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Overview
This solid apartment, built in 1974, presents a unique opportunity for buyers prepared to undertake a comprehensive renovation. The property has seen minimal updates over the past five decades, with the only recent change being the removal of the flooring. It requires a full refurbishment including a new kitchen, bathroom, flooring, lighting, paint, and window coverings.
Despite the extensive work needed, the property offers significant potential value uplift for the new owner willing to invest the effort. The apartment benefits from a perfect north-facing aspect, ensuring cooling summer afternoon breezes and warming winter morning sun, enhancing comfort throughout the year.
The layout includes two bedrooms, with the main bedroom featuring built-in robes. The bathroom and toilet are combined, and the open-plan lounge, dining, and kitchen area opens onto a balcony, providing an indoor-outdoor living experience. Additional features include an oversized secure garage and laundry facilities.
This property is ideal for first home buyers seeking entry into the market at a competitive price point in a sought-after location. It represents a rewarding project for those ready to renovate and add value. Properties in this area at this price level are scarce, making this an attractive prospect for buyers willing to undertake the necessary improvements.
- North-facing aspect with excellent natural ventilation and sunlight
- Two bedrooms, main with built-in robes
- Combined bathroom and toilet
- Open-plan living, dining, and kitchen area opening to balcony
- Oversized secure garage and laundry
Overall, this apartment offers a solid foundation with great potential for transformation into a comfortable and valuable home in a desirable suburb.
Local Market Insights
In Gaythorne, Quiet Listings observed 11 new units entering the market over the last 30 days, up from 8 during the previous 30-day period, with an average advertised asking price of $625,455. The property type mix of listed properties is predominantly Houses at 57%, followed by units (22%), and townhouses (14%). Ray White was the most active agency in this area, representing 31.8% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Change History
| Headline | When |
|---|---|
| Offers By 11am 4.6.26.Guide $600,000 Plus | |
| Offers By 11am 4.6.26.Guide $570,000 Plus | |
| Offers By 4.6.26.Guide $570,000 Plus | |
| Offers Over $570,000 |
Location
Gaythorne QLD 4051
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 98 m² |
Market Insights for Gaythorne QLD 4051
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