1005/348 Water Street, Fortitude Valley, QLD 4006 sold on 06 March 2025 | OnTheHouse
 
SOLD
Sold on 06 Mar 2025 for $493,000

1005/348 Water Street
Fortitude Valley QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 1005/348 Water St, Fortitude Valley

1005/348 Water St, Fortitude Valley is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in March 2025. There are other 1 bedroom Apartment sold in Fortitude Valley in the last 12 months.

Building Type
Apartment

Last Listing description (March 2025)

This stunning, modern, one-bedroom apartment is truly impressive! The open-plan living area is filled with natural light, creating a bright and welcoming atmosphere. Enjoy panoramic views from the balcony on the 10th floor. With these amazing features, this apartment delivers the best of inner-city, resort-style living!

Located in the vibrant 'Central Village' complex, you'll be at the heart of Brisbane's lifestyle district, complete with an on-site management office for a hassle-free living experience. Enjoy resort-style amenities such as a lagoon pool surrounded by lush gardens, a fully-equipped gym, rooftop BBQ areas, and a common space featuring a full-size pool table. Residents absolutely love calling this complex home!

Property Features:

- Bright and beautiful open-plan living and dining space, bathed in natural light
- Balcony offering breathtaking views to enjoy alone or with family/friends
- Stylish kitchen with generous cupboard space, electric cooktop, oven, microwave, and dishwasher
- Built-in desk design for work or study at home
- Spacious bedroom with built-in wardrobes, providing ample storage
- Well-proportioned and light-filled bathroom
- Air-conditioning throughout, plus ceiling fans in the living room and bedroom
- Modern, white tiled finishes throughout
- Separate laundry with included clothes dryer
- Secure undercover parking spot

More information:
*Total Area: 62sqm
*Body Corp: $1,714.71 every 4 months approx (around $5144.13 per year/ $98.92 per week)
*Council Rates: $508.65 p.q. approx
*Current tenant lease to 04/09/2025 at $570 per week
*The Building: Built in 2014 Cambridge Towers has a total of 165 apartments spread over 19 Floors
*Pet friendly complex

Living is easy with public transport connections such as Fortitude Valley Train Station, King Street, and Bus Stops all within a 10-minute walk from your doorstep.

- 0m to the closest Cafe, Supermarket, Swimming pool, Gym
- 80m to the bus stop
- 350m to Brisbane Exhibition Grounds
- 400m to King Street Dining Precinct
- 450m to Fortitude Valley Train Station and Woolworths
- 550m to Bank branch and Australia Post
- 650m to Fortitude Valley China Town
- 1km to Royal Brisbane and Women's Hospital (RBHW)
- Less than 2km to Brisbane CBD

Disclaimer: The information contained in this website has been prepared by Invech Corporation Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify, and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this website.

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Property History for 1005/348 Water St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$493,000
06 Mar 2025
Listed for Rent
$273/w
30 Oct 2020
  • 06 Mar 2025
    Sold for $493,000
  • 25 Feb 2025
    Listed for Sale Property Sold - Under Contract in 9 Days
  • 21 Aug 2024
    Listed for Rent $570 / week
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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 8,306 properties. Over the last 5 years, Houses in Fortitude Valley have seen a -45.40% decrease in median value, while Units have seen a 71.90% increase. As at 31 October 2025:

  • The median value for Houses in Fortitude Valley is $755,125 while the median value for Units is $661,646.
  • Houses have a median rent of $650 while Units have a median rent of $620.
There are currently 43 properties listed for sale, and 41 properties listed for rent in Fortitude valley on OnTheHouse. According to Cotality's data, 607 properties were sold in the past 12 months in Fortitude valley.

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Judy Chu
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Australian Property Alliance Management
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