708/348 Water Street, Fortitude Valley, QLD 4006 sold on 23 March 2025 | OnTheHouse
SOLD
Sold on 23 Mar 2025 for $628,000

708/348 Water Street
Fortitude Valley QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 74m2
Land area: 74m2
Save

Property Details for 708/348 Water St, Fortitude Valley

708/348 Water St, Fortitude Valley is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a land size of 74m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in March 2025. There are other 2 bedroom Apartment sold in Fortitude Valley in the last 12 months.

Building Type
Apartment
Floor Size
74m2
Land Size
74m2

Last Listing description (March 2025)

Nestled in a quiet pocket of Fortitude Valley, just 2km from the CBD, this exceptional two-bedroom apartment strikes the perfect balance between tranquillity and urban convenience. Positioned on the 7th floor of the sought-after Cambridge Towers, the property offers stunning panoramic views of the city skyline and iconic Story Bridge, all visible through expansive floor-to-ceiling windows that flood the apartment with natural light.

The spacious, open plan living and dining areas seamlessly flow onto a large balcony, ideal for entertaining or unwinding while soaking in the captivating city and urban vistas. The well-appointed kitchen strikes the perfect balance of style and functionality, featuring high-quality stainless-steel appliances, including a dishwasher, electric cooktop, oven, and microwave. The sleek stone benchtops offer ample space for meal prep, while the extensive cabinetry provides abundant storage for all your kitchen essentials.

The master bedroom is a private retreat, boasting a generous walk-in wardrobe, ensuite, and stunning city views. The second bedroom, ideal for dual living, is complemented by mirrored built-in wardrobe and enjoys the same remarkable outlook. Both bedrooms feature air-conditioning and ceiling fans for year-round comfort. The apartment also includes a spacious main bathroom, perfectly appointed with modern fixtures, as well as a separate laundry for added convenience.

Residents of this boutique complex enjoy secure undercover parking, intercom access, and a range of resort-style amenities, including a lagoon pool, lap pool, fully equipped gymnasium, and a rooftop barbecue area with breathtaking views. The impressive pavilion room, complete with billiards and expansive seating areas, provides the perfect setting for both relaxation and social gatherings.

With public transport options right at your doorstep, including the Fortitude Valley Train Station just 450 meters away and the lively King Street dining precinct only 400 meters away, this apartment offers unrivalled convenience. Woolworths, cafes, restaurants, supermarkets, universities, and medical centres like the Royal Brisbane and Women's Hospital are all within easy reach.

This exceptional apartment offers not only a sophisticated lifestyle but also a savvy investment opportunity, with strong rental potential and low body corporate fees. Don't miss your chance to own a piece of this highly sought-after Fortitude Valley address.

Disclaimer:
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Property History for 708/348 Water St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$628,000
23 Mar 2025
Listed for Rent
$329/w
08 Apr 2020
  • 23 Mar 2025
    Sold for $628,000
  • 08 Jan 2025
    Listed for Sale Offers Over $625,000
  • 14 Aug 2024
    Listed for Rent $680 / week
Sign in to see more transactions
Commute Calculator

About 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 8,308 properties. Over the last 5 years, Houses in Fortitude Valley have seen a -48.08% decrease in median value, while Units have seen a 76.70% increase. As at 31 January 2026:

  • The median value for Houses in Fortitude Valley is $776,939 while the median value for Units is $718,836.
  • Houses have a median rent of $650 while Units have a median rent of $650.
There are currently 52 properties listed for sale, and 44 properties listed for rent in Fortitude valley on OnTheHouse. According to Cotality's data, 586 properties were sold in the past 12 months in Fortitude valley.

Suburb Insights for Fortitude Valley 4006

Market Insights
Fortitude Valley Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Fortitude Valley Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
agent headshot
Michael Kafantaris
Show contact details
agent headshot
Aaron Woolard
Show contact details
Place New Farm
Preferred contact:
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.