48 Prospect Street, Fortitude Valley, QLD 4006 | Property Value & History | OnTheHouse
 
FOR SALE

48 Prospect Street
Fortitude Valley QLD 4006

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 116m2
Land area: 253m2
Improve this data
This property is currently on the market
Fortitude Valley Gem | Rare Owner Occupier Opportunity
View Listing
Share
Save

Property Details for 48 Prospect St, Fortitude Valley

Building Type
Commercial
Year Built
1920
Floor Size
116m2
Land Size
253m2
Local Government
Brisbane
Lot/Plan
12/RP10013

Last Listing description (May 2026)

48 Prospect Street, Fortitude Valley, Brisbane, Qld

RWC Queensland has the pleasure to offer a rare opportunity for Owner Occupiers to purchase a unique and beautifully refurbished 204m* freehold commercial building (with two street frontages) situated just 1.5 kilometres* from the Brisbane CBD in one of Brisbane's most exciting commercial and lifestyle precincts.

- Positioned in a major growth corridor and within walking distance to some of the best retail and lifestyle amenity in Brisbane: Gasworks (400 metres*); Emporium (300 metres*); James Street Precinct (600 metres*); and Brisbane Showgrounds Precinct (600 metres*).

- Situated next to 'Homemaker The Valley' centre which includes a Goodlife Health Club, Green Bean Coffee, Caf 63, and ALDI Supermarket.
- Short walk to both Fortitude Valley and Bowen Hills Train Stations - 2 of only 4 stations in Brisbane servicing all lines in the network.
- Land Area - 253m*.
- Two Street Frontages - Prospect Street and Rosetta Street.
- Building Area - 204m* over two levels.
- Car Parking - 2 bays on-site accessed via Rosetta Street.
- Existing Use - Showroom and Offices.
- Currently leased to Ace Stone Pty Ltd who will be vacating the building early 2027.
- Zoned CR2 Character (Infill Housing).
- Zoning allows for non-residential uses including office, shop, childcare centre, health care service, veterinary service, community care centre, or community use together with any associated caretaker's accommodation or dwelling unit) providing the gross floor area is less than 250m. Development for rooming accommodation accommodates 5 persons or less.
- No flood inundation in past flood events.

As the exclusive marketing agents, we encourage your strong consideration of this rare and unique property and look forward to assisting you with your enquiries.

For Sale via Expressions of Interest campaign closing Thursday 04 June 2026 at 1.00pm (AEST).

*Approximately

Show More

Property History for 48 Prospect St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$748,000
17 Jun 2010
Listed for Rent
$621/w
08 May 2010
  • 06 May 2026
    Listed for Sale Contact Agent
  • 17 Jun 2010
    Sold for $748,000
  • 26 Apr 2010
    Listed for Sale Not Disclosed
Sign in to see more transactions
Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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 8,291 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.
There are currently 62 properties listed for sale, and 38 properties listed for rent in Fortitude valley on OnTheHouse. According to Cotality's data, 638 properties were sold in the past 12 months in Fortitude valley.

Fortitude Valley Profile Page

Suburb Insights for Fortitude Valley 4006

Visit Fortitude Valley profile page
Market Insights
Fortitude Valley Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Fortitude Valley Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Fortitude Valley profile page
Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED