Back 1502/338 Water Street
Off Market

1502/338 Water Street

Fortitude Valley QLD 4006

1
1
1
58 m²
Unit
Michael HatzifotisMichael Hatzifotis, last sold this property on 15 May 2026 after 18 days on market.

Overview

High-Floor Living with Resort-Style Amenities

Perched high on the fifteenth floor of Oxford Towers within the vibrant Central Village precinct, this elevated apartment delivers a refined inner-city lifestyle with sweeping urban views and exceptional everyday convenience. Capturing expansive outlooks across the surrounding skyline and rooftops, the residence offers a low-maintenance retreat in one of Brisbane's most connected locations. Inside, generous glazing invites abundant natural light into the open-plan living and dining area while perfectly framing the elevated outlook. A neutral colour palette and tiled flooring create a sleek, contemporary aesthetic, complemented by ceiling fans and split-system air conditioning for year-round comfort. Sliding glass doors extend the living space to a covered balcony—an ideal setting to unwind, entertain, and enjoy cooling breezes against a city backdrop. The kitchen is thoughtfully integrated in a practical galley layout, featuring stone benchtops, a tiled splashback, and ample cabinetry. Quality stainless steel appliances include an electric oven, cooktop, dishwasher, and built-in microwave, delivering both style and functionality. Privately positioned, the bedroom is well-appointed with plush carpet, a mirrored built-in wardrobe, and a built-in study desk—perfect for work-from-home flexibility. It also includes a ceiling fan and air conditioning for added comfort. The bathroom is finished in a clean, modern palette with a glass-framed shower and a vanity with storage, while a full-size internal laundry enhances everyday practicality. Residents of Oxford Towers enjoy access to impressive resort-style amenities, including lagoon and lap pools, a fully equipped gym, yoga lawn, and a rooftop entertaining terrace with BBQ facilities and city views. A pavilion lounge with seating and a pool table provides additional communal space, while secure entry, lift access, CCTV, and onsite management ensure peace of mind. The apartment also includes secure parking for one vehicle. Positioned within Central Village, the property places an array of lifestyle and convenience offerings at your doorstep, with cafés, supermarkets, and public transport close by. King Street dining, James Street boutiques, Chinatown, and Fortitude Valley train station are all within easy walking distance, while the Brisbane Showgrounds, Royal Brisbane and Women's Hospital, and the CBD are just minutes away. Combining elevated views, modern finishes, and outstanding amenities, this apartment presents an exceptional opportunity for professionals, investors, or first home buyers seeking a premium inner-city address. Enquire today to arrange your inspection.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
58 m² floor area
Unit

Estimated Value

Based on this property and similar 1 bedroom units sold in Fortitude Valley over the last 12 months, the estimated median property value of 1502/338 Water Street is $575k.

Median value
$575k
Estimated value range
$345k - $710k
Median days on market
24
Estimated value trend
15%
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 1502/338 Water Street

2026
Sold
Undisclosed
15 May 2026 by Michael Hatzifotis, of Place South Brisbane
2026
Rented
Undisclosed
Leased on 09 Feb 2026 by Ray White West End
2025
Sold
$510,000
15 Apr 2025 by Matthew Paxton, of McGrath South Brisbane

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 units in Fortitude Valley

In the last 12 months, 46 one-bedroom units similar to 1502/338 Water Street, have been sold.

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

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