2/57 Gordon Street, Stones Corner QLD 4120

Ground-floor apartment | private courtyard & balcony | dual outdoor access | larger-than-typical floor plan | positioned in vibrant village hub. This ground-floor unit presents a competitive configuration rare in the market, combining a generous internal footprint with multiple private outdoor zones—a covered balcony and a gated courtyard. This effectively doubles the living space and appeals strongly to owner-occupiers seeking low-maintenance lock-and-leave convenience without sacrificing private open air, or to investors targeting tenants desiring a house-like feel. Its position in the heart of Stones Corner aligns with demand for lifestyle-oriented locations, serving buyers who value walkability and established infrastructure. The decision hinges on navigating specific overlays; the flood and bushfire overlays necessitate detailed due diligence, impacting insurance premiums and future resale ease. The recent sale in February 2026 suggests a vendor seeking quick profit, creating negotiation leverage if the current offer price is not justified by post-purchase cost burdens. Proceed only after a valuation reconciles its unique features against overlay costs, as its rental yield aligns with area medians but does not offset strata and risk premiums. A PropCred report would ground its real market valuation, itemise overlay mitigation costs, and clarify locality risks to secure correct insurance. Recent comparable sales nearby indicate this property’s positioning: – 305/8 Zillah Street, Stones Corner (2 bed, 2 bath, 2 car) sold for $793,000. – 201/89 Old Cleveland Road, Stones Corner (2 bed, 2 bath) sale price not specified in available data. With an offer range starting at $799,000, this unit commands a premium over the directly comparable sale, which your valuation must justify through its larger size, ground-floor privacy, and dual outdoor areas.