4/53 Gresham St

East Brisbane QLD 4169

Apartment

Last sold for $538,000

Madi Roche, last sold this property on 12 May 2025 after 12 days on market.

Overview

Ground Floor Apartment with Exclusive Spacious Backyard!

Okay, maybe not acreage – but if you're after a block of land with the convenience of apartment living, this rare inner-city ground floor unit is for you. Set at the rear of a small complex of just five units, this home offers privacy and space in one of East Brisbane's most sought-after addresses. An exceptional opportunity awaits buyers seeking the low-maintenance lifestyle of an apartment while still enjoying the benefits of their very own backyard. Ideal for first home buyers, downsizers, young couples, or savvy investors. This generously sized one-bedroom unit offers opportunity to update and add value with your personal touches. The spacious living and kitchen areas flow directly onto a private patio and a fully fenced backyard. A truly rare find, this ground floor unit boasts approximately 130sqm of fenced outdoor space – perfect for a spa, entertaining area, or BBQ zone. It's an ideal setting for relaxed afternoons spent with family and friends. You'll be hard-pressed to find better value within 3km of Brisbane's CBD. Additional features include low-maintenance living, air-conditioning, ceiling fans, security screen doors, and a 6m x 3m lock-up storage room – offering loads of space for storage or potential to create a workshop, study, or multi-purpose room. Located within 3km from Brisbane's CBD, this location is second to none. Enjoy a short stroll to trendy cafes, restaurants, vibrant bars, and the iconic Gabba entertainment precinct. With top public and private schools, hospitals, and universities nearby, East Brisbane continues to be one of the city's most desirable suburbs. The property also offers excellent transport connections, with easy access to Brisbane Airport via the Clem 7 Tunnel, the M1, the CBD, and a range of bus services, not to mention the soon to be completed Cross River Rail. Position, potential, and rarity combine to make this property a must-see. Exceptional units like this do not last long - be quick to inspect!

Features

1 bedroom

1 bathroom

1 carspace

1 open car space

Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in East Brisbane over the last 12 months, the estimated median property value of 4/53 Gresham St is $646k.

Median value

$646k

Estimated value range

$605k - $890k

Median days on market

Estimated value trend

17%

increase over the last 12 months

Average days on market is based on recent, comparable sales in East Brisbane. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.