507/338 Water StreetFortitude Valley QLD 4006
Property Details for 507/338 Water St, Fortitude Valley
507/338 Water St, Fortitude Valley is a 2 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 2026. There are other 2 bedroom Apartment sold in Fortitude Valley in the last 12 months.
Last Listing description (March 2026)
Welcome to this move-in ready Level 5 two-bedroom apartment in Oxford Towers 338 Water Street, ideally positioned within the vibrant Central Village precinct.
Offering a relaxed resort-style lifestyle, the light-filled open-plan living and dining area flows seamlessly to a private balcony, creating a peaceful inner-city retreat just 2km from the Brisbane CBD. Located on the edge of Fortitude Valley and Spring Hill, you'll enjoy walking distance to public transport, cafés, restaurants and shopping, all while coming home to a secure, resort-inspired sanctuary.
Property Features:
- Modern kitchen with ample cupboard space, built-in microwave, electric cooktop, oven and dishwasher
- Dedicated study nook with built-in desk
- Two spacious bedrooms with built-in wardrobes
- Generous, well-appointed bathroom
- Private balcony perfect for relaxing
- Enclosed laundry with dryer included
-Tiled kitchen and living areas for easy maintenance
- Split-system air conditioning and ceiling fans in living area and bedrooms
- Secure undercover car space
Residents of Central Village enjoy resort-style amenities including a lagoon-style swimming pool surrounded by tropical gardens, a fully equipped gym, rooftop BBQ areas, and a communal recreation space with a full-sized pool table. With on-site management providing added peace of mind, this is inner-city living at its finest.
This is an exceptional opportunity to secure a stylish inner-city home or high-performing investment offering resort-style comfort, unbeatable convenience and immediate occupancy.
More information:
*Total Area: 66sqm
*Body Corp: $2042.12 every 4 months approx (around $6126.36 per year/ $117.81 per week)
*Council Rates: $550.8 p.q. approx
*New rental appraisal from July 2026 $700~730 per week
*The Building: Built in 2015 Oxford Towers has a total of 159 apartments spread over 19 Floors
*Pet friendly complex
Perfectly positioned for effortless inner-city living, the residence enjoys exceptional connectivity with Fortitude Valley Train Station, James Street and King Street precinct, and multiple bus routes all within a comfortable 10-minute walk.
Approximate Distances
Immediate access to cafe, supermarket, swimming pool, and gym
80m to bus stop
350m to Brisbane Exhibition Grounds
400m to King Street dining and entertainment precinct
450m to Fortitude Valley Train Station and Woolworths
550m to bank branch and Australia Post
650m to Fortitude Valley Chinatown
1km to Royal Brisbane & Women's Hospital
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.
Property History for 507/338 Water St, Fortitude Valley, QLD 4006
- 13 Apr 2026Listed for Rent $730 / week
- 20 Mar 2026Sold for $750,000
- 03 Mar 2026Listed for Sale Under Contract - Offers Over $748K
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 8,304 properties. Over the last 5 years, Houses in Fortitude Valley have seen a 45.31% increase in median value, while Units have seen a 85.90% increase. As at 30 April 2026:
- The median value for Houses in Fortitude Valley is $1,655,443 while the median value for Units is $770,912.
- Houses have a median rent of $710 while Units have a median rent of $650.
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