1106 / 348 Water Street, Fortitude Valley

2 bed | 2 bath | 1 car

1106 / 348 Water Street, Fortitude Valley | MUST SELL!


This beautiful 2 bedroom NRAS Property is currently earning 5.6% a year earning $26,716 per annum.

Under the NRAS scheme out of the total income $10,258 of the return is non taxable which brings your taxable income for this property from $26,716 down to $16,458 an opportunity not to be missed!!!

If investment is not what you are looking for, this spectacular 2 bedroom 2 bathroom 1 car park apartment with city views is surrounded with shopping malls, public transports, local cafes and restaurants that offers both convenience and city living lifestyle at it's best.


- 5 Min walk to the famous King street precinct where local famous restaurants and cafes are located.

- 5 Min walk to Brunswick Street Train Station

- 10 Min walk to Brunswick Street Shopping Mall

- 2km to Brisbane City

- 2.1kn to Royal Brisbane Hospital

- 12km to Brisbane Airport


- 2 Resort style pools with beautiful gazebos

- 2 BBQ areas (rooftop and pool)

- Rooftop area with amazing city views

- Undercover secure parking

With record low interest rates, do not miss out on this opportunity to purchase !!

Book an inspection now with Daniel Kao 0408233615

Daniel Kao | 0408 233 615 | daniel@projectpropertysales.com.au