58/586 Ann StreetFortitude Valley QLD 4006
Property Details for 58/586 Ann St, Fortitude Valley
58/586 Ann St, Fortitude Valley is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 69m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in October 2024.
Last Listing description (April 2025)
Life in Fortitude Valley is like having the best of both worlds-modern, at-your-doorstep convenience sprinkled with a laid-back lifestyle.
Here at Cathedral Place, you've got all the energy of living on the cusp of a bustling city with the chilled-out vibe the complex is famous for. Think cafs on every corner, where the barista knows your name (and your coffee order). Sunbaking on the sand? Footsteps away thanks to the two resort pools onsite. And let's not forget the Riverwalk, where your morning run comes with stunning views of the Story Bridge and Brisbane River.
Boasting a 70m2 floor plan, this one-bedder enables its occupants to find their own comfort zone - chopping up a salad in the house-sized kitchen, exercising your green thumb with your pots on your wide balcony (a great space for when friends drop by), or spreading out with the Sunday paper in bed.
With a rental expectation of $500-$550pw, the potential to live in the apartment (while you do a little bit of value-adding), then rent it out in a year's time becomes a very attractive proposition.
Sounds pretty ideal, doesn't it?
YOU'LL LOVE . . .
+ Shopping on the Queen St mall followed by cocktails at the Hilton
+ Hopping on a CityCat for a different way to get to GOMA
+ Jumping on the M1 for a quick weekend getaway to Noosa
+ Checking out the Italian Film Festival at the Palace on James St
+ Catching an uber to the airport from your building's porte cochere entry
INSIDER'S SECRET . . .
+ When your cousins drop by, take them to Holey Moley Golf Club, just down the street for some playful putt-putt action, then icecreams at Messina and a bbq overlooking the pool afterwards!
Notable Features:
- Level 4 of Kensington Building Facing Ann St with city views
- Vacant ready to move in or rent out Potential rental return of $500-$550 per week
- Internal: 50m2 External: 20m2 Total Area: 70m2
- Body Corporate: $1200 per quarter approx
- Council Rates: $470 per quarter approx
- Potential rental return of $500-$550 per week
- Pet Friendly Complex Subject to Body Corporate Approval
For more information and to arrange an inspection contact JJ Macalino on 0405223269 today!
Disclaimer:
All information contained herein is gathered from sources we consider to be reliable however we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.
Property History for 58/586 Ann St, Fortitude Valley, QLD 4006
- 15 Oct 2024Sold for $420,000
- 04 Oct 2024Listed for Sale UNDER CONTRACT
- 03 Mar 2014Sold for $310,000
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 8,303 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:
- 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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