402/348 Water Street, Fortitude Valley QLD 4006

Contact our office by email - [email protected] or 07 3539 8844-2 to arrange an inspection today!

This modern one-bedroom, one bathroom apartment will impress you from the first inspection with its convenient resort-style living.

Boasting resort style amenities such as lagoon swimming pool surrounded by the tropical gardens, gym and rooftop BBQ areas, residents simply love living in this complex.

The apartment provides stylish and high-quality living, all within walking distance to a multitude of dining, shopping options, as well as parks and bike paths. Given the prime location to an array of lifestyle options and easy access to public transport (bus stops and Fortitude Valley train station) and only 2kms from the CBD!

Located on the 4th floor of the "Cambridge Towers" building in Central Village - 348 Water Street, Fortitude Valley.

Central Village is a development on the edge of Fortitude Valley and Spring Hill, and incorporates Cambridge and Oxford Towers with an on-site management office. The main on-site reception is at 10 Trinity Street, Fortitude Valley

This stylish one-bedroom apartment offers the following:
- Spacious outdoor balcony (11sqm)
- Modern white finish throughout with tiling
- 1 large bedroom with built-in wardrobes
- Air-conditioned throughout including ceiling fans
- Open plan kitchen with stone benchtop, ample cupboard space, kitchen island
- Dishwasher and microwave included
- Laundry space with clothes dryer included


The complex features:
- Lifestyle and convenience in a resort-style development
- Large swimming pools with BBQ and seating facilities
- Pavilion room with a large snooker/pool table, TV and 2 large sitting areas
- A fully equipped gym and a large yoga lawn
- Private rooftop area with city views at level 19 - Captures views over Brisbane's CBD and you can enjoy river fire from Story Bridge!
- Secure building with CCTV, intercom and resident-only access, on-site management
(Terms and Conditions apply)

*Resident can obtain Brisbane City Council Resident Street Parking Permit, 12 months for $15.


Rental information - Good Investment income for the property investor!

This property is under National Rental Affordability Scheme (NRAS) until August 2024. The current NRAS rental price at $252 per week and the lease is until 15/08/2022. Under the NRAS scheme, the property owner can enjoy an extra non-taxable incentive of around $11,000 per year.

No obligation to continue with NRAS.
Current market rent of approx. $350~360 per week.

More information:
*Total Area: 59sqm (including balcony 11sqm)
*Body Corp: $1,241 every 4 months approx
*Council Rates: $415.95 p.q. approx
*Urban Utilities: $280 p.q approx
*The Building: Built in 2014 Cambridge Towers has a total of 165 apartments over 19 Floors
*Pets friendly complex

Living is easy with public transport connections such as Fortitude Valley Train Station, King Street, and Bus Stops are all within a 10-minute walk from your doorstep.

- 0m to the closest Café, Supermarket, Swimming pool, Gym
- 80m to the bus stop
- 350m to Brisbane Exhibition Grounds
- 400m to King Street Dining Precinct
- 450m to Fortitude Valley Train Station and Woolworths
- 550m to Bank branch and Australia Post
- 650m to Fortitude Valley China Town
- 1km to Royal Brisbane and Women's Hospital (RBHW)
- Less than 2km to Brisbane CBD