For Sale

505/38 Gregory Street, Condon QLD 4815

Spacious Unit Living In Riverway Point

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Type

Bedrooms

Bathrooms

Parkings

Last updated on Monday, August 24, 2026 ( See property details for 505/38 Gregory Street, Condon QLD 4815)

$500,000

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AI Property Insight

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

This spacious, low-maintenance second-floor apartment offers resort-style amenities, modern comfort, and excellent investment potential in a prime location.

🏡 Property Highlights

Spacious second-floor apartment with three bedrooms, ideal for families or investors.
Resort-style facilities including lagoon pool, BBQ areas, and communal recreation spaces.
Open-plan living and dining area seamlessly extending outdoors for tropical living.
Master bedroom featuring a walk-in wardrobe and private ensuite bathroom.
Fully equipped kitchen with breakfast bar, extensive storage, electric cooking, and dishwasher.
Split system air conditioning in each room for year-round comfort.

✨ Key Features

Open-Plan Living
Outdoor Area
Built-in Robes
Dishwasher
Air Conditioning
Security Screens / Gates
Fly Screens
Water tank
Fully fenced
Pet-Friendly

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505/38 Gregory Street

Condon, QLD 4815

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Suburb and Property Insights of Condon, QLD 4815

Condon offers a peaceful, family-friendly environment with easy access to shopping, parks, and recreational facilities. The suburb boasts excellent connectivity via Ring Road, proximity to educational institutions like James Cook University, and a vibrant community atmosphere. Residents enjoy a range of amenities including parks, playgrounds, and walking paths, making it ideal for active lifestyles. The area combines convenience with tranquility, perfect for both living and investing. Its well-maintained infrastructure and secure environment enhance its appeal for families and professionals alike.

Frequently Asked Questions

What are the key features of this apartment?

This apartment features three bedrooms, two bathrooms, open-plan living and dining, a fully equipped kitchen with a dishwasher, split system air conditioning in each room, and outdoor living space.

Is the property suitable for investment purposes?

Yes, with a rental appraisal of $530-$550 per week and resort-style amenities, this property offers strong investment potential.

What amenities are available within the complex?

Residents enjoy access to a lagoon pool, BBQ facilities, communal recreation areas, gated entry, CCTV, and visitor parking.

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 James Cook University and Townsville Hospital.

Is the property pet-friendly?

Yes, the complex is pet-friendly, allowing residents to bring along their pets.

What to ask about this property to agent?

Are there any upcoming body corporate fee increases or special levies planned? Are there any restrictions or covenants within the complex that could affect property use? Has the property been recently renovated or does it require any repairs? Are there any planned developments or construction nearby that could impact the property? What are the specific zoning regulations and easements affecting this property? Is the property located in a flood or bushfire-prone area? Are there any ongoing or upcoming maintenance issues within the complex? What are the total annual costs including council rates, body corporate fees, and utilities? Are there any restrictions on renting out the property or short-term accommodation? Has the property been inspected for pests, mold, or structural issues?

505/38 Gregory Street, Condon QLD 4815 - More Details

Spacious Unit Living In Riverway Point

Conveniently located with resort style facilities, this low maintenance unit is packed with features and is ready to occupy. This fantastic second-floor apartment is one of the largest available within the complex, featuring 3 bedrooms. It offers a brilliant mix of lifestyle/investment potential and is so close to all of your everyday needs!

This property will be vacant in the coming weeks and will be move-in ready. Whether you want to buy and move in yourself or set this up as an investment property, the choice is yours.

Inside, the design prioritizes 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 dishwasher. Year round comfort is ensured, with split system air conditioning units in each room.

There is great separation between the bedrooms, with one branching off from the kitchen (perfect for a guest room or office) and the others off the main hallway. The master is a genuine retreat, boasting a walk-in wardrobe and private ensuite bathroom. A well-appointed main bathroom offers a shower over a bathtub, and the laundry is conveniently tucked away here as well.

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. You and your guests 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!

• 6 month council rates are $1985.06
• Body corporate costs roughly $5,200 PA
• Rental appraisal $530 - $550 per week

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.

To arrange a private inspection, please enquire today!

Type: House
Bedrooms: 3
Bathrooms: 2
Parkings: 1
Area: 0.0

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505/38 Gregory Street, Condon QLD 4815

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