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QLD › Fortitude Valley › Gotha St

UA49, 41 Gotha St, Fortitude Valley QLD 4006

For saleApartment

$680,000

For sale

Asking

2

Bedrooms

1

Bathrooms

1

Car spaces

75 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $680,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $680,000(Listing record · 14 July 2026)
  • CalculationIf it leased at Fortitude Valley's advertised median rent ($707/wk), implied gross yield would be 5.41% — 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

$680,000

Asking · $9,067/m² of land

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
$680,000
Stamp Duty (Queensland)
$23,625
Transfer/Registration Fee
$2,576
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
$709,901

$29,901 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
3.91%
Annual cashflow (pre-tax)
$-8,796
Interest cover (DSCR)
0.75
Annual rent
$36,764
Operating expenses
$10,200
Loan amount
$544,000
Annual interest
$35,360
Gross yield
5.41%

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$680,000available14 July 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 5.4%. 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 Graczyk Thompson

Prime Position, Proven Returns & Future Potential

Welcome to Cathedral Place, where lifestyle, convenience, and investment potential come together in one of Brisbane's most sought-after inner-city locations. Whether you are an investor looking for immediate returns or a first home buyer planning ahead, this fully furnished apartment presents an exceptional opportunity to secure a foothold in the heart of Fortitude Valley.

Currently leased at $730 per week until November 2026, the property provides strong income from day one while offering future flexibility to move in and enjoy the unbeatable inner-city lifestyle yourself.

Inside, the apartment offers a spacious and functional layout with floorboards throughout the living areas and near-new carpet in both bedrooms. Both bedrooms feature built-in robes and air-conditioning, while the main bedroom opens directly onto the oversized covered balcony overlooking the pool area, the perfect place to relax or entertain.

Read the full description

The modern kitchen includes an electric cooktop, dishwasher, moveable island bench, and generous storage, while the open-plan living and dining area flows effortlessly to the outdoor space. Additional features include air-conditioning throughout, internal laundry, and a secure undercover car space.

Cathedral Place is renowned for its resort-style facilities including two swimming pools, spa, BBQ area, secure swipe access, lift access, and intercom security. Positioned only moments from Howard Smith Wharves, James Street, Gasworks Plaza, public transport, and Brisbane CBD, this is a lifestyle location that continues to attract both owner-occupiers and tenants alike.

Apartment Features:

- Oversized North facing covered balcony overlooking the pool area

- Floorboards throughout living areas & carpet to both bedrooms

- Air-conditioning throughout

- Both bedrooms feature air-conditioning and built-in-robes, with the main bedroom featuring direct access to the balcony

- Modern kitchen with electric cooktop, dishwasher, moveable island bench and lots of storage

- Main bathroom has a large shower and internal laundry

- Single secure undercover car space

Investment Highlights:

- Tenanted at $730 per week until November 2026

- Rental appraisal: $730 - $780 per week

-

- Immediate income from settlement

- High-demand location with strong long-term capital growth potential

Building Features:

- Two resort style pools and spa

- BBQ facilities

- Secure swipe access

- Intercom

- Lift access

Location Highlights:

- 750m to Brisbane CBD

- 1.5km's to Royal Brisbane Women's Hospital

- 2km's to proposed 2032 Victoria Park Olympic Stadium

- Walk to Howard Smith Wharves, James St, Gasworks & Emporium

- Moments to Spring Hill Woolworths

- Public transport on your doorstep; bus, train, and ferry nearby

Please contact Blair on 0468 791 950 or blair@gtpartners.com.au to book an inspection of this property.

* Every care and due diligence has been taken in the preparation of this listing. The agency and owner assume no responsibility for the accuracy of the content, and encourage all prospective tenants to conduct their own research.

Listing description written by Blair Mutch, Graczyk Thompson — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Dishwasher
  • Floorboards
  • Fully Fenced
  • Intercom
  • Outdoor Entertaining
  • Outside Spa
  • In-Ground Pool
  • Remote Garage
  • Reverse Cycle Aircon
  • Secure Parking

Also look at

Also for sale in Fortitude Valley

  • E37/41 Gotha St, Fortitude Valley QLD 4006

    2-bed apartment. Asking $699K.

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  • A24/41 Gotha St, Fortitude Valley QLD 4006

    1-bed apartment. Currently listed.

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  • U116, 41 Gotha St, Fortitude Valley QLD 4006

    1-bed apartment. Asking $570K.

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  • Level 3 / 41 Gotha St, Fortitude Valley QLD 4006

    1-bed apartment. Currently listed.

    For sale
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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.