SOLD
Sold on 24 Sep 2024 for $650,000

1806/348 Water Street
Fortitude Valley QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 50m2
Land area: 79m2
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Property Details for 1806/348 Water St, Fortitude Valley

1806/348 Water St, Fortitude Valley is a 2 bedroom, 2 bathroom Unit and was built in 2015. The property has a land size of 79m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Fortitude Valley in the last 12 months.

Building Type
Unit
Year Built
2015
Floor Size
50m2
Land Size
79m2
Local Government
Brisbane
Lot/Plan
1806/SP118333

Last Listing description (October 2024)

Experience the pinnacle of modern urban living at 1806/348 Water St, Fortitude Valley. This exclusive top-floor apartment, with its coveted north-eastern aspect, captures breathtaking 180-degree views through floor-to-ceiling windows, filling the space with natural light. Whether you're admiring the sunrise or city skyline, the views create a stunning backdrop for everyday living.

Inside, the apartment offers a seamless blend of sophistication and practicality. The open-plan living and kitchen area is designed for both relaxation and entertaining, opening onto a large balcony perfect for outdoor dining. The two spacious bedrooms, including a master suite with a private ensuite, are elegantly appointed with quality finishes that exude style and comfort.

Adding to its appeal are the low ongoing expenses, including:

-Body corporate fees: $1,080 per quarter (very low)
-Council rates: approximately $500 per quarter
-Water charges: around $300 per quarter
-Rental appraisal: $680-700/week

This affordability, combined with access to premium amenities such as a well-equipped gym, a resort-style pool, BBQ, yoga lawn, and a rooftop terrace offering breathtaking city views, makes this apartment exceptional value for money.

Situated in the vibrant heart of Fortitude Valley, you'll enjoy proximity to the area's best dining, shopping, and entertainment options, while still having the peace of mind of secure parking with one allocated car space.

This is a rare opportunity to own a stunning top-floor apartment in one of Brisbane's most desirable locations, offering both luxury living and low ongoing expenses.

Embrace sophisticated city living today.

Property History for 1806/348 Water St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$650,000
24 Sep 2024
  • 24 Sep 2024
    Sold for $650,000
  • 18 Sep 2024
    Listed for Sale Sold @650K in 1 week!
  • 09 Dec 2013
    Sold for $541,000

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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 94 properties listed for sale, and 58 properties listed for rent in Fortitude valley on OnTheHouse. According to CoreLogic's data, 693 properties were sold in the past 12 months in Fortitude valley.

Suburb Insights for Fortitude Valley 4006

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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.