10/32 Julia Street, Wavell Heights QLD 4012

Top-floor 1978 unit | 125sqm floorplan rare for area | renovated kitchen and bathroom | walk to Nundah station | owner-occupied building. This property offers a rare configuration advantage: a top-floor unit with a 125sqm internal area, which is significantly larger than most two-bedroom apartments in the inner-north. The renovated kitchen and bathroom, combined with timber-look flooring and split-system air conditioning, reduce immediate capital outlay for a buyer. The building’s high owner-occupier ratio (75%) signals stable tenancy and lower turnover risk, which supports long-term value. This unit suits a buyer seeking a low-maintenance home with genuine walkability to Nundah station and village, or an investor targeting reliable rental demand from professionals. The primary risk is the 1978 build date, which may present future maintenance levies or compliance costs, though the current body corporate fees are moderate at $1,000 per quarter. The floor area discrepancy (125sqm vs 83sqm) requires clarification to avoid valuation surprises. The opportunity lies in below-median pricing relative to Wavell Heights combined median, offering potential for capital growth as the area densifies. Hold this property as a long-term home or rental; its size and position are difficult to replicate in this corridor.