1509/338 Water StreetFortitude Valley QLD 4006
Property Details for 1509/338 Water St, Fortitude Valley
1509/338 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 52m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in April 2025.
Last Listing description (June 2026)
Exclusive Virtual Walkthrough Available - See the link in the gallery!
Situated on the 15th floor of Oxford Towers, this stylish one-bedroom apartment offers the perfect blend of city convenience and resort-style living. With breathtaking views over Fortitude Valley, the Brisbane skyline and beyond, this is an incredible opportunity for first-home buyers, professionals, or investors seeking strong rental demand in a prime location.
For investors, this property offers excellent rental appeal, previously rented at $550 per week (lease period: 28/03/2024 - 31/03/2025). Now vacant, this apartment gives buyers the flexibility to move in or lease out immediately.
Sleek Interiors & Stunning Views
Step inside and be welcomed by a bright, air-conditioned open-plan living and dining area, where bifold windows frame the stunning cityscape - the perfect backdrop for entertaining or unwinding after a long day.
The modern kitchen is designed for effortless living, featuring sleek cabinetry, quality appliances, and ample storage.
The spacious, air-conditioned bedroom is a private retreat, complete with a mirrored built-in robe, study area, and ceiling fan. The generous bathroom is stylishly finished with modern fixtures, while a separate European laundry, including a clothes dryer and linen storage, adds extra convenience.
Resort-Style Living in the heart of Fortitude Valley
Oxford Towers offers exclusive access to resort-style amenities:
- Lagoon-style pool with white sand and lap pool
- Sky Terrace with breathtaking city views
- BBQ facilities to the sky terrace and poolside
- Fully equipped gym and a spacious yoga lawn
- Recreation room featuring a pool table
- Secure intercom access, CCTV security and on-site manager
Unbeatable Location - With Future Olympic Potential
- Step outside and immerse yourself in Fortitude Valley's vibrant lifestyle. Walk to King Street's dining precinct, Chinatown, and Queen Street Mall, or take advantage of the nearby bus and train services.
- Victoria Park (800m away) - proposed to be a major venue for the 2032 Brisbane Olympic Games, adding to the area's long-term growth and investment appeal.
- Royal Brisbane and Women's Hospital (1km away) - A key employment hub.
- Brisbane CBD (2km away) - A quick commute for professionals.
Body Corporate Fees & Council Rates
- Administration Fund: $1,210.20 per quarter
- Sinking Fund: $109.80 per quarter
- Insurance Levy: $114.07 per quarter
- Brisbane City Council Rates: Approx. $512.20 per quarter
With stunning views, resort-style facilities, and a prime location, this apartment offers the ultimate blend of lifestyle, convenience, and investment potential.
DISCLAIMER: The images provided include virtual staging for illustrative purposes only. Every effort has been made to ensure accuracy, but it does not constitute a representation by the vendor or agent.
Property History for 1509/338 Water St, Fortitude Valley, QLD 4006
- 07 Apr 2025Sold for $510,000
- 02 Apr 2025Listed for Sale Contact Agent
- 08 Feb 2024Listed for Rent $550 / week
Recent sales nearby
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About 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 51.02% increase in median value, while Units have seen a 90.33% increase. As at 30 June 2026:
- The median value for Houses in Fortitude Valley is $2,075,030 while the median value for Units is $795,112.
- Houses have a median rent of $655 while Units have a median rent of $675.
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