Back 1808/348 Water St
Off Market

1808/348 Water St

Fortitude Valley QLD 4006

2
1
1
Unit
Last sold for $685,000
Muket AbrehaMuket Abreha, last sold this property on 02 September 2025 after 77 days on market.

Overview

A Sky-High Sanctuary with Sweeping City Views

Welcome to the heart of Brisbane. Soaring high on the 18th floor of the coveted prestigious Cambridge Towers, this spacious two-bedroom residence is a seamless blend of comfort, style, and unbeatable city convenience. From the moment you arrive, light floods the interiors through floor-to-ceiling glass, creating a bright and airy ambiance that feels both expansive and inviting. Whether you're entertaining in the open-plan living area or unwinding with a glass of wine on the balcony, this apartment offers a lifestyle of effortless elegance. Step inside and experience: -Master bedroom with large built-in robe, air conditioning, ceiling fan, and floor-to-ceiling windows framing stunning city views -Second spacious bedroom with built-in robe, ceiling fan, and expansive outlooks -Open-plan living and dining areas that flow seamlessly to the kitchen and balcony, ideal for entertaining -Contemporary kitchen with modern appliances, ample cupboard and bench space -Study area perfect for working from home -Large modern bathroom with high-quality finishes -Secure underground parking with internal access The Cambridge Towers Lifestyle: Living at Cambridge Towers means you’re not just buying a home, you’re stepping into a lifestyle. -Enjoy resort-style facilities including: -Resort-style swimming pool -Fully equipped gymnasium -Billiard room/lounge -Rooftop BBQ area with panoramic city views -Two meeting rooms for work or events -Visitor car parking for your guests Outgoings (approximate): - Body Corporate: $1,200 - per quarter - Council Rates: $508 - per quarter - Water Rates: $254 Plus consumption - per quarter - Rental Appraisal: $720 - $750 per week Unbeatable Location: Nestled in the vibrant hub of Fortitude Valley, everything you need is right at your doorstep: With Royal Brisbane Women’s Hospital, Brunswick Street Mall, the King Street dining precinct, and the Royal Brisbane Showgrounds just a short walk away, you’re never far from everything that makes inner-city Brisbane so magnetic. Add to that the nearby cafes, bars, award-winning restaurants, green parks, and public transport and you’ve found a lifestyle that’s as connected as it is elevated. To arrange a private inspection, contact Muket Abreha on 0488 461 420.

Features

2 bedrooms
1 bathroom
1 carspace
1 open car space
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Fortitude Valley over the last 12 months, the estimated median property value of 1808/348 Water St is $763k.

Median value
$763k
Estimated value range
$565k - $1.73m
Median days on market
21
Estimated value trend
17%
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 1808/348 Water St

2025
Sold
$685,000
Private Sale/Treaty on 02 Sep 2025 by Muket Abreha, of Junction Estate Agents
2024
Sold
$575,000
17 Aug 2024 by Lachy Reid, of Ethel & Florence
2023
Rented
Undisclosed
Leased on 31 Aug 2023 by Bromley Real Estate

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 110 reviews in Fortitude Valley over the last 12 months.

Local market activity for 2 bedroom units in Fortitude Valley

In the last 12 months, 41 two-bedroom units similar to 1808/348 Water St, have been sold.

This represents a 13% decrease in two-bedroom units sales when compared to the previous 12 months.

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