Back 1303/348 Water St
Off Market

1303/348 Water St

Fortitude Valley QLD 4006

1
1
Apartment
Last sold for $575,000
Judy ChuJudy Chu, last sold this property on 18 February 2026 after 8 days on market.

Overview

Level 13 Move-In Ready 1BR | Panoramic Views & High Rental Return

This stunning modern one-bedroom apartment offers an exceptional opportunity to secure premium inner-city living. Positioned high on level 13, the apartment boasts sweeping panoramic views and a bi-fold window design that floods the open-plan living and dining area with natural light. Designed for comfort and lifestyle, the sleek contemporary layout creates a bright, airy atmosphere perfect for relaxing or entertaining. Whether you're an owner-occupier or investor, this apartment delivers on both style and location. Perfectly positioned in Brisbane's vibrant lifestyle district, with dining, entertainment and transport right at your doorstep. Apartments in this complex are tightly held - and it's easy to see why. Optional furnished package also available, offering a move-in-ready option or an exceptional investment opportunity. A new rental appraisal estimates a return of approximately $600-$630 per week for a furnished one-bedroom apartment Property Features: - Bright and beautiful open-plan living and dining space, bathed in natural light - Stylish kitchen with generous cupboard space, electric cooktop, oven, and dishwasher - Built-in desk design for work or study at home - Spacious bedroom with built-in wardrobes - Well-proportioned and light-filled bathroom - Air-conditioning throughout, plus ceiling fans in the living room and bedroom - Modern, white tiled finishes throughout - Separate laundry with included clothes dryer Located within the highly sought-after Central Village complex, residents enjoy a true resort-style experience, including: *Lagoon-style swimming pool surrounded by lush tropical gardens *Fully equipped gym *Rooftop BBQ and entertaining areas *Communal recreation space with full-size pool table *On-site management for added convenience More information: *Total Area: 48sqm *Body Corp: $1,725.4 every 4 months approx (around $5176.2 per year/ $99.54 per week) *Council rates: Approx. $548.80 per quarter *The Building: Built in 2014 Cambridge Towers has a total of 165 apartments spread over 19 Floors *Pet friendly complex Perfectly positioned for effortless inner-city living, the residence enjoys exceptional connectivity with Fortitude Valley Train Station, James Street and King Street precinct, and multiple bus routes all within a comfortable 10-minute walk. Approximate Distances Immediate access to cafe, supermarket, swimming pool, and gym 80m to bus stop 350m to Brisbane Exhibition Grounds 400m to King Street dining and entertainment precinct 450m to Fortitude Valley Train Station and Woolworths 550m to bank branch and Australia Post 650m to Fortitude Valley Chinatown 1km to Royal Brisbane & Women's Hospital Less than 2km to Brisbane CBD Please note images are indicative of the same style apartment on a different floor, a viewing of the specific apartment is recommended to confirm suitability Disclaimer: The information contained in this website has been prepared by Invech Corporation Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify, and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this website.

Features

1 bedroom
1 bathroom
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 1303/348 Water St is $600k.

Median value
$600k
Estimated value range
$437.5k - $775k
Median days on market
20
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 1303/348 Water St

2026
Sold
$575,000
Private Sale/Treaty on 18 Feb 2026 by Judy Chu, of Australian Property Management Alliance - Mango Hill
2023
Sold
$305,000
Private Sale/Treaty on 02 Jun 2023 by Judy Chu, of Australian Property Management Alliance - Mango Hill
2019
Rented
Undisclosed
Leased on 22 Aug 2019 by Joy Realty

Happy sellers in Fortitude Valley

94%
94% 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, 154 one-bedroom apartments similar to 1303/348 Water St, have been sold.

This represents a 45% increase in one-bedroom apartments sales when compared to the previous 12 months.

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