The news and media like to tell us that there is no affordable housing for first home owners especially in the inner city of Brisbane . THE NEW YORKER defies that myth .

5/460 ANN STREET, BRISBANE CITY is one of the bigger floor plans at 55 sqm and is conveniently located bordering Fortitude Valley, Spring Hill and the Brisbane CBD. The New Yorker is an old warehouse built in the 1920s that was converted into apartments in the 1990s. The building has a lot of charm and character featuring 3.9 meter ceilings , timber floors and exposed wooden beams.


-There are two separate bedrooms.
– Outdoor area that possibly could be built in for more living space .
-This property works really well as an Airbnb and can run consistently at over
90% occupancy.
-Its quite easily can bring in over $700 per week if you are looking for a hands
on investment.
– Owners and guests love the central CBD location.
– It also has been rented for $420 per week on a long term lease.
– Or you could live in one of the bedrooms and rent out the other for some extra
income .
– For owner occupiers the apartment could really suit a student
or inner city worker as a car is not needed as you can walk to everthing in
– Would be fantastic inner city pad with a nice modern renovation .
– There is an onsite manager, Gym, and Spa bath on the Ground floor.
Woolworths Spring Hill is right next door for convenience .
– For long term investors there is always the possibility that the New Yorker
building along with the vacant block next door will be the target of a
redevelopment project in the future . The Olympics is coming to Brisbane in
2032 which will have a very positive effect on inner city property.

Outgoings are as follows (Approximately)…
Rates $400 per quarter
Water $400 per quarter
Body Corporate $80 approx per week (Much Lower that the average Brisbane CBD apartment)

The apartment features built in Air Conditioning and is fully furnished and comes with the furniture currently in the apartment .

Included in sale –

-Washing Machine
-Dish Washer
-Kitchen utensils, Cups, Plates etc

The restaurants and night life of Fortitude Valley are less than 10 minutes walk.
The river walk and City Cat ferry terminal are less than 10 minutes walk.
Central station is conveniently located at the other end of Ann Street.
Queen Street Mall is about 10 minutes walk .

please call Salvatore or text anytime on 0410 123 625 or email to or email via REA for info . Also this apartment is only viewable at open for inspection times .