OFF MARKET

1707/338 Water Street
Fortitude Valley QLD 4006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 60m2
Land area: 66m2
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Property Details for 1707/338 Water St, Fortitude Valley

1707/338 Water St, Fortitude Valley is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 66m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
2014
Floor Size
60m2
Land Size
66m2
Local Government
Brisbane
Lot/Plan
1707/SP184368

Last Listing description (November 2023)

This modern two bedroom apartment embodies resort style living and comfort while delivering the ultimate in inner-city lifestyle and amenities.

Featuring an open-plan design living space capturing plenty of natural light and featuring stunning views from level 17, with a generously sized balcony to enjoy outdoor space.

It features a prime location to allow access to an array of lifestyle options and easy access to public transport (bus stops and Fortitude Valley train station), all within walking distance to a multitude of dining and shopping options, only 2kms from the CBD!

Located on the 17th floor of the "Oxford Towers" building in Central Village with resort style amenities, Central Village is a development on the edge of Fortitude Valley and Spring Hill and incorporates Cambridge and Canterbury Towers with an on-site management office.

This sensational two-bedroom, one-bathroom apartment offers the below features:
- An open-plan living and dining area with plenteous natural light
- A modern kitchen featuring ample cupboard space for storage, including a built-in microwave, electric cooktop, oven and dishwasher
- Additional study area with in-built desk
- Spacious bedrooms with built-in wardrobes
- A large, well-lit bathroom
- A generously sized balcony with views (9sqm)
- Enclosed laundry area with a dryer included
- Tiled throughout in both the kitchen and living room area
- Split air-conditioning system and ceiling fan in both living room and bedrooms
- A secure undercover carpark space

The complex features:
- A convenient way of life in a resort-style development
- Lagoon swimming pools with BBQ and seating facilities
- Pavilion room with a large snooker/pool table, TV and 2 large sitting areas
- A fully equipped gym and a large yoga lawn
- Private rooftop area with city views at level 19 - Capturing views over Brisbane's CBD and you can enjoy Riverfire from the Story Bridge!
- Secure building with CCTV, intercom, resident-only access and on-site management

Fortitude Valley is experiencing strong rental price growth. Great return on investment for the property investor! Current tenant fixed term lease to 04/01/2024.

More information:
* Total Area 66sqm
*Body Corp: $1,635.28 every 4 months approx ($94.34 per week / $4905.84 per year )
*Council Rates: $480.95 p.q. approx
*The Building: Built in 2015 Oxford Towers has a total of 159 apartments spread over 19 Floors
*Pet friendly complex


Living is easy with public transport connections such as Fortitude Valley Train Station, King Street bus and train stations as well as Bus Stops all within a 10-minute walk from your doorstep.

- 0m to the closest Caf, Supermarket, Swimming pool, Gym
- 80m to the bus stop
- 350m to Brisbane Exhibition Grounds
- 400m to King Street Dining Precinct
- 450m to Fortitude Valley Train Station and Woolworths
- 550m to Bank branch and Australia Post
- 650m to Fortitude Valley China Town
- 1km to Royal Brisbane and Women's Hospital (RBHW)
- Less than 2km to Brisbane CBD

Disclaimer: The information contained in this website has been prepared by Invech Corporation Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify, and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this website.

Property History for 1707/338 Water St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$462,000
30 Oct 2023
Listed for Rent
$440/w
09 Nov 2021
  • 30 Oct 2023
    Sold for $462,000
  • 16 Oct 2023
    Listed for Sale Property Sold
  • 13 May 2020
    Listed for Rent $419 / week
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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 8,125 properties. Over the last 5 years, Houses in Fortitude Valley have seen a 13.04% increase in median value, while Units have seen a 47.76% increase. As at 31 October 2024:

  • The median value for Houses in Fortitude Valley is $1,224,170 while the median value for Units is $564,483.
  • Houses have a median rent of $600 while Units have a median rent of $600.
There are currently 95 properties listed for sale, and 56 properties listed for rent in Fortitude valley on OnTheHouse. According to CoreLogic's data, 692 properties were sold in the past 12 months in Fortitude valley.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.