Back 1604/348 Water Street
Off Market

1604/348 Water Street

Fortitude Valley QLD 4006

1
1
1
Apartment
Last sold for $532,000
Ethan PetrieEthan Petrie, last sold this property on 14 May 2025 after 15 days on market.

Overview

Contemporary One-Bedroom Apartment in the Heart of Fortitude Valley!

Positioned in the vibrant lifestyle precinct of Fortitude Valley, this stylish one-bedroom apartment presents a perfect blend of modern design, low-maintenance living, and unbeatable convenience. Whether you're an owner-occupier seeking inner-city ease or an investor looking for a well-located asset, this property ticks all the right boxes. Located within a cosmopolitan residential complex, the apartment welcomes you with a long entrance hallway leading into a bright, open-plan living, dining, and kitchen area. Floor-to-ceiling windows flood the space with natural light while offering sweeping suburban views, creating an airy and inviting atmosphere. The sleek, well-appointed kitchen features a built-in dishwasher, microwave, and generous storage. A smartly integrated study nook sits by the windows, providing an ideal space for remote work or study with a view. Step out from the living area onto the private balcony-perfect for relaxing or entertaining-complete with a handy storage cupboard. The bedroom is well-sized and includes built-in wardrobes and full-height windows, continuing the theme of natural light and outlooks. A modern bathroom opens off the living area, featuring quality fixtures and an integrated laundry for added convenience. Ceiling fans, air conditioning, and a secure car space round out the comforts of this thoughtfully designed apartment. Residents of the building enjoy access to exceptional amenities including: - A resort-style beach lagoon pool - Rooftop terrace with ample seating and panoramic city views - Fully equipped gymnasium - Yoga lawn and pool table lounge - Breakout areas for socialising or working - Onsite management and CCTV security Financials - Rates: $500 per quarter - Water: $200 per quarter + usage - Body Corporate Levy: $1,200 per quarter (approx.) - Rental Appraisal: $600 - $650 per week Ideally located just 500 metres from Fortitude Valley train station, and within walking distance of the restaurants, bars, and boutiques of both Fortitude Valley and Newstead, this apartment offers an unmatched urban lifestyle. Brisbane CBD is easily accessible by public transport or a short drive. Offering lifestyle, location, and liveability, this is an outstanding opportunity to secure a foothold in one of Brisbane's most dynamic inner-city neighbourhoods. In-Room Auction Location: Ray White West End (5/156 Boundary Street, West End) Thursday 15th May 2025 at 11am Disclaimer This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. Whilst every effort has been made to ensure the accuracy of information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries and searches with all relevant authorities.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
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 1604/348 Water Street is $600k.

Median value
$600k
Estimated value range
$437.5k - $775k
Median days on market
21
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 1604/348 Water Street

2025
Rented
Undisclosed
Leased on 10 Jul 2025 by Brisbane Realty Group
2025
Sold
$532,000
14 May 2025 by Ethan Petrie, of Ray White West End
2024
Rented
Undisclosed
Leased on 01 Aug 2024 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, 152 one-bedroom apartments similar to 1604/348 Water Street, have been sold.

This represents a 48% increase in one-bedroom apartments sales when compared to the previous 12 months.

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