1307/348 Water St

Off Market

1307/348 Water St

Fortitude Valley QLD 4006

49 m²

Apartment

Last sold for $635,000

Michael Kafantaris, last sold this property on 03 February 2026 after 13 days on market.

Overview

Private Urban Retreat with Resort Amenities and Sweeping City Views

Positioned high on Level 13 of Cambridge Towers, this contemporary apartment offers an inner-city lifestyle defined by light, outlook and everyday convenience. Elevated above the surrounding streetscape, the apartment captures expansive urban and city skyline views while enjoying a sense of privacy and calm rarely found in such a central location. Living and dining unfold across an open plan layout designed to maximise space and natural light. Tiled flooring provides a practical foundation, while full height concertina windows draw in daylight and frame elevated views across Fortitude Valley and the city beyond. The seamless connection between living and dining supports both relaxed everyday living and casual entertaining. The galley style kitchen is functional and streamlined, featuring white cabinetry, stone benchtop, tiled splashback and quality appliances including an electric cooktop and oven, integrated microwave and dishwasher. Positioned beside the dining area, the kitchen offers good storage for an apartment of this scale while maintaining a clean, uncluttered aesthetic. The bedroom provides a quiet retreat with soft carpet underfoot and a built-in wardrobe. A floor to ceiling window captures sweeping outlooks, with city lights creating a calming atmosphere at night. The bathroom is modern and well presented, incorporating a glass enclosed shower and vanity with storage. Ceiling fans and air conditioning throughout are complemented by a concealed European style laundry with additional storage and a dedicated car space, ensuring everyday functionality without compromising style. Residents of Cambridge Towers enjoy access to a range of lifestyle amenities set within landscaped surrounds. Tropical gardens connect shaded pavilions with lagoon style and lap swimming pools, while a fully equipped gymnasium and outdoor yoga lawn cater to wellness focused living. The heritage inspired Club House offers a welcoming space to unwind or socialise, complete with lounge areas and a billiard table. Secure entry, CCTV and onsite management provide added peace of mind. Located in the heart of Fortitude Valley, the apartment is surrounded by dining, shopping and fitness options, with Newstead, James Street and Howard Smith Wharves all within easy reach. Excellent access to public transport and a short commute to the Brisbane CBD complete the lifestyle appeal. Opportunities to secure an elevated apartment with views, amenities and convenience in this part of Fortitude Valley remain highly sought after. Enquire now to arrange an inspection and experience the lifestyle on offer. Disclaimer This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Features

1 bedroom

1 bathroom

1 carspace

1 garage space

49 m² 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 1307/348 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 1307/348 Water St

2026

Sold

$635,000

03 Feb 2026 by Michael Kafantaris, of Place Estate Agents - New Farm

2024

Sold

$452,000

20 May 2024 by Lachy Reid, of Ethel & Florence

2020

Rented

Undisclosed

Leased on 04 Mar 2020 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, 155 one-bedroom apartments similar to 1307/348 Water St, have been sold.

This represents a 45% 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

at SPACE Property Paddington

(297 reviews)

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Michael Kafantaris

at Place Estate Agents - New Farm

(178 reviews)

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Judy Chu

at Australian Property Management Alliance - Mango Hill

(83 reviews)

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Jeremy Paikaew

at Junction Estate Agents

4.8

(45 reviews)

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Nearby agents

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Andrew Tran

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