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311/38 Gladys Street

Greenslopes QLD 4120

2
2
1
Apartment
Currently for sale - view listing

Overview

Courtyard & Parkside Living @ Gemstone

Set along Gladys Street, Gemstone Apartments occupies a parkside position in Stones Corner, with open green space forming a key part of the setting. This ground floor apartment includes two bedrooms, two bathrooms, a separate study, two private courtyards and a secure single car space. The courtyards add a strong outdoor component to the residence and give the apartment a greater sense of space and privacy. The floorplan is practical and well separated, with the study positioned independently from the main living and bedroom areas. The two courtyards also bring additional light and openness into the apartment, while the ground floor position creates a direct connection to the surrounding park environment. Gemstone Apartments is a tightly held complex, and its parkside setting is one of its defining qualities. Unlike many apartment developments, the building is not surrounded by dense built form, giving it a more open residential feel while remaining close to the broader amenities and transport connections of Stones Corner. To arrange your private inspection contact Melinda Allamby 0403 460 553 or Chanel Allamby 0411 483 023. Capital Growth The long term value of the property is supported by a combination of location, limited supply and the nature of the surrounding environment. Parkside positions within established inner Brisbane suburbs are inherently limited, and that scarcity becomes more relevant as surrounding areas continue to develop and intensify. Stones Corner also benefits from its position within Brisbane's inner south, with established transport, employment, medical and education infrastructure already in place. These factors continue to support demand across both owner occupier and rental markets. The apartment itself also sits outside the more standardised two bedroom format, with its separate study, ground floor position and two private courtyards adding characteristics that are less common in newer developments. Investment Potential Stones Corner has an established rental market supported by its proximity to major employment centres, hospitals, universities, transport and retail. Within that market, the apartment offers a point of difference through its parkside setting, private outdoor areas and additional study. These features broaden its relevance beyond the standard two bedroom apartment market. For investors, the appeal lies in the combination of an established inner south location, a tightly held complex and a property with attributes that are difficult to replicate in more recent apartment developments. The parkside position also gives the property a level of long term distinction that is independent of finishes, styling or market trends.

Features

2 bedrooms
2 bathrooms
1 carspace
Apartment

Property history for 311/38 Gladys Street

2025
Rented
Undisclosed
Leased on 23 Sep 2025 by MSL Property Group Pty Ltd
2024
Rented
Undisclosed
Leased on 29 Sep 2024 by MSL Property Group Pty Ltd

Happy sellers in Greenslopes

95%
95% of sellers in Greenslopes reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 32 reviews in Greenslopes over the last 12 months.

Local market activity for 2 bedroom apartments in Greenslopes

In the last 12 months, 30 two-bedroom apartments similar to 311/38 Gladys Street, have been sold.

This represents a 7% decrease in two-bedroom apartments sales when compared to the previous 12 months.

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