Peaceful. Spacious. Close to Everything - Low Body Corp
Welcome to 348 Water Street - a spacious, intelligently designed one-bedroom residence offering light-filled living and true lock-and-leave convenience in one of Fortitude Valley's most connected pockets.
Positioned within Cambridge Towers, this apartment enjoys elevation, privacy and a leafy outlook - delivering calm above the energy of the city below.
Ideal for first home buyers wanting lifestyle without compromise, or investors seeking a low-maintenance asset with enduring rental appeal.
What We Love About This One-Bedroom
• Low body corporate fees for a building with extensive facilities
• Generous proportions rarely found in typical one-bedroom apartments
• Excellent layout with genuine separation between living and bedroom
• Spacious open-plan living and dining that feels open - not compressed
• Full-height sliding doors extending seamlessly to a covered balcony
• Outdoor space large enough for seating and entertaining
• Beautiful natural light with a calming green outlook
• Functional stone kitchen with strong storage and preparation space
• Oversized bedroom with built-ins and large window
• Air-conditioning and ceiling fans for year-round comfort
• Neutral, move-in ready presentation with scope to personalise
Where Am I Buying?
• Woolworths Metro and everyday essentials within easy walking distance
• Short stroll to James Street dining and boutique retail
• Moments to Howard Smith Wharves and the Riverwalk
• Close to Gasworks Plaza for additional shopping and restaurants
• Easy access to Fortitude Valley Train Station, including airport line
• Convenient access to RBWH and surrounding medical precinct
• Surrounded by major employment hubs across the CBD fringe
It's genuine walk-everywhere convenience - groceries, coffee, transport and lifestyle all within reach.
Why You'll Never Need to Leave the Building
Cambridge Towers delivers resort-style facilities that elevate everyday living:
• Lagoon-style swimming pool plus separate lap pool
• Fully equipped gymnasium
• Landscaped tropical gardens and shaded relaxation zones
• Yoga lawn for wellness and quiet downtime
• Residents' clubhouse with lounge and billiards
• Secure entry, CCTV and onsite management
Whether it's a morning workout, weekend pool time or relaxed evening unwind - everything is already here.
Why Invest Here?
• High-demand one-bedroom format with broad tenant and buyer appeal
• Entry-level price point supporting strong liquidity and resale flexibility
• Low body corporate fees supporting stronger net rental returns
• Lock-and-leave design ideal for professionals, hospital staff and executive tenants
• Resort-style amenities enhancing tenant appeal and helping minimise vacancy risk
• Well-maintained complex supporting long-term value preservation
• Dual appeal to both owner-occupiers seeking lifestyle and investors seeking yield
The fundamentals are simple - functionality, convenience and strong ongoing demand.
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