401/38 Gregory Street

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