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203/38 Gregory Street

Condon QLD 4815

2
2
1
82 m²
97 m²
Unit
Currently for sale - view listing

Overview

Ground Floor Convenience Meets Resort Style Living!

Positioned on the ground floor of the popular Riverway Point complex, 203/38 Gregory Street presents a fantastic opportunity for investors seeking an established rental return in a convenient location. Offering two bedrooms, two bathrooms and single car accommodation, this low maintenance apartment combines a practical layout with the added appeal of secure complex living and excellent communal facilities. Currently tenanted at $480 per week until early 2027, the property offers immediate rental income for its next owner. Property Features: • Two bedrooms, two bathrooms and single car accommodation • Convenient ground floor position • Practical layout suited to comfortable, low maintenance living • Secure complex with gated access and onsite management • Resort style lagoon swimming pool and communal BBQ facilities • Visitor parking available within the complex • Conveniently located near Willows Shopping Centre, Cannon Park and Riverway Lagoons • Easy access to James Cook University, Townsville University Hospital and Lavarack Barracks Additional Information: • Currently tenanted at $480 per week • Lease in place until early 2027 • Body Corporate: Approximately $5,200 per annum • Council Rates: Approximately $3,970 per annum Offering immediate rental income, resort style facilities and a convenient location, this is an excellent opportunity to secure an established investment in Townsville's property market. Enquire today for further information or to arrange your inspection! *** Some images may have been digitally enhanced/staged for illustrative purposes ***

Features

2 bedrooms
2 bathrooms
1 carspace
1 carport space
82 m² floor area
97 m² lot size
Unit

Property history for 203/38 Gregory Street

2025
Sold
Undisclosed
16 Feb 2025 by Natalie Hart, of Property Vine
2023
Sold
$224,500
Private Sale/Treaty on 17 Jan 2023 by Natalie Hart, of Direct Collective – All Things Property
2023
Sold
$224,500
16 Jan 2023 by Natalie Hart, of Property Vine

Happy sellers in Condon

90%
90% of sellers in Condon reported that their sale price either exceeded or met their price expectations.

Condon stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 11 reviews in Condon over the last 12 months.

Local market activity for 2 bedroom units in Condon

In the last 12 months, 2 two-bedroom units similar to 203/38 Gregory Street, have been sold.

This represents a 100% decrease in two-bedroom units sales when compared to the previous 12 months.

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