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QLD › Fortitude Valley › Gotha St

E37/41 Gotha St, Fortitude Valley QLD 4006

For saleApartment

$699,000

For sale

Asking

2

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $699,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $699,000(Listing record · 19 June 2026)
  • CalculationIf it leased at Fortitude Valley's advertised median rent ($707/wk), implied gross yield would be 5.26% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$699,000

Asking

No recorded sale for this property.

Fortitude Valley at a glance

12,108

People

No data

Median sale

$707/wk

Median rent

No data

Suburb gross yield

See the full Fortitude Valley report →

Total cost to purchase

Purchase Price
$699,000
Stamp Duty (Queensland)
$24,480
Transfer/Registration Fee
$2,669
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$729,849

$30,849 on top of the price (4.4% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Fortitude Valley's advertised median rent — not a rent for this listing.

Net yield
3.76%
Annual cashflow (pre-tax)
$-10,069
Interest cover (DSCR)
0.72
Annual rent
$36,764
Operating expenses
$10,485
Loan amount
$559,200
Annual interest
$36,348
Gross yield
5.26%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

For more information on this property, visit Queensland Globe↗.

Records

Property history

  1. Listed$699,000available19 June 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $707/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 5.3%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Fortitude Valley in one glance

Fortitude Valley at a glance

12,108

People

No data

Median sale

$707/wk

Median rent

No data

Suburb gross yield

See the full Fortitude Valley report →

Keep researching

  • Why Fortitude Valley? Read the area thesis →
  • What else is on the market in Fortitude Valley →
  • Other records on Gotha St →

Listing material

Listed by Australian Property Management Alliance

Renovated & Balcony Enclosed 2-Bedroom Resort-Style Apartment in the Heart of the CBD!

Perfectly positioned within the highly sought-after Cathedral Place precinct, this beautifully renovated two-bedroom apartment offers exceptional space, comfort and lifestyle in one of Brisbane's most convenient inner-city locations.

Unlike many inner-city apartments, this residence boasts an expansive 83 square meters floorplan, enhanced by a fully enclosed balcony that creates additional living space ideal for a home office, dining area, sunroom or entertaining zone. Stylishly updated throughout and ready to move straight in, this is a rare opportunity for owner-occupiers and investors alike.

Property Highlights

Read the full description

Fully renovated with modern finishes throughout

Fully enclosed balcony providing valuable additional living space

Floor plan 83 square meters. Spacious and functional 98 Square meters total area:

Internal 62 + Enclosed Balcony 21 + Car Space 15 = Total Area: 98 Square meters

Desirable North-East aspect with excellent natural light and airflow

New hard flooring throughout the living area and both bedrooms

New light fittings and ceiling fans throughout

New Modernised kitchen with ample storage

Updated bathroom with new vanity, cabinetry and shower screen

Strong rental return of $730 per week

Airbnb-friendly with no restrictions on short-term accommodation

Pet-friendly (subject to Body Corporate approval)

Excellent opportunity for both owner-occupiers and investors

Apartment Features

E Block, Level 2

Desirable North-East aspect

2 generous bedrooms

1.5 bathrooms (has a separate toilet)

1 secure car space (Basement 2)

Open-plan living and dining area

Fully enclosed balcony facing North-East, best Fengshui Aspect.

Air-conditioned living area

New Modern kitchen with ample storage

New Bathroom Vanity, Cupboard & shower screen.

Secure building access and lift access

Financial Snapshot

Body Corporate: $1,647.10 per quarter

Brisbane City Council Rates: $552.05 per quarter

Urban Utilities: $334.21 per quarter

Current Rental Return: $730 per week. Strong tenant demand in this prime inner-city location

No restrictions on short-term rentals (e.g., Airbnb) - perfect for maximizing returns!

Complex: Resort-Style Facilities

Enjoy access to Cathedral Place's premium resident facilities, including:

Crystal-clear lagoon pools

25m lap pool

Man-made beach

Heated spa

3 BBQ and entertainment areas

24-hour onsite security

Professional onsite management

Pet-Friendly: Subject to Body Corporate approval.

Unbeatable Location

Enjoy the convenience of living within walking distance of Brisbane's best dining, entertainment, education and transport options.

Transport

Bus Stops: 10m-140m

Fortitude Valley Train Station: 500m

Story Bridge Access: 200m

Riverside Ferry Terminal: 1km

Brisbane Airport: 14km

Lifestyle

Fortitude Valley Entertainment Precinct: 100m

Chinatown: 290m

Woolworths: 400m

James Street Precinct: 1.2km

Brisbane CBD: 1.8km

Education

All Hallows' School: 100m

St James College: 300m

Brisbane Central State School: 450m

St Joseph's College: 710m

Brisbane Girls Grammar School: 1.2km

Kelvin Grove State College: 2.9km

Queensland University of Technology (QUT): 2.6km

Healthcare

Royal Brisbane & Women's Hospital: 1.6km

Mater Hospital & Queensland Children's Hospital: 4km

Inspection with on-site management Amanda Qiao

For inspections, please contact Amanda (0431 665 517) and meet at the Cathedral Place Management Reception, located opposite Centenary Place Park.

Complex Address: 41 Gotha Street, Fortitude Valley QLD 4006

There are 2 car parks underground at Cathedral Place. Visitors to the left and residents to the right.

All offers are invited.

Foreign purchasers requiring FIRB approval are encouraged to make their own enquiries prior to purchase.

Disclaimer:

Whilst every effort has been made to ensure the accuracy of the information provided, interested parties should rely on their own enquiries and independent investigations.

Listing description written by Amanda Qiao, Australian Property Management Alliance — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Balcony
  • Broadband
  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Living Areas: 1
  • Outdoor Entertaining
  • Outside Spa
  • In-Ground Pool
  • Remote Garage
  • Secure Parking
  • Toilets: 1
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.