Floor
plan
17
Photos
Location
Reset to default
Report ListingRocky Bhullar
Agent Name
List your property today
Showcase your real estate where it truly matters - in your local community.
Reach out to our team and gain exposure in no time.
Contact us
Australia | Fortitude Valley
405/338 Water Street, Fortitude Valley, Qld 4006
Opportunity for first home buyers or investors in the heart of Brisbane, **For Sale: Modern Urban Apartment in Fortitude Valley - Offers Above $399,000**
Welcome to your new sanctuary at 405/338 Water Street, Fortitude Valley! This stylish 1-bedroom, 1-bathroom apartment is perfect for those seeking a vibrant urban lifestyle without compromising on comfort and convenience.
**Property Highlights:** - **Spacious Living:** Enjoy a generous 62 sqm of well-designed living space that maximizes both functionality and style. The open-plan layout seamlessly connects the living room, dining area, and kitchen, creating an inviting atmosphere for relaxation and entertaining.
- **Modern Kitchen:** The contemporary kitchen features sleek cabinetry and ample counter space, making it a joy to prepare meals. Whether you're hosting friends or enjoying a quiet dinner, this space is sure to impress.
- **Private Balcony:** Step out onto your private balcony and take in the stunning city views. It's the perfect spot to unwind with a morning coffee or enjoy a glass of wine while soaking up the urban vibe.
- **Stylish Bedroom:** The spacious bedroom is designed for comfort, complete with ample storage, fully air conditioning and natural light. It's your personal retreat after a long day in the bustling city.
- **Elegant Bathroom:** The modern bathroom features high-quality fixtures and finishes, providing a spa-like experience in the comfort of your home.
**Building Amenities:** This high-rise apartment building offers a range of amenities that enhance your living experience, including a refreshing pool, landscaped gardens, and secure entry. Enjoy the convenience of city living with everything you need at your doorstep.
**Location:** Nestled in the heart of Fortitude Valley, this apartment is surrounded by an array of dining, shopping, and entertainment options. Explore the vibrant nightlife, indulge in gourmet restaurants, or take a leisurely stroll along the nearby parks and waterways. With excellent public transport links, commuting to the CBD or beyond is a breeze.
**Don't Miss Out!** This is a rare opportunity to secure a modern apartment in one of Brisbane's most sought-after locations. Whether you're a first-time buyer, a savvy investor, or looking to downsize, this property offers incredible value.
KEY FEATURES: • Prime location in fortitude valley.
• Air-conditioning and ceiling fans throughout.
• Contemporary Work from home desk/Study Desk.
• Open plan living room and kitchen with built in study nook.
• Fully equipped Kitchen and dishwasher ,microwave, and island benchtop. • Large bathroom. • Internal laundry area including a dryer. • Secure building with CCTV and onsite management.
• Beach style lagoon and lap pool and a fully equipped gym. • Private rooftop area with BBQ facilities and panoramic city views.
• Pavilion room with a snooker/pool table and comfortable sitting areas.
• Large yoga lawn for relaxation and wellness activities.
• Short walk to bus and train stations.
• Proximity to Royal Brisbane Hospital,Shops,Parks,fortitude valley train station, fortitude valley mall,james street Mall.
**Contact Akash Dhillon 0432705130 For more information or to schedule a private viewing, please contact us. Make this urban oasis your new home and experience the best of Fortitude Valley living!
**Price Guide:** Offers Above $399,000 For Investment purposes
Current rent appraisal $500-$550 Body Corporate Rates approx $3970 per year. Brisbane city council rates approx $450 per quarter. current lease valid till 26/03/2025
Current rent. $504.00 Fortnightly
NRAS grant approx $12,000.00 per Year
*Note: This property under NRAS scheme tenure finishing in march next year (2024) and currently owner gets annually grant of approx $12,000.00 as part of incentives from state and federal gov. For new owner will have access to this grant the period of
ownership of the property via pro rata.
• • Disclaimer:All information is provided in good faith and is accurate to the best of our knowledge, but Ray White acacia ridge takes no responsibility for any error or omission.Buyers are encouraged to conduct their own enquiries and should satisfy themselves as to all aspects of the property prior to making any purchasing decision.
Secure Parking:
no
Dishwasher:
no
Broadband:
no
Ducted Heating:
no
Ducted Cooling:
no
Split system Heating:
no
Hydronic Heating:
no
Split system Air con:
no
Gas Heating:
no
Reverse Cycle Air con:
no
Evaporative Cooling:
no
Air Conditioning:
no
Alarm System:
no
vacuumSystem:
no
Intercom:
no
Pool In Ground:
no
Pool Above Ground:
no
Tennis Court:
no
Balcony:
no
Deck:
no
Court yard:
no
Outdoor Ent:
no
Shed:
no
Open FirePlace:
no
Hot Water Service:
no
Inside Spa:
no
Outside Spa:
no
Furnished:
no
Study:
no
Built in Robes:
no
Gym:
no
Workshop:
no
Rumpus Room:
no
Floor boards:
no
PayTV:
no
Fully Fenced:
no
entertaining area:
no
Vacuum System:
no
Ducted Vacuum System:
no
Swimming Pool In ground:
no
Energy Efficiency Rating: Low (0):
no
Energy Efficiency Rating: Med (6.0):
no
Energy Efficiency Rating: High (8.0):
no
Energy Efficiency Rating: Med (5.0):
no
Energy Efficiency Rating: Med (5.5):
no
Energy Efficiency Rating: High (10.0):
no
Energy Efficiency Rating: Low (0.5):
no
Energy Efficiency Rating: Low (2.5):
no
Energy Efficiency Rating: High (8.5):
no
Energy Efficiency Rating: Med (7.0):
no
Energy Efficiency Rating: Low (1.5):
no
Energy Efficiency Rating: Low (3.5):
no
Energy Efficiency Rating: Med (4.0):
no
Energy Efficiency Rating: Low (3.0):
no
Energy Efficiency Rating: Low (2.0):
no
Energy Efficiency Rating: Med (7.5):
no
Energy Efficiency Rating: Med (6.5):
no
Your monthly budget 
We use your income and expenses to calculate how much remains each month after you make loan repayments.
Repayments
Expenses
Remaining
Listed price from 399,000 We use your income and expenses to calculate how much remains each month after you make loan repayments.
Deposit
The Available deposit figure below shows your total deposit minus upfront costs. Please click on the link for detail.
Interest
Based on current RBA Lenders' Interest Rates. For Owner occupied properties it is 6.28% and Investment properties 6.52%.
Agent Name
Agent Name
To request an inspection
