Back 611/348 Water Street
Off Market

611/348 Water Street

Fortitude Valley QLD 4006

1
1
59 m²
Unit
Muket AbrehaMuket Abreha, last sold this property on 13 March 2026 after 60 days on market.

Overview

A Peaceful Retreat in the Heart of the Valley

Set quietly above the city, Residence 611 at 348 Water Street offers something rare: the convenience of inner-city living paired with a true sense of calm and privacy. From the moment you walk in, floor-to-ceiling windows draw in natural light and capture beautiful elevated views, giving the apartment an open, airy feel while still feeling private and relaxing. It’s the kind of space where mornings feel brighter and evenings feel peaceful. The sleek kitchen flows into the living area, while the bedroom is designed as a quiet retreat with built-in storage and easy access to the modern bathroom. A dedicated study area provides the perfect space for working from home or creating a personal nook. Low maintenance, beautifully presented and easy to live in, this is inner-city living made simple. Featuring: - Light-filled open-plan living with floor-to-ceiling windows - Beautiful elevated outlooks without the city noise - Modern kitchen with quality appliances and ample storage - Peaceful bedroom with built-in robe - Dedicated study area - Contemporary modern bathroom - Air conditioning and internal laundry - Secure building with lift access 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 perfectly complement your private retreat. - Resort-style facilities include: - 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: $1,363 - per quarter - Council Rates: $550 - per quarter - Water Rates: $223 Plus consumption - per quarter Lifestyle and location: Situated in the heart of Fortitude Valley yet tucked away from the rush, you’re close to cafés, restaurants, transport, shopping, and Brisbane CBD, while still enjoying a quiet, private place to come home to. A smart city investment. A peaceful home. The best of both worlds. To arrange a private inspection, contact Muket Abreha on 0488 461 420. Disclaimer The images representing this property have digitally been enhanced and decorated. Junction Estate Agents and its representatives have not independently verified the accuracy of the information, documentation, or property descriptions contained in this advertisement. The information provided has been sourced from third parties and is presented for marketing and general informational purposes only. Junction Estate Agents makes no representation, warranty, or guarantee as to the accuracy, reliability, or completeness of the information provided. We expressly disclaim any liability for any loss or damage arising from reliance upon such information. Prospective purchasers and tenants are strongly advised to conduct their own due diligence and investigations, including but not limited to legal, financial, and building inspections, prior to entering into any agreement. Please note that images, floor plans, and videos may be digitally enhanced and may not accurately reflect the current condition, features, or dimensions of the property. We recommend all interested parties physically inspect the property and seek independent professional advice before proceeding with any transaction.

Features

1 bedroom
1 bathroom
59 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 611/348 Water Street 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 611/348 Water Street

2026
Sold
Undisclosed
Private Sale/Treaty on 13 Mar 2026 by Muket Abreha, of Junction Estate Agents
2024
Rented
Undisclosed
Leased on 29 Sep 2024 by Joy Realty

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, 52 one-bedroom units similar to 611/348 Water Street, have been sold.

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

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