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509/348 Water Street

Fortitude Valley, QLD 4006, Australia
$598,000
1 bed 1 bath

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Area Price Guide
$562,120$633,880

Indicative price guide range

🏘️
79
Comparable
📊
$812,500
Area median
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-26%
vs median
🗓️
1 week ago
Listed

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About this property

This beautifully presented one-bedroom apartment offers a generous living area with a spacious open-plan design, perfect for modern living. The light-filled living space flows seamlessly onto a private balcony, where you can relax and enjoy stunning city views ideal for morning coffee or evening sunsets. Designed for comfort and functionality, this apartment is ideal for first-home buyers, professionals, or investors seeking strong rental appeal. A fantastic opportunity to secure a stylish home combining lifestyle, convenience, and impressive outlooks. Property Features: - Spacious and well-designed open-plan living and dining area - Extra built-in study desk with integrated cabinetry - Large balcony to enjoy city view - Contemporary kitchen with quality appliances and ample storage - Generous bedroom with built-in wardrobe - Stylish bathroom with modern finishes - Fresh white-tiled finishes enhancing the light and modern aesthetic - Air-conditioning throughout, plus ceiling fans in both the bedroom and living area - Separate internal laundry complete with clothes dryer - Secure building with intercom access and lift Residents of Central Village enjoy resort-style amenities including a lagoon-style swimming pool surrounded by tropical gardens, a fully equipped gym, rooftop BBQ areas, and a communal recreation space with a full-sized pool table. With on-site management providing added peace of mind, this is inner-city living at its finest. More information: *Total Area: 57sqm *Body Corp: $1,757.7 every 4 months approx (around $5255.1 per year/ $101.06 per week) *Council Rates: $550.8 p.q. approx *Current rent is $530 per week to 09/09/2026 *New rental appraisal: $600$610 per week *The Building: Built in 2014 Cambridge Towers has a total of 165 apartments spread over 19 Floors *Pet friendly complex *The resident can obtain Brisbane City Council Resident Street Parking Permit Perfectly positioned for effortless inner-city living, the residence enjoys exceptional connectivity with Fortitude Valley Train Station, James Street and King Street precinct, and multiple bus routes all within a comfortable 10-minute walk. Approximate Distances Immediate access to cafe, supermarket, swimming pool, and gym 80m to bus stop 350m to Brisbane Exhibition Grounds 400m to King Street dining and entertainment precinct 450m to Fortitude Valley Train Station and Woolworths 550m to bank branch and Australia Post 650m to Fortitude Valley Chinatown 1km to Royal Brisbane & Women's Hospital Less than 2km to Brisbane CBD Please be advised that the images provided showcase a similar style apartment on a different floor. We highly recommend scheduling a viewing of the specific apartment to confirm its suitability for your needs. Disclaimer: The information contained in this website has been prepared by Invech Corporation Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify, and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this website.

Property Features

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    Repayment calculator

    $2,899/month
    $1,450 /fortnight
    Loan $478,400 at 6.10% over 30 years

    Upfront costs

    Deposit$119,600
    Stamp duty$19,935
    Conveyancing (est.)$2,000
    Total upfront$141,535
    Verify with QLD revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    apartment
    Listing Type
    For Sale
    Bedrooms
    1
    Bathrooms
    1
    Listed
    1 week ago

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