Back 406/348 Water St
Off Market

406/348 Water St

Fortitude Valley QLD 4006

1
1
62 m²
Unit
Last sold for $530,000
Muket AbrehaMuket Abreha, last sold this property on 23 September 2025 after 37 days on market.

Overview

Calm, Contemporary Living in the Heart of Brisbane

Step into a home where natural light fills open, airy spaces, creating a sense of calm and effortless city living. With a flowing layout and a balcony that invites the outdoors in, this apartment is your private sanctuary just moments from Brisbane’s vibrance Step inside and experience: - A restful master bedroom with air conditioning, ceiling fan, and windows framing 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 -A bright study area, perfect for working from home or quiet reflection -Large modern bathroom with high-quality finishes The Cambridge Towers Lifestyle: Living at Cambridge Towers means you’re not just buying a home, you’re stepping into a lifestyle From your balcony or the shared rooftop, enjoy sweeping city views that complement your private retreat: -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: $1,293 - per quarter - Council Rates: $550 - per quarter - Water Rates: $240 Plus consumption - per quarter Unbeatable Location: Enjoy the best of both worlds: a peaceful, private home that’s just steps from everything Brisbane has to offer. Whether you’re enjoying quiet moments inside or stepping out to experience the city’s vibrant lifestyle, this apartment provides the perfect balance of comfort and convenience. To arrange a private inspection, contact Muket Abreha on 0488 461 420.

Features

1 bedroom
1 bathroom
62 m² lot size
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 406/348 Water St is $553.5k.

Median value
$553.5k
Estimated value range
$345k - $710k
Median days on market
26
Estimated value trend
20%
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 406/348 Water St

2025
Sold
$530,000
Private Sale/Treaty on 23 Sep 2025 by Muket Abreha, of Junction Estate Agents
2025
Rented
Undisclosed
Leased on 08 Apr 2025 by Atlas Brisbane
2020
Rented
Undisclosed
Leased on 11 Feb 2020 by Coronis | Brisbane Central

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 109 reviews in Fortitude Valley over the last 12 months.

Local market activity for 1 bedroom units in Fortitude Valley

In the last 12 months, 54 one-bedroom units similar to 406/348 Water St, have been sold.

This represents a 21% increase in one-bedroom units sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Fortitude Valley

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent