1803/348 Water Street

Fortitude Valley QLD 4006

Boasting resort style amenities such as a lagoon swimming pool surrounded by tropical gardens, a gym and rooftop BBQ areas, residents simply love living in this complex.

Located on the top floor (level 18) of the "Cambridge Towers" building in Central Village - 348 Water Street, Fortitude Valley.

Central Village is a development on the edge of Fortitude Valley and Spring Hill, and incorporates Cambridge and Oxford Towers with an on-site management office. The main on-site reception is at 10 Trinity Street, Fortitude Valley

This stunning one-bedroom apartment offers the following:
- Open plan combined living and dining area with ample natural lighting
- A modern kitchen featuring an elegant marble benchtop, and ample cupboard space for storage
- Additional study area with in-built desk
- Spacious bedroom with built-in wardrobes and view from level 18
- Large bathroom with great lighting
- Enclosed laundry area with a dryer included
- Tiled throughout in both kitchen and living room area

The complex features:
- Lifestyle and convenience in a resort-style development
- Large 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 - Captures views over Brisbane's CBD and you can enjoy Riverfire from the Story Bridge!
- Secure building with CCTV, intercom and resident-only access, on-site management

*Residents can obtain Brisbane City Council Resident Street Parking Permit, 12 months for $15.

Rental information - Great rental income for the property investor!

This property is under the National Rental Affordability Scheme (NRAS) until August 2024. The current NRAS rental price is at $255 per week and the lease is until 23/03/2023. Under the NRAS scheme, the property owner can enjoy an extra non-taxable incentive of around $11,124 per year. There is no obligation to continue with NRAS.

Fortitude Valley is experiencing strong rental price growth with the potential to reach a $380~400 weekly rental price.

More information:
*Total Area: 48sqm
*Body Corp: $1,302.95 every 4 months approx (around $75.17 per week)
*Council Rates: $450.2 p.q. approx
*The Building: Built in 2014 Cambridge Towers has a total of 165 apartments spread over 19 Floors
*Pet friendly complex

Living is easy with public transport connections such as Fortitude Valley Train Station, King Street, and 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

*Please note images are indicative of the same style apartment on a different floor, a viewing of the specific apartment is recommended to confirm suitability.