6/53 Gordon Street, Stones Corner QLD 4120

3 bed unit | boutique block of 8 | 129sqm internal | owner-occupied enclave | no flood or fire risk This unit sits in a rare micro-position: a boutique block of only eight in a street of 100% owner-occupiers, which typically supports stronger capital stability and quieter common living than investor-heavy complexes. The 129sqm floorplan is generous for a three-bedroom apartment, and the absence of bushfire, flood, or heritage constraints removes the most common deal-breakers for cautious buyers. The property suits either a downsizer wanting single-level living near the city or an investor seeking low-turnover rental demand in a catchment with Greenslopes State School and Coorparoo Secondary College both under 2km away. The primary risk is pricing. The fixed-price interest at $1.3m sits near the estimated value of $1.377m but above recent apartment comparables in Stones Corner, and the local auction clearance rate of 0% suggests buyer resistance at current levels. The rental yield of roughly $905 per week is moderate for the price point, not exceptional. The opportunity lies in negotiating below the ask, given the property has only been on market two days and the vendor may have limited patience or appetite for a drawn-out campaign. A pre-purchase building inspection is advised given the boutique block may have limited sinking fund history disclosed.