1/59 Grayson St, Morningside is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 121m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in December 2021.
Maximising its position at the front of the building to capture the city views, this spacious and solidly built apartment Is located in one of Morningside's most sought after streets. Entering the apartment you'll immediately be impressed with the generous proportions of the kitchen, dining and lounge areas along with the polished hardwood timber floors. Adjacent to the lounge, a fully glazed in sunroom makes for an ideal place to enjoy a morning coffee and relax.
The king sized master bedroom overlooks the street with the city view as its backdrop and features a built-in wardrobe for added convenience. The second bedroom also boasts a built-in wardrobe and large windows with an abundance of natural light.
Completing the property, a large lock up garage with additional storage is easily accessible and offers great security for your vehicle and additional belongings.
Property Features:
- Elevated setting captures impressive city views
- Bright open plan layout connects with the sun-drenched enclosed balcony
- Neat kitchen, with plenty of storage
- Broad windows, natural tones and floorboards in living and dining
- Both bedrooms complete with built-in robes
- Large lockup garage with additional storage
- Moments to Hawthorne dining precinct, Bulimba and express CBD transport
Investment Opportunity
- Current rental return $360 per week with tenant already in place
The size of Morningside is approximately 5.4 square kilometres. It has 16 parks covering nearly 8.9% of total area. The population of Morningside in 2016 was 10481 people. By 2021 the population was 11755 showing a population growth of 12.2% in the area during that time. The predominant age group in Morningside is 30-39 years. Households in Morningside are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Morningside work in a professional occupation.In 2021, 51.40% of the homes in Morningside were owner-occupied compared with 48.30% in 2016.
Morningside has 6,528 properties. Over the last 5 years, Houses in Morningside have seen a 71.49% increase in median value, while Units have seen a 102.16% increase. As at 30 November 2025:
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