702/348 Water Street, Fortitude Valley, QLD 4006 | Property Value & History | OnTheHouse
OFF MARKET

702/348 Water Street
Fortitude Valley QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 48m2
Land area: 48m2
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Property Details for 702/348 Water St, Fortitude Valley

702/348 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 48m2. While the property is not currently for sale or for rent, it was last sold in December 2012.

Building Type
Unit
Year Built
2014
Floor Size
48m2
Land Size
48m2
Local Government
Brisbane
Lot/Plan
702/SP118333

Last Listing description (August 2026)

Set quietly above the city, Residence 702 at 348 Water Street offers something rare: the convenience of inner-city living paired with a true sense of calm and privacy.

From the moment you walk in, striking high, floor-to-ceiling windows draw in natural light and frame beautiful elevated views, giving the apartment an open, airy feel while still feeling private and relaxing. It's the kind of space where mornings feel brighter and evenings feel peaceful.

The sleek kitchen flows into the living area, while the bedroom is designed as a quiet retreat with built-in storage and easy access to the modern bathroom. A dedicated study area provides the perfect space for working from home or creating a personal nook. Low maintenance, beautifully presented and easy to live in, this is inner-city living made simple.

Featuring:

Light-filled open-plan living with striking high windows
Beautiful elevated outlooks without the city noise
Modern kitchen with quality appliances and ample storage
Peaceful bedroom with built-in robe
Dedicated study area
Contemporary modern bathroom
Air conditioning and internal laundry
Secure building with lift access

The Cambridge Towers Lifestyle:

Living at Cambridge Towers means you're not just buying a home, you're stepping into a lifestyle. From the shared rooftop, enjoy sweeping city views that perfectly complement your private retreat.

Resort-style facilities include:

Resort-style swimming pool
Fully equipped gymnasium
Billiard room/lounge
Rooftop BBQ area with panoramic city views
Two meeting rooms for work or events
Visitor car parking for your guests

Outgoings (approximate):

Body Corporate: $1,251 - per quarter
Council Rates: $548 - per quarter
Water Rates: $284 Plus consumption - per quarter

Lifestyle and location:

Situated in the heart of Fortitude Valley yet tucked away from the rush, you're close to cafs, restaurants, transport, shopping, and Brisbane CBD, while still enjoying a quiet, private place to come home to.

A smart city investment. A peaceful home. The best of both worlds.

To arrange a private inspection, contact Muket Abreha on 0488 461 420.

Disclaimer

The images representing this property have digitally been enhanced and decorated.
Junction Estate Agents and its representatives have not independently verified the accuracy of the information, documentation, or property descriptions contained in this advertisement. The information provided has been sourced from third parties and is presented for marketing and general informational purposes only.

Junction Estate Agents makes no representation, warranty, or guarantee as to the accuracy, reliability, or completeness of the information provided. We expressly disclaim any liability for any loss or damage arising from reliance upon such information.

Prospective purchasers and tenants are strongly advised to conduct their own due diligence and investigations, including but not limited to legal, financial, and building inspections, prior to entering into any agreement.

Please note that images, floor plans, and videos may be digitally enhanced and may not accurately reflect the current condition, features, or dimensions of the property. We recommend all interested parties physically inspect the property and seek independent professional advice before proceeding with any transaction.

Property History for 702/348 Water St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$343,000
12 Dec 2012
  • 28 Jul 2026
    Listed for Sale Sale By Negotiation
  • 14 Aug 2024
    Listed for Rent $495 / week
  • 12 Dec 2012
    Sold for $343,000
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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 8,306 properties. Over the last 5 years, Houses in Fortitude Valley have seen a 16.36% increase in median value, while Units have seen a 80.42% increase. As at 31 July 2026:

  • The median value for Houses in Fortitude Valley is $2,087,707 while the median value for Units is $774,718.
  • Houses have a median rent of $650 while Units have a median rent of $680.
There are currently 79 properties listed for sale, and 43 properties listed for rent in Fortitude valley on OnTheHouse. According to Cotality's data, 498 properties were sold in the past 12 months in Fortitude valley.

Suburb Insights for Fortitude Valley 4006

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.