate. Open up the full calendar and easily push profits to over $3K per month!
Its is easy to see why it is so highly sought after with its central location. World-class music halls, restaurants, bars and boutique shops are literally at your door-step. The Fortitude Valley area is Brisbane's fastest-growing and most exciting precinct, come along and see why.
Features you will love
- Two-bedroom, one-bathroom apartment
- Light-filled modern layout with soaring ceilings
- Fibre to the basement internet
- Exceptional Airbnb returns
- Live just steps from everything Fortitude Valley has to offer
- Cafes, shops, restaurants, bars and transport links all moments away
Capitalise on the amazing location and secure this prime piece of real estate by organising an inspection today with Steven Webster on 0433 984 117.
Property History for 415/38 Warner St, Fortitude Valley, QLD 4006
- 14 Nov 2019Sold for $440,000
- 11 Nov 2019Listed for Sale Contact Agent
- 26 Jul 2013Sold for $425,000
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 8,306 properties. Over the last 5 years, Houses in Fortitude Valley have seen a -48.08% decrease in median value, while Units have seen a 76.70% increase. As at 31 January 2026:
- The median value for Houses in Fortitude Valley is $776,939 while the median value for Units is $718,836.
- Houses have a median rent of $650 while Units have a median rent of $650.
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