FOR SALE
Priced to sell at $425,000

1603/348 Water Street
Fortitude Valley QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Stylish City Living with Stunning Views!

Discover the perfect blend of urban living and investment potential in this stunning one-bedroom, one-bathroom apartment located on the 16th floor of the popular Cambridge Tower. With its modern open-plan design and beautiful district views, this unit offers a lifestyle of comfort, privacy and convenience. <br><br>Located close enough to the valley but without the noise, this complex has often been chosen by shift workers, who need to sleep but still be close to the nearby Hospital.<br><br>Key Features:<br><br>One Spacious Bedroom: Perfect for singles or couples.<br><br>Modern Bathroom: Sleek and stylish.<br><br>Open-Plan Living with plenty of bench space and cupboards. Brand new dishwasher installed recently. <br><br>Breathtaking Views: Enjoy picturesque district views from the 16th floor.<br><br>Brand new curtains and block out blinds in the living room, plus stylish feature walls.<br><br>Complex Features: 3 Resort Pools, Gym, Multi Purpose Resident Lounge, Multiple BBQ areas and rooftop area on level 19 with views to Brisbane CBD.<br><br>Low Body Corporate of $79pw<br><br>Prime Location: Situated in the heart of Fortitude Valley, but tucked away in a peaceful street.<br><br>Investment Opportunity:<br><br>Currently leased at $500 per week.<br>Current similar units are leased at $520pw<br><br>Flexible month-to-month arrangement, offering versatility for homeowners or investors.<br><br>Inspection Details:<br><br>Open Home: This Saturday from 10.30am to 11.00am.<br><br>Buzz#: 11603 at Cambridge Tower.<br><br><br>"Please note: The images displayed represent the property when it was vacant. The property is currently leased, and these images are provided to respect the tenant's privacy."<br><br>Features include: Air conditioning,Intercom,In ground pool,Gym,Built in robes,Dishwasher

Property Details for 1603/348 Water St, Fortitude Valley

1603/348 Water St, Fortitude Valley is a 1 bedroom, 1 bathroom Apartment. The place is currently for sale with Custom Realty Group.

Building Type
Apartment

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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 2011 was 5,615 people. By 2016 the population was 6,976 showing a population growth of 24.2% 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 2011, 27.3% of the homes in Fortitude Valley were owner-occupied compared with 21% in 2016.

Fortitude Valley has 8,270 properties. Over the last 5 years, Houses in Fortitude Valley have seen a -21.32% decrease in median value, while Units have seen a 44.62% increase. As at 31 December 2024:

  • The median value for Houses in Fortitude Valley is $759,806 while the median value for Units is $572,089.
  • Houses have a median rent of $595 while Units have a median rent of $600.
There are currently 76 properties listed for sale, and 59 properties listed for rent in Fortitude valley on OnTheHouse. According to CoreLogic's data, 715 properties were sold in the past 12 months in Fortitude valley.

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Gordana Gudalovic
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