SOLD
Sold on 15 May 2024 for $410,000

705/338 Water Street
Fortitude Valley QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 50m2
Land area: 50m2
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List My Home
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Property Details for 705/338 Water St, Fortitude Valley

705/338 Water St, Fortitude Valley is a 1 bedroom, 1 bathroom Unit and was built in 2015. The property has a land size of 50m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Fortitude Valley in the last 12 months.

Building Type
Unit
Year Built
2015
Floor Size
50m2
Land Size
50m2
Local Government
Brisbane
Lot/Plan
705/SP184368

Last Listing description (August 2024)

PRIVATE INSPECTION TODAY 14 MAY 3PM-5PM. PLEASE CONTACT NIKHIL DOSHI TO REGISTER FOR ON 0468 77 00 66.

338 OXFORD TOWERS: Luxurious 1 Bed | 1 Bath | 1 Living + Dinning & a Study, right in the Heart of Fortitude Valley.

Are you in search of the perfect 1-bedroom unit in a stylish apartment building? Look no further! Our newly listed 1-bedroom unit is now available for sale. With modern amenities, a convenient location, and stunning views, this unit is sure to impress. The modern and sleek open plan design is well proportioned, functional and creates an easy living space throughout the whole apartment.

338 OXFORD Towers is in catchment for the Brisbane Central State School, Fortitude Valley State Secondary College and Kelvin Grove State College.
Brisbane Park - 400m.
Train Station- 600m.

Currently on Rent at $490/week
Gross Yield- 6%-7%

QUATERLY outgoings are approximately as below.
Rates- $481.00
Urban Utility- $256.00
Body Corp fees/Quarter
Approx $1490.00

Additional Highlights:

- Luxurious 1 Bed | 1 Bath | 1 Living + Dinning & a Study area.
- 2 x Airconditioning Split systems.
- 60cm electric cooktop and Oven.
- Dishwasher.
- Built-in Study Desk
- Roller blinds in the bedroom window.
- Gym
- BBQ area on the terrace looking at the beautiful views of the city.
- Inground Swimming Pools
- Entertainment/Function Hall with Olympic size Billiards table, Separate kitchen and dining area & a Big open space to chill with your Friends & Family.
- Common Office space/Prayer room
- Electronic Security key to access main entrance and lift.

Don't miss out on this opportunity to own a piece of luxury living. Contact Nikhil Doshi from List My Home or come and see us at Open-Home before it's gone!

List My Home Pty Ltd T/A List My Home has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. All distances, measurements and timeframes contained within this advertisement are approximate only. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Property History for 705/338 Water St, Fortitude Valley, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$410,000
15 May 2024
Listed for Rent
$490/w
15 Sep 2023
  • 15 May 2024
    Sold for $410,000
  • 23 Mar 2024
    Listed for Sale Not Disclosed
  • 04 Sep 2023
    Listed for Rent $490 / 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 8,267 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 104 properties listed for sale, and 56 properties listed for rent in Fortitude valley on OnTheHouse. According to CoreLogic's data, 714 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.