1207/348 Water St

Off Market

1207/348 Water St

Fortitude Valley QLD 4006

0 m²

59 m²

Apartment

Last sold for $655,000

Lachy Reid, last sold this property on 09 December 2025 after 15 days on market.

Overview

City Skyline Views. Rare Floor Plan. Resort-Style Living.

Why you'll love it: Step into this sleek, modern apartment in the vibrant heart of Fortitude Valley, where city living meets serene comfort. Located on the 12th floor, it offers unmatched city views, creating a perfect urban retreat. The open-plan design allows natural light to fill the space with an airy ambiance. Enjoy exclusive amenities including a rooftop BBQ, pool, and gym, plus secure parking and easy access to transport, dining, and nightlife. Key features: - Stunning views of the city skyline from the 12th floor - Modern design blending comfort and style - Open-plan living, dining, and kitchen area with natural light - Contemporary kitchen with sleek layout and ample storage - Spacious bedroom with built-in wardrobe and large windows - Air-conditioned living area for year-round comfort - Secure parking for one car in the complex - Rooftop BBQ area perfect for entertaining guests - Large pool and fully equipped gym for residents - Convenient access to public transport options nearby - Located in the vibrant center of Fortitude Valley - Cafes, bars, and restaurants just a short stroll away - Easy access to the renowned Agnes restaurant and nightlife - Tranquil living environment in a bustling neighborhood - Perfect urban retreat for city professionals Financial Information: - Body Corporate Levies: Approx. $5,457.52 / annum - Council Rates: Approx. $548.82 / quarter - Water Rates: Approx. $331.02 / quarter - Rental Income: $620 / week - Rental Appraisal: $690 / week - Lease End : 19/2/2026 Best suited for: Young professionals or city dwellers seeking a stylish urban retreat with easy access to everything the city has to offer, and investors chasing strong returns. Disclosure: Please note that the images used in this advertisement are indicative only and may not represent the exact layout or finishes of the current listing as the property is currently tenanted.

Features

1 bedroom

1 bathroom

1 carspace

1 garage space

0 m² floor area

59 m² lot size

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 1207/348 Water St is $600k.

Median value

$600k

Estimated value range

$437.5k - $775k

Median days on market

Estimated value trend

30%

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 1207/348 Water St

2025

Sold

$655,000

09 Dec 2025 by Lachy Reid, of Atlas Brisbane

2025

Sold

$506,000

Private Sale/Treaty on 09 Dec 2025 by Lachy Reid, of Atlas Brisbane

2025

Rented

Undisclosed

Leased on 23 Jan 2025 by RENTAL PROPERTY AGENCY PTY LTD

Happy sellers in Fortitude Valley

95%

95% 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 109 reviews in Fortitude Valley over the last 12 months.

Local market activity for 1 bedroom apartments in Fortitude Valley

In the last 12 months, 152 one-bedroom apartments similar to 1207/348 Water St, have been sold.

This represents a 47% increase in one-bedroom apartments sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Fortitude Valley for a free market appraisal.

Andrew Tran

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4.8

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Nearby agents

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