706/338 Water StreetFortitude Valley QLD 4006
Property Details for 706/338 Water St, Fortitude Valley
706/338 Water St, Fortitude Valley is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. While the property is not currently for sale or for rent, it was last sold in April 2023.
Last Listing description (August 2025)
Best Price: Stylish 1-Bedroom Apartment in the Heart of Fortitude Valley
No Inspection on Saturday 8 March due to the cyclone activity!
Discover modern urban living with this sleek 1-bedroom, 1-bathroom unit, perfectly positioned in vibrant Fortitude Valley. Perched on the 7th floor, this apartment offers a quiet retreat from the bustling city below, complete with stunning views to complement its modern charm. Offering unbeatable convenience, contemporary design, and access to premium facilities, this apartment is ideal for first-time buyers, savvy investors, or those seeking a low-maintenance lifestyle.
Investor Information: Rental yields exceed $500 per week, offering an approximate return rate of 8%. The property is sold untenanted.
Prime Features You'll Love:
- Spacious and Airy: Open-plan living with air-conditioning to keep you comfortable year-round.
- Smart Storage: Built-in wardrobes and a handy study nook for work or relaxation.
- Secure Living: Enjoy peace of mind with secure building access and CCTV.
- Pet-friendly building
Resort-Style Amenities at Your Doorstep:
- Lagoon Pool & Lap Pool: Perfect for relaxation or a refreshing swim.
- Fully Equipped Gym: Stay active without leaving home.
- Social Spaces: Entertain friends at the BBQ area on the rooftop with stunning city views.
- Community Perks: A conference room and pool table are available for residents.
- Reasonable Low Body Corporate.
Unmatched Location:
- Just minutes from Brisbane's CBD, making commuting a breeze.
- Easy access to public transport.
- Proximity to trendy cafes, restaurants, shopping, and nightlife.
- A vibrant urban lifestyle with everything you need just steps away.
Whether you're investing in Brisbane's booming property market or looking for a stylish, low-maintenance home, this apartment ticks all the boxes.
Don't Miss Out! Priced to sell fast by the owner.
Property History for 706/338 Water St, Fortitude Valley, QLD 4006
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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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