1502/348 Water StreetFortitude Valley QLD 4006
Property Details for 1502/348 Water St, Fortitude Valley
1502/348 Water St, Fortitude Valley is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 48m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in April 2023.
Last Listing description (May 2026)
Contact Judy Chu on 0401 620 672 to arrange an inspection today!
Open, modern layout, inner city lifestyle and location (less than 2km from the CBD) are yours to enjoy in this perfect home! The choice is all yours whether this stylish and well maintained apartment becomes your very own home or that quality investment you've been craving.
Located on the 15th floor of the "Cambridge Towers" building in Central Village with resort style amenities, Central Village is a development on the edge of Fortitude Valley and Spring Hill, and incorporates Cambridge and Oxford Towers with an on-site management office.
Rental information - Great Investment income for the property investor!
Current tenant lease until 12/04/2023. Fortitude Valley has strong rental growth with the potential to reach $430+ weekly rental income.
This stunning one-bedroom apartment offers the below features:
- Open plan combined living and dining area with ample natural lighting
- A modern kitchen featuring an elegant marble benchtop, and ample cupboard space for storage
- Kitchen includes a built-in microwave, electric cooktop, oven and dishwasher
- Additional study area with in-built desk
- Spacious bedroom with built-in wardrobes and view from level 15
- Large bathroom with great lighting
- Enclosed laundry area with a dryer included
- Tiled throughout in both the kitchen and living room areas
The complex features:
- A cosmopolitan lifestyle and convenience in a resort-style development
- Lagoon swimming pools with BBQ and seating facilities
- Pavilion room with a large snooker/pool table, TV and 2 large sitting areas
- A fully equipped gym and a large yoga lawn
- Private rooftop area with city views at level 19 - Capturing views over Brisbane's CBD and you can enjoy Riverfire from the Story Bridge!
- Secure building with CCTV, intercom, resident-only access and on-site management
Residents can obtain a Brisbane City Council Resident Street Parking Permit, 12 months for $15.
More information:
*Total Area: 48sqm
*Body Corp: $1,334.45 every 4 months approx (around $76.98 per week)
*Council Rates: $450.2 p.q. approx
*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 Caf, 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
*Please note images are indicative of the same style apartment on a different floor, a viewing of the specific apartment is recommended to confirm suitability.
Property History for 1502/348 Water St, Fortitude Valley, QLD 4006
- 02 May 2026Listed for Sale Sold
- 05 May 2023Listed for Rent $550 / week
- 05 Apr 2023Sold for $305,000
Recent sales nearby
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0About Fortitude Valley 4006
The size of Fortitude Valley is approximately 1.4 square kilometres. There are 2 parks, covering nearly 1.5% of the 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 8,298 properties. Over the last 5 years, Houses in Fortitude Valley have seen a 23.93% increase in median value, while Units have seen a 87.34% increase. As at 31 May 2026:
- The median value for Houses in Fortitude Valley is $2,179,009 while the median value for Units is $784,444.
- Houses have a median rent of $705 while Units have a median rent of $660.
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