5/16 Gailey Road, St Lucia, QLD 4067

Firstly, let’s answer the key unit questions:

- How many units in complex: 9 units

- Year Built: 1981

- Size: 113 sqm metres

- Body corporate Fees: $1,981/ quarter (Approx)

- Rental : $600 - $650 per week

- Council Rates: $550 / Quarter (Approx)

- Flooding: water came into garage in 2011 and nothing in 2022

- Sinking Fund Total: $40,451.95

Set over two levels on the top floor, this well-positioned two-bedroom unit delivers a functional layout and unbeatable lifestyle convenience. Located just a short stroll from Toowong Village, train and bus stations, the Brisbane River and CityCat terminal, this property presents an excellent opportunity for professionals, students, or investors alike. It’s also within easy reach of UQ, South Bank, and the CBD.

Property Highlights:

- Top-floor position within a well-maintained complex

- Open-plan living and dining area with air-conditioning and excellent cross-breezes

- Modern kitchen with gas cooktop, rangehood, dishwasher, and generous bench and storage space

- Spacious balcony ideal for alfresco dining or quiet relaxation

- Large master bedroom with built-in robe

- Second bedroom also includes built-in storage

- Contemporary main bathroom with shower, plus separate powder room

- Undercover parking for one vehicle

- Ample visitor parking and access to a shared in-ground swimming pool

Location Benefits:

- Short walk to Toowong Village, train station, and local cafes and restaurants

- Easy CityCat access to South Bank and the CBD

- Close to the University of Queensland, Indooroopilly Shopping Centre, the Wesley Hospital, and Brisbane’s inner west

- Within the Ironside State School catchment (subject to your own verification)