607/348 Water Street

Fortitude Valley QLD 4006

Inspection Information: For open homes and private inspections, meet at the front of 348 Water Street (Cambridge Towers).Apartment Features:74m2Level 6 of 18Private balcony with city viewsOpen dining and living areaMaster bedroom with walk-in-robe and ensuiteSecond bedroom with fitted wardrobeInternal laundry with dryerAir-conditioningIntercomBuilding Information:Cambridge Towers at 348 Water Street is within the Central Village precinct in Fortitude Valley, offering resort-style living just minutes from Brisbanes CBD. The 18-level tower features 166 apartments, made up of studios, one and two-bedroom layouts.Residents enjoy access to impressive facilities, including a beach-style lagoon pool, plunge pools, rooftop terrace with BBQs and panoramic city views, a gym, and a shared recreational space. One of the precincts most unique features is the converted heritage mess hall, now home to communal amenities and adding character to the complex.Building Features (Cambridge Towers):Built in 2014 approx.18 levels plus rooftop166 apartments in tower (521 across whole complex)2 liftsRooftop terrace with BBQ area and panoramic city viewsFully equipped gymResort-style swimming lagoonsRecreational room with pool tableLarge grassed lawn areaSecure building with CCTV and intercomOnsite managementLocation:Fortitude Valley, Brisbanes vibrant cultural and entertainment precinct, is a dynamic hub renowned for its eclectic mix of music, dining, and nightlife. As Australias first dedicated entertainment district, it features iconic landmarks such as the heritage-listed Chinatown Mall, the boutique shopping of James Street, and the vibrant Brunswick Street. Its close proximity to Brisbanes CBD further enhances its appeal, especially with major infrastructure projects like the Cross River Rail, improving the citys connectivity and accessibility. As the area continues to grow, developments like the Fortitude Valley Station precinct are boosting its attractiveness for both residents and investors, seamlessly blending historic charm with contemporary urban living.From Your Doorstep:3 min walk to King Street6 min walk to Brisbane Showgrounds7 min walk to Woolworths Metro7 min walk to Fortitude Valley Train Station10 min walk to Fortitude Valley Music Hall15 min walk to Victoria Park18 min walk to Howard Smith Wharves1 Train Stop to Brisbane Central Station14 min drive to Brisbane Airport1hr drive to Gold CoastSchool Zones:Brisbane Central State School (Prep to Year 6) - 10 min walkFortitude Valley State Secondary College (Year 7 to Year 12) - 7 min walkRental Appraisal:Currently vacantLong Term Letting: $680.00 - $720.00 per weekShort Term Letting: $850 - $950 per week after management fees (AirBNB)Costs:Body Corporate - $1,361.10 per quarter approx. (Includes admin, sinking fund and building insurance)Council Rates - $508.00 per quarter approx. (Investment rate)Water Rates - $330.00 per quarter approx.Disclaimer: Whilst every care is taken in the preparation of the information contained in this marketing, JJ Property will not be held liable (financially or otherwise) for any errors or omissions relating to the property, contents and/or facilities in the property or complex. All interested parties should rely upon their own investigations to determine whether the property is suitable for their needs and all contents and facilities are present.