FOR SALE
Offers above $399,000

405/338 Water Street
Fortitude Valley QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 62m2
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Opportunity for first home buyers or investors in the heart of Brisbane,

**For Sale: Modern Urban Apartment in Fortitude Valley - Offers Above $399,000**
Welcome to your new sanctuary at 405/338 Water Street, Fortitude Valley! This stylish 1-bedroom, 1-bathroom apartment is perfect for those seeking a vibrant urban lifestyle without compromising on comfort and convenience.
**Property Highlights:**
- **Spacious Living:** Enjoy a generous 62 sqm of well-designed living space that maximizes both functionality and style. The open-plan layout seamlessly connects the living room, dining area, and kitchen, creating an inviting atmosphere for relaxation and entertaining.
- **Modern Kitchen:** The contemporary kitchen features sleek cabinetry and ample counter space, making it a joy to prepare meals. Whether you're hosting friends or enjoying a quiet dinner, this space is sure to impress.
- **Private Balcony:** Step out onto your private balcony and take in the stunning city views. It's the perfect spot to unwind with a morning coffee or enjoy a glass of wine while soaking up the urban vibe.
- **Stylish Bedroom:** The spacious bedroom is designed for comfort, complete with ample storage, fully air conditioning and natural light. It's your personal retreat after a long day in the bustling city.
- **Elegant Bathroom:** The modern bathroom features high-quality fixtures and finishes, providing a spa-like experience in the comfort of your home.
**Building Amenities:**
This high-rise apartment building offers a range of amenities that enhance your living experience, including a refreshing pool, landscaped gardens, and secure entry. Enjoy the convenience of city living with everything you need at your doorstep.
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Property Details for 405/338 Water St, Fortitude Valley

405/338 Water St, Fortitude Valley is a 1 bedroom, 1 bathroom Apartment. The property has a land size of 62m2. The place is currently for sale with Ray White Acacia Ridge.

Building Type
Apartment
Land Size
62m2

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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 8,267 properties. Over the last 5 years, Houses in Fortitude Valley have seen a -45.80% decrease in median value, while Units have seen a 45.94% increase. As at 30 September 2024:

  • The median value for Houses in Fortitude Valley is $599,427 while the median value for Units is $563,438.
  • Houses have a median rent of $598 while Units have a median rent of $600.
There are currently 102 properties listed for sale, and 56 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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Suburb Insights for Fortitude Valley 4006

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Rocky Bhullar
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Akash Dhillon
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Ray White Acacia Ridge
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