SOLD
RECENT ADVICE
Sold on 18 Aug 2024 for $575,000

1808/348 Water Street
Fortitude Valley QLD 4006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 1808/348 Water St, Fortitude Valley

1808/348 Water St, Fortitude Valley is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Apartment sold in Fortitude Valley in the last 12 months.

Building Type
Apartment
Local Government
Brisbane
Lot/Plan
1808/SP118333

Last Listing description (August 2024)

Experience urban living at its finest in this stylish unit nestled in Fortitude Valley. Boasting a seamless blend of convenience and modern flair, this apartment offers an ideal urban retreat for first-time buyers or an excellent opportunity for investors seeking high returns. Perched on the 18th floor, it showcases breathtaking southeast-facing city views.

Nestled within Cambridge Towers, one of Fortitude Valley's most desirable residential addresses, this expansive two-bedroom unit promises a lifestyle of comfort and sophistication. Floor-to-ceiling windows flood the space with natural light and capture mesmerizing views of the city skyline, creating a serene and airy atmosphere.

As you step inside, you'll be greeted by a light-filled living area, creating a warm and inviting atmosphere. The open-plan layout seamlessly connects the living, dining, and kitchen areas, providing a great space for entertaining guests or simply relaxing after a long day.

Notable Features:
- 2 Spacious Bedrooms
- 1 Modern Bathroom
- Single Secure Car Park
- South-East Aspect
- Well Appointed Kitchen
- Spacious Open-Plan Living Area
- Highly Sought Lifestyle Location

Building Facilities:
- Highly Sought Lifestyle Location
- Resort-Style Swimming Pool
- Gymnasium
- Billiard Room/Lounge
- 2x Bookable Meeting Areas
- Visitor Car Parking
- Onsite Management
- Rooftop BBQ Space

Rates: $506.85 p.q | Water: $205.75 p.q + usage | Body Corp Levy: $4,964.60 p.a approx.
Rental appraisal - $750 - $800 per week

This apartment is ideally located within walking distance of the Royal Brisbane Women’s Hospital, shops, parks, Brunswick St Mall, the lively King Street precinct, and the Royal Brisbane Showgrounds. You'll also find cafes, bars, award winning restaurants, and public transport options nearby, providing everything you need at your fingertips.

This is an extremely sought after property by both owner-occupiers and investors due to its great location, high rental demand and strong population growth.

For more information call Lachy Reid on 0412 457 024.

Property History for 1808/348 Water St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$575,000
18 Aug 2024
Listed for Rent
$620/w
23 Aug 2023
  • 18 Aug 2024
    Sold for $575,000
  • 17 Jul 2024
    Listed for Sale By Negotiation
  • 23 Aug 2023
    Listed for Rent $620 / 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 8,266 properties. Over the last 5 years, Houses in Fortitude Valley have seen a -14.01% decrease in median value, while Units have seen a 45.91% increase. As at 31 August 2024:

  • The median value for Houses in Fortitude Valley is $772,150 while the median value for Units is $558,101.
  • Houses have a median rent of $600 while Units have a median rent of $600.
There are currently 95 properties listed for sale, and 66 properties listed for rent in Fortitude valley on OnTheHouse. According to CoreLogic's data, 703 properties were sold in the past 12 months in Fortitude valley.

Suburb Insights for Fortitude Valley 4006

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Contact agent
Lachy Reid
Show contact details
Ethel & Florence
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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.