705/338 Water St

Off Market

705/338 Water St

Fortitude Valley QLD 4006

51 m²

Apartment

Last sold for $456,000

Jack Di Prima, last sold this property on 30 July 2025 after 28 days on market.

Overview

Modern City Living in the Heart of Fortitude Valley

Step into effortless urban living with this beautifully designed 1-bedroom, 1-bathroom apartment in one of Fortitude Valley's most sought-after addresses. Whether you're a first-time buyer, a savvy investor, or looking for a stylish inner-city base, this unit ticks all the boxes. Currently rented for $540 PER WEEK!! Boasting a smart open-plan layout, this apartment is filled with natural light and cleverly maximises space to offer comfort, functionality, and contemporary style. The sleek kitchen features quality appliances, modern cabinetry, and generous bench space perfect for everyday living or entertaining friends. The bedroom is a peaceful haven, while the modern bathroom delivers clean lines and elegant finishes for a polished touch. Located in the vibrant heart of Fortitude Valley, you're just moments from renowned cafes, boutique shopping, nightlife, and transport links everything you need is right at your doorstep. Residents also enjoy access to secure building facilities and well-maintained communal areas such as a pool, gym and rooftop terrace, offering the ideal blend of privacy and connection. Don't miss your chance to secure a quality apartment in a thriving urban hub.

Features

1 bedroom

1 bathroom

51 m² lot size

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 705/338 Water St is $600k.

Median value

$600k

Estimated value range

$437.5k - $775k

Median days on market

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 705/338 Water St

2025

Sold

$456,000

Private Sale/Treaty on 30 Jul 2025 by Jack Di Prima, of Place West

2025

Rented

Undisclosed

Leased on 06 Apr 2025 by Joy Realty

2024

Sold

$410,000

Private Sale/Treaty on 08 Jun 2024 by Nikhil Doshi, of List My Home

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 705/338 Water St, have been sold.

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

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Fortitude Valley for a free market appraisal.

Andrew Tran

at SPACE Property Paddington

(294 reviews)

Get a free market appraisal

Michael Kafantaris

at Place Estate Agents - New Farm

(178 reviews)

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Judy Chu

at Australian Property Management Alliance - Mango Hill

(82 reviews)

Get a free market appraisal

Jeremy Paikaew

at Junction Estate Agents

4.8

(45 reviews)

Get a free market appraisal

Nearby agents

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

Andrew Tran

Sellers who recommend Andrew Tran have praised them for being clear communication, responsive, local expert, supportive, friendly, well-prepared and stress-free process