401/348 Water Street, Fortitude Valley, Qld 4006

Just Listed!

Apartment
Type
1
Bedrooms
1
Bathrooms

Published on Thursday, September 03, 2026 ( See property details for 401/348 Water Street, Fortitude Valley, Qld 4006)

Just Listed!

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

This modern one-bedroom apartment in Fortitude Valley offers stylish, low-maintenance city living with excellent amenities and connectivity.

🏡 Property Highlights

  • Prime inner-city location in Fortitude Valley with vibrant lifestyle amenities
  • Modern one-bedroom apartment with open-plan living and dining area
  • Low-maintenance design ideal for first-home buyers, professionals, and investors
  • Close proximity to cafes, restaurants, bars, boutiques, and entertainment venues
  • Excellent connectivity to Brisbane CBD and popular precincts like James Street and Howard Smith Wharves
  • Affordable body corporate levy and rental potential of up to $625 per week

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Waterfront / Views
  • Security Screens / Gates
  • NBN / High-Speed Ready
  • Fully fenced
  • Internal Laundry
  • Floorboards
  • Pet-Friendly
  • Balcony

Fortitude Valley is Brisbane’s premier entertainment and lifestyle precinct, renowned for its vibrant nightlife, diverse dining options, boutique shopping, and cultural attractions. Its central location offers excellent connectivity to the CBD and surrounding suburbs, making it ideal for professionals and investors seeking a dynamic urban lifestyle. The area boasts a mix of modern apartments and historic charm, with abundant amenities and recreational venues. With easy access to public transport and major roads, residents enjoy seamless travel across Brisbane. The neighbourhood’s energetic atmosphere and proximity to key attractions make it one of Brisbane’s most sought-after inner-city suburbs.

What are the key features of this apartment?
This apartment features an open-plan living and dining area, a modern kitchen, a generous bedroom with built-in storage, a contemporary bathroom, and a balcony, all designed for low-maintenance city living.
Is the property suitable for investment purposes?
Yes, with a rental appraisal of $575 to $625 per week and a prime location in Fortitude Valley, this apartment offers strong investment potential.
What amenities are nearby?
Residents have access to a variety of cafes, restaurants, bars, boutiques, entertainment venues, and are close to Brisbane Showgrounds, James Street, Howard Smith Wharves, and New Farm.
How connected is the property to Brisbane’s CBD?
The apartment is just minutes from the CBD, with excellent public transport options and easy access to major roads, making commuting convenient.
What is the condition of the property?
The property is well-maintained, with virtually staged images used for illustration; buyers are encouraged to inspect in person to verify its condition.
Are there any upcoming or planned developments in the area that could affect the property's value or lifestyle? What are the total annual costs including rates, water, and body corporate fees, and are there any special levies upcoming? Are there any restrictions or easements on the property that could impact future renovations or use? Has the property been inspected for structural issues, pests, or other defects? Is the property located in a flood or bushfire-prone zone, and what are the associated risks? Are there any ongoing disputes or issues with the body corporate or strata scheme? What are the parking arrangements, and is secure or undercover parking available? Are there any noise or nuisance issues from nearby entertainment venues or traffic? Has the property been compliant with all building codes and regulations? Are there any planned infrastructure or construction projects nearby that could impact the property?

401/348 Water Street, Fortitude Valley, Qld 4006 - More Details

Just Listed!

Offering an effortless blend of modern comfort, convenience and lifestyle appeal, this well-positioned one-bedroom apartment presents an excellent opportunity for first-home buyers, professionals and investors alike. Designed for easy living, the residence provides a low-maintenance retreat in one of Brisbane's most vibrant inner-city precincts.

Inside, the apartment offers a well-proportioned open-plan living and dining area that connects seamlessly with the contemporary kitchen, creating a comfortable and functional space for everyday living and entertaining. The generous bedroom is fitted with built-in storage and is complemented by a modern bathroom, completing this practical and low-maintenance residence.

Perfectly positioned to embrace everything Fortitude Valley has to offer, residents are surrounded by an exceptional choice of cafes, restaurants, bars, boutiques and entertainment venues. The Brisbane Showgrounds, James Street, Howard Smith Wharves and New Farm are all within easy reach, while the CBD is just minutes away, making this an ideal base for enjoying Brisbane's inner-city lifestyle.

Whether you're looking for a smart investment, a convenient city base or a stylish home close to everything, this apartment delivers an outstanding combination of location, lifestyle and low-maintenance living. With excellent connectivity and an abundance of amenities at your doorstep, this is an opportunity not to be missed.

Financials
- Rates: $500 per quarter
- Water: $200 per quarter + usage
- Body Corporate Levy: $1,350 per quarter (approx.)
- Rental Appraisal: $575 - $625 per week

Please note: Some images have been virtually staged for illustrative purposes only. Furniture, décor, and styling shown may not reflect the current presentation of the property. Buyers are encouraged to inspect the property in person to verify its features and condition.

In-Room Auction
Location: Ray White West End (5/156 Boundary Street, West End)
Thursday 24th September 2026 at 11am

Disclaimer
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. Whilst every effort has been made to ensure the accuracy of information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries and searches with all relevant authorities.
Type
Apartment
Bedrooms
1
Bathrooms
1
House Size
71 m²

Inspections times

  • Inspection Tue 8 Sep 4:20 pm

    Tuesday 8 September
    4:20 pm - 4:40 pm
  • Inspection Sat 12 Sep 1:40 pm

    Saturday 12 September
    1:40 pm - 2:00 pm
  • Inspection Sat 19 Sep 9:40 am

    Saturday 19 September
    9:40 am - 10:00 am
  • Inspection Wed 23 Sep 4:00 pm

    Wednesday 23 September
    4:00 pm - 4:30 pm
Thank you for submitting your reminder request.

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