62/586 Ann Street, Fortitude Valley, QLD 4006 sold on 29 July 2025 | OnTheHouse
 
SOLD
Sold on 29 Jul 2025 for $550,000

62/586 Ann Street
Fortitude Valley QLD 4006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 62/586 Ann St, Fortitude Valley

62/586 Ann St, Fortitude Valley is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 2 bedroom Apartment sold in Fortitude Valley in the last 12 months.

Building Type
Apartment

Last Listing description (July 2025)

Step inside and feel the calm. Apartment 62 offers a quiet escape from the pace of city life - set within the iconic Cathedral Place, where lifestyle, location and liveability come together.

From the moment you enter, you're greeted by a clear line of sight through to the balcony, framed by lush palm trees and filtered northern light. It's this green outlook and rare sense of privacy that make the apartment feel more like a retreat than a residence.

At the centre of the apartment is a spacious open-plan living and dining zone with hybrid timber flooring, connecting effortlessly to an oversized L-shaped balcony - ideal for entertaining or winding down. The kitchen is practical and well-positioned, with generous cabinetry, stainless steel appliances, gas cooking, and bold retro-inspired finishes that add character and colour.

The main bedroom is quietly set at the rear, complete with built-in robe, ceiling fan, and direct balcony access with a lush, leafy outlook - a standout feature that provides natural light and a peaceful garden feel. The second bedroom includes mirrored built-ins and ceiling fan, positioned with privacy in mind and ideal as a guest room or home office.

Other features include:
- Secure, covered car space
- Internal laundry with floating dryer
- Generous bathroom with matching vanity and shower finishes
- Excellent internal storage, including pantry + linen
- Positioned on the quieter side of the complex

Residents at Cathedral Place enjoy resort-style amenities including:
- Lagoon pool with lush tropical surrounds
- BBQ and entertainment zones

And the location? Unmatched.
James Street, Chinatown, Howard Smith Wharves and Brisbane CBD are all within easy walking distance, putting cafés, bars, shopping and culture at your doorstep.

Whether you're buying to live in or lease out, Apartment 62 delivers lifestyle, convenience, and long-term value.

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Property History for 62/586 Ann St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$550,000
29 Jul 2025
Listed for Rent
$500/w
25 May 2016
  • 29 Jul 2025
    Sold for $550,000
  • 17 May 2025
    Listed for Sale Low to Mid $500,000's
  • 24 May 2016
    Listed for Rent - Price not available
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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 8,310 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.
There are currently 49 properties listed for sale, and 45 properties listed for rent in Fortitude valley on OnTheHouse. According to Cotality's data, 592 properties were sold in the past 12 months in Fortitude valley.

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Bryce Osborne
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