404/31 Bank Street, West End, QLD 4101 | Property Value & History | OnTheHouse
OFF MARKET

404/31 Bank Street
West End QLD 4101

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 64m2
Land area: 74m2
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Property Details for 404/31 Bank St, West End

404/31 Bank St, West End is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 74m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
Unit
Year Built
2015
Floor Size
64m2
Land Size
74m2
Local Government
Brisbane
Lot/Plan
404/SP256401

Last Listing description (January 2023)

Is this the best value priced apartment in West End?

The ‘Onyx Residence’ encapsulates true inner city living benefits in a newly constructed apartment building comprising of a limited number of units; the smart, value-driven choice for our couples, investors and professionals of today. Wellness and relaxation can be found not only in the urban West End surrounds, but also by sitting on your private balcony where sunset views magically illuminate your Friday afternoon wines and cheeseboard. Timeless, modern, and extremely livable would best describe apartment 404’s functional yet stylish floor plan with two bedrooms and two bathrooms. West End’s genuine community feel radiates comfort and character, one in which advocates for sustainability and growth within modern society ideals. So, when you question if this is truly the best value for your money, ensure you keep your eyes on the price and your mind on the endless benefits to be reaped.

From the flawless slick foyer entrance with security, to the boutique building charm and the private lift access with secure basement parking, you will immediately be made to feel safe at home. The apartments open plan living and dining area is cooled with Daiken split-cycle air-conditioning or by the sliding glass double doors providing light and fresh breezes to make entertaining both inclusive and enjoyable. The concrete finish ceilings and track lighting create an industrial finish to the space complimented with the wood finish planking floors. The ease of operating in the space is furthered with the simplistic open kitchen layout. It features a SMEG oven, black Caesarstone benchtops, concealed dishwasher, and electric stovetop. This kitchen has an abundance of dark timber cabinetry with hidden spaces specifically designed to hide appliances including your fridge, laundry with sink, and general storage creating a minimal aesthetic through clutter-free living.

Two sizable and premium carpeted bedrooms are equipped with double over-height doors, built-in robes, blinds, and Daikin air-conditioners with the master bedroom featuring its own ensuite. Both bathrooms have a modern essence, each with a shower, toilet and a vanity with storage and a mirror. From the light-filled second bedroom, you are drawn to walk through to the entertaining balcony that not only provides enviable room to lounge or dine but presents those scenic inner-city and surrounding views. The bonus here is that the aspect is perfect, being North-Easterly, to capture those all-important prevailing summer breezes or morning sun in winter.

The complex offers 2 levels of secure basement parking with its own car space in addition to a basement storage cage. Situated in the popular inner-city suburb of West End, there is not much that is not within a short walk or drive from the building; just over 2km from the Brisbane CBD. This apartment truly encapsulates the idea of connectivity of open spaces with functionality for easy and multipurpose living to complement the inclusivity that West End proudly projects.

With your eyes on the price and a full appreciation of the value for money, your choice is simple.

Summary of features:
- Two premium carpeted bedrooms with built-in robes and Daiken air-conditioning
- Sizable entertaining balcony, with inner-city and surround views, accessible from the living or second bedroom
- Recently built and furnished apartment constructed in 2015 with 30 apartments and low body corporate fees
- security camera and intercom entry, secure basement with allocated car space and cage storage.
- Private lift or stairwell access
- Built in hidden laundry with sink and storage
- Ducted Daikin split-cycle air-conditioning throughout
- Modern main bathroom and master ensuite bathroom
- Open plan kitchen with neutral colour scheme, integrated fridge, and dishwasher, and plenty of cupboard space
- Wood finish planking flooring throughout open plan living and dining area with roller blinds for privacy
- Vibrant and diverse community that embraces inclusivity
- 2-minute walk to West Village as this apartment building backs onto the new development of 2.6-hectare mixed use and master planned community where the heritage listed Peters Ice Cream Factories once operated out of. Australian and international cuisines, fresh produce and gourmet goods, specialty providores, wellness providers with Woolworths, Harris Farm Deli, BWS, Goodlife Health Clubs and more.
- Close proximity to world renowned galleries, museums and performing arts centres
- 700m to the Brisbane River, West End rowing sheds and Davies Park, which is home to the Souths Rugby League Club and the iconic Saturday farmers markets
- Multiple public transport options; various bus stops within West End as well as the Cultural Centre Busway Station, 1.6km to the Southbank City Cat

Currently tenanted until 31st January 2022, immediate investment is possible and booking now to inspect is a must!

For Sale Now at Offers Over $495,000

Property Legal Description: L403 SP256401
Brisbane City Council Rates: $430.40 gross per quarter
Balance of Sinking fund at 28/02/2021 was $132,987.98
Body Corporate Fees: Admin $375.73 P.Q. - Sinking $552.13 P.Q
Title Reference: 50981131
Lease: Fixed $450 Per Week (Expiry 31st of Jan 2022)

Property History for 404/31 Bank St, West End, QLD 4101

A timeline of how this property has performed in the market
Last Sold
$500,000
08 Dec 2021
Listed for Rent
$450/w
27 Jan 2021
  • 08 Dec 2021
    Sold for $500,000
  • 08 Jul 2021
    Listed for Sale Offers Over $495,000
  • 21 Jan 2020
    Listed for Rent $440 / week
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About West End 4101

The size of West End is approximately 2.3 square kilometres. It has 4 parks covering nearly 6.7% of total area. The population of West End in 2016 was 9474 people. By 2021 the population was 14730 showing a population growth of 55.5% in the area during that time. The predominant age group in West End is 20-29 years. Households in West End are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West End work in a professional occupation.In 2021, 39.50% of the homes in West End were owner-occupied compared with 38.70% in 2016.

West End has 9,405 properties. Over the last 5 years, Houses in West End have seen a 63.85% increase in median value, while Units have seen a 92.41% increase. As at 31 December 2025:

  • The median value for Houses in West End is $1,991,474 while the median value for Units is $987,189.
  • Houses have a median rent of $760 while Units have a median rent of $750.
There are currently 35 properties listed for sale, and 36 properties listed for rent in West end on OnTheHouse. According to Cotality's data, 455 properties were sold in the past 12 months in West end.

Suburb Insights for West End 4101

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Cotality Copyright and Legal Disclaimers about Property Data
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.