604/338 Water StreetFortitude Valley QLD 4006
Property Details for 604/338 Water St, Fortitude Valley
604/338 Water St, Fortitude Valley is a 1 bedroom, 1 bathroom Apartment. 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.
Last Listing description (March 2025)
Discover this stunning 1-bedroom, 1-bathroom apartment nestled in Oxford Towers, located in the vibrant hub of Fortitude Valley. Offering a harmonious blend of contemporary design and unparalleled amenities, this property is perfect for those seeking the ultimate urban lifestyle or an exceptional investment opportunity.
Step into a world of indulgence with access to resort-style features that redefine apartment living. Start your day with a peaceful yoga session or a stroll through beautifully landscaped gardens. Cool off in the magnificent man-made beach lagoon or take a dip in the lap swimming pool. For a touch of luxury, the exclusive 'Sky Terrace' offers rooftop barbecue and entertainment areas, ideal for social gatherings with breathtaking city views. Residents can also enjoy a spacious, fully equipped gymnasium and a billiard room, ensuring there's always something to do.
For investors, this property presents a fantastic opportunity with long-term tenants in place, generating a solid rental income of $570 per week until March 2026. With its premium location, exceptional amenities, and strong rental return, this apartment is a smart addition to any portfolio. Don't miss your chance to own a piece of resort-style paradise in the Valley!
Ready to make it yours? Contact us today to arrange a viewing!
Disclaimer: This property is currently tenanted. The photos that have been used are of another unit with the same layout.
Property History for 604/338 Water St, Fortitude Valley, QLD 4006
- 18 Sep 2025Listed for Rent $570 / week
- 25 Feb 2025Sold for $415,000
- 19 Feb 2025Listed for Sale For Sale
Recent sales nearby
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0About 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 8,305 properties. Over the last 5 years, Houses in Fortitude Valley have seen a -43.32% decrease in median value, while Units have seen a 74.32% increase. As at 30 November 2025:
- The median value for Houses in Fortitude Valley is $752,329 while the median value for Units is $685,874.
- Houses have a median rent of $650 while Units have a median rent of $625.
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