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312/38 Gregory Street,
Condon 4815, Queensland

2 bedrooms
2 bathrooms
1 car space
99m² land size
721m² building size
Unit

$450,000

Property details

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

Explore the area

School catchments

  • Ryan Catholic College Combined Prep-12 Catholic 1.1km
  • Carinity Education - Shalom Combined Prep-12 Independent 1.1km
  • Weir State School Primary Prep-6 Government 1.5km
  • The Willows State School Primary Prep-6 Government 2.1km
  • Kirwan State School Primary Prep-6 Government 2.9km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

Find out how much home loan repayments will be

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Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.

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