Back 1202/338 Water St
Off Market

1202/338 Water St

Fortitude Valley QLD 4006

1
1
1
0 sq.
Apartment
Last sold for $710,000
Lachy ReidLachy Reid, last sold this property on 24 May 2026 after 13 days on market.

Overview

Modern Inner-City Living with Resort-Style Facilities

Why you'll love it: Positioned on the 12th floor, this elevated apartment presents a well-considered inner-city base with expansive urban outlooks and exceptional everyday convenience. Positioned to capture wide views across the surrounding skyline and rooftops, the residence offers a comfortable, low maintenance lifestyle in one of Brisbane's most connected locations. Natural light pours through expansive windows into the open plan living and dining area, highlighting the elevated outlook and creating a bright, inviting atmosphere. A modern neutral colour palette is paired with tiled flooring for a sleek, low maintenance finish, while ceiling fans and split system air conditioning ensure comfort throughout every season. Sliding glass doors connect seamlessly to a covered balcony, offering the perfect space to unwind while taking in the city skyline and resort-style pool views. Positioned at the heart of the apartment, the kitchen is designed with both style and functionality in mind. The practical galley layout features stone benchtops, a tiled splashback, ample storage, and quality stainless steel appliances including an electric cooktop, oven, dishwasher, and built in microwave. Set privately away from the main living zone, the bedroom provides a quiet retreat complete with soft carpet flooring, a mirrored built in wardrobe, and a convenient study desk. A ceiling fan and air conditioning add further comfort, while the modern bathroom is finished with a sleek glass shower and vanity with storage. Completing the layout is a full size internal laundry for everyday convenience. Key Features: - Secure car space included - Balcony with city skyline and pool views - Study nook in bedroom - Beach-style swimming pools for resort-style relaxation - Rooftop and ground-level BBQ entertaining spaces - Modern gym and private residents' function room - Secure swipe-access throughout the building - Air conditioning in both living and bedroom areas - Built-in wardrobe and internal laundry nook - Sleek contemporary finishes throughout - Onsite management for added convenience - Moments from Woolworths, cafés, restaurants, and rooftop bars Ideal for: Investors, professionals, or downsizers seeking a low-maintenance apartment that combines elevated views, resort-style amenities, secure parking, and unbeatable inner-city convenience.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
0 sq. floor area
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Fortitude Valley over the last 12 months, the estimated median property value of 1202/338 Water St is $620.5k.

Median value
$620.5k
Estimated value range
$437.5k - $775k
Median days on market
21
Estimated value trend
33%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Fortitude Valley. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1202/338 Water St

2026
Sold
$710,000
24 May 2026 by Lachy Reid, of Atlas Brisbane
2025
Rented
Undisclosed
Leased on 11 Aug 2025 by ARRIVE
2024
Rented
Undisclosed
Leased on 22 Aug 2024 by ARRIVE

Happy sellers in Fortitude Valley

93%
93% of sellers in Fortitude Valley reported that their sale price either exceeded or met their price expectations.

Fortitude Valley stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 119 reviews in Fortitude Valley over the last 12 months.

Local market activity for 1 bedroom apartments in Fortitude Valley

In the last 12 months, 150 one-bedroom apartments similar to 1202/338 Water St, have been sold.

This represents a 43% increase in one-bedroom apartments sales when compared to the previous 12 months.

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