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401/38 Gregory Street, Condon QLD 4815-Image For Sale
401/38 Gregory Street, Condon QLD 4815-Image 401/38 Gregory Street, Condon QLD 4815-Image 401/38 Gregory Street, Condon QLD 4815-Image 401/38 Gregory Street, Condon QLD 4815-Image 401/38 Gregory Street, Condon QLD 4815-Image 401/38 Gregory Street, Condon QLD 4815-Image 401/38 Gregory Street, Condon QLD 4815-Image 401/38 Gregory Street, Condon QLD 4815-Image 401/38 Gregory Street, Condon QLD 4815-Image 401/38 Gregory Street, Condon QLD 4815-Image 401/38 Gregory Street, Condon QLD 4815-Image 401/38 Gregory Street, Condon QLD 4815-Image 401/38 Gregory Street, Condon QLD 4815-Image 401/38 Gregory Street, Condon QLD 4815-Floorplan

401/38 Gregory Street, Condon QLD 4815

Ground-Floor Convenience Meets Resort-Style Living

House
Type
2
Bedrooms
2
Bathrooms
1
Parkings

Last updated on Friday, June 26, 2026 ( See property details for 401/38 Gregory Street, Condon QLD 4815)

$450,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

This stylish ground-floor apartment in Riverway Point offers resort-style amenities, spacious living, and excellent investment potential in a sought-after location.

🏡 Property Highlights

  • Spectacular lagoon-style pool just steps from the private, undercover patio
  • Ground-floor apartment with seamless indoor-outdoor living
  • Fully equipped modern kitchen with new dishwasher and extensive storage
  • Spacious master bedroom with walk-in wardrobe and private ensuite
  • Secure, resort-like complex with gated entry, CCTV, and active management
  • Excellent investment opportunity with current tenancy returning $520 per week

✨ Key Features

  • Air Conditioning
  • Ensuite
  • Outdoor Area
  • Built-in Robes
  • Dishwasher
  • Open-Plan Living
  • Security Screens / Gates
  • Fly Screens
  • Internal Laundry
  • Ceiling Fans
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401/38 Gregory Street
Condon, QLD 4815
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Vertical aerial view — 401/38 Gregory Street
401/38 Gregory Street — Vertical Aerial  •  Condon, QLD 4815  •  Nearmap © 2026

Condon is a highly desirable suburb offering a peaceful environment with easy access to Riverway Lagoons, parks, and walking paths. It boasts excellent amenities including shopping centres, entertainment precincts, and educational institutions. The area is well-connected via Ring Road, providing quick access to Townsville’s key facilities. Residents enjoy a relaxed lifestyle with plenty of outdoor activities and community facilities. Condon’s family-friendly atmosphere and proximity to major employment hubs make it an ideal location for both investors and owner-occupiers.

What are the main lifestyle benefits of living in this apartment?
Residents can enjoy resort-style amenities including a lagoon pool, BBQ facilities, and communal recreation areas, all within a secure complex, making it ideal for relaxed outdoor living and entertaining.
Is the apartment suitable for families or investors?
Yes, the spacious layout, secure environment, and strong rental income make it perfect for families seeking comfort or investors looking for a high-yield property.
What features does the apartment include for comfort?
The apartment is fully air-conditioned, has ceiling fans throughout, and includes a private ensuite, internal laundry, and outdoor patio for added convenience.
Are there any community facilities available?
Yes, residents have access to a lagoon pool, BBQ areas, communal recreation zones, and visitor parking within the complex.
How close is the property to local amenities?
The property is within walking distance to Riverway Lagoons, parks, playgrounds, and shopping at Willows Shopping Centre, with quick access to major roads for other key locations.
Are there any upcoming body corporate fee increases or special levies planned? What are the zoning restrictions or easements affecting the property? Are there any planned developments or construction projects nearby that could impact the property? Is the property compliant with all building and safety regulations? Are there any known issues with the complex’s infrastructure or facilities? What are the long-term maintenance costs for the complex? Is there any history of flooding or bushfire risk in this area? Are there any restrictions on renting or leasing the property? What are the terms of the current lease, and are there any conditions that could change? Are there any additional costs or fees not included in the body corporate or rates?

401/38 Gregory Street, Condon QLD 4815 - More Details

Ground-Floor Convenience Meets Resort-Style Living

Imagine stepping straight from your private, undercover patio out toward a spectacular lagoon-style pool. That is the everyday reality at this fantastic ground-floor apartment in the highly sought-after Riverway Point complex. Offering a brilliant mix of lifestyle and investment potential, this property provides unbeatable access to premium amenities right outside your door.

This property is currently tenanted with a signed lease in place, achieving $520 per week.

Designed for ultimate comfort and practicality, the breezy, open-plan living and dining space naturally extends outdoors, making it perfect for enjoying the tropical climate. Overlooking the living area is a highly functional kitchen that acts as the social hub of the home. It comes fully equipped with a breakfast bar, extensive storage, electric cooking, and a brand-new dishwasher.

Both bedrooms are exceptionally spacious, with plenty of natural light beaming through. The master is a genuine retreat, boasting a walk-in wardrobe, a private ensuite, and direct sliding-door access to the patio. A well-appointed main bathroom with a shower over bathtub adds extra convenience for guests or young families.

Complete with full air-conditioning, ceiling fans throughout, and a dedicated internal laundry, every practical need is well and truly covered.

Riverway Point is renowned for its secure, resort-like atmosphere. Residents enjoy peace of mind with gated entry, CCTV, keypad/swipe access, and active on-site management. Beyond your private patio, you have full use of the massive lagoon pool, BBQ facilities, and communal recreation areas. Bring along your family and friends to enjoy with you, with plenty of visitor parking available!

Location-wise, you are close to all of your day-to-day needs, yet conveniently tucked away in a quiet spot. In just a short walk you will find Riverway Lagoons with many walking paths, parks and playgrounds, along with premier shopping options at Willows Shopping Centre and Cannon Park Entertainment Precinct. With Ring Road access, in less than a 10-minute drive you can easily access James Cook University, Townsville University Hospital, and Lavarack Barracks.

- Body corporate costs roughly $5,200 PA
- 6 month Rates are $1,853.69
- Current tenancy in place from 28/04/2026 - 27/04/2027 achieving $520 per week
- For advertising purposes, virtual furniture is being utilised in photographs
Type
House
Bedrooms
2
Bathrooms
2
Parkings
1
Area
0.0

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