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Back 312/38 Gregory St
Off Market

312/38 Gregory St

Condon QLD 4815

2
2
1
721 m²
99 m²
Unit
Last sold for $450,000
Laura LawLaura Law, last sold this property on 16 June 2026 after 33 days on market.

Overview

Investor's Delight - Secure Income and tenanted until November 2026

Beautifully presented and positioned on the top floor, this stylish 2-bedroom, 2-bathroom apartment offers the perfect opportunity for savvy investors seeking immediate returns and long-term peace of mind. Currently tenanted until November 2026 with a secure rental income of $470 per week and the latest rental increase completed in November 2025, this property is an effortless addition to any investment portfolio.Spanning approximately 99sqm, the apartment combines comfort, practicality, and low-maintenance living in a highly appealing lifestyle setting. The well-designed layout features spacious open-plan living, generous bedrooms, and modern finishes throughout, creating a welcoming space tenants love to call home.Step outside to the beautiful private balcony overlooking the sparkling communal swimming pool - the perfect place to relax and enjoy the peaceful surroundings. Residents can also enjoy the secure complex lifestyle with resort-style amenities designed for comfort and convenience.With strong rental security already in place and a beautifully maintained presentation, this is an outstanding opportunity to secure a quality investment in a sought-after complex. Additional Information: • Tenanted until November 2026 • Current rental return: $470 per week • Latest rental increase completed November 2025 • Body Corporate: Approx. $1,295.51per quarter • 99sqm top-floor apartment • Beautiful balcony overlooking the pool • Private complex with a communal swimming pool

Features

2 bedrooms
2 bathrooms
1 carspace
1 open car space
721 m² floor area
99 m² lot size
Unit

Estimated Value

We need at least 3 similar 2 bedroom units sold in Condon over the last 12 months.

Property history for 312/38 Gregory St

2026
Sold
$450,000
16 Jun 2026 by Laura Law, of Ray White Townsville
2025
Rented
Undisclosed
Leased on 26 Sep 2025 by Smart Rentals Townsville
2023
Sold
$251,000
Private Sale/Treaty on 10 Apr 2023 by Matt O'Hanlon, of Keyes & Co Property

Happy sellers in Condon

96%
96% 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 15 reviews in Condon over the last 12 months.

Local market activity for 2 bedroom units in Condon

In the last 12 months, 1 two-bedroom unit similar to 312/38 Gregory St, have been sold.

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