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224 Flinders Street, Townsville CityOffers to Purchase
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224 Flinders Street

Townsville City, QLD 4810, Australia
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4 bed 3 bath454 m²

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About this property

- A rare opportunity to own a beautifully restored heritage residence in the heart of Townsville's CBD - Spacious 4-bedroom, 3-bathroom apartment occupying the entire upper level, blending character and modern comfort - Successfully operated as a high-performing Airbnb, earning approximately $35,000 per annum with an average nightly rate of $320 - Offers the flexibility to live upstairs and generate income below, or continue as a dual-income investment - State Heritage-listed landmark full of charm and history - Constructed from solid rendered brick and concrete with timber floors and a Colorbond roof - Generous 454m² total building area approx. 200m² ground floor and 254m² upper level - Ground floor leased to three boutique commercial tenancies, producing approximately $65,000 per annum in rental income - Total gross holding income around $100,000 per annum - Formerly a loading dock, the building has been transformed into the Howard Smith Building, home to The Hoi Espresso Bar and Function Space - Ideally positioned in Denham Lane, just off Flinders Street, within the lively Flinders Street entertainment precinct - Surrounded by cafés, dining, art, and culture including one of Townsville's most celebrated street-art laneways - A truly unique mixed-use property combining lifestyle, location, and investment appeal For further information or to arrange an inspection contact Shaun McLaren at Colliers. ^ Outlines / markups indicative only

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
4
Bathrooms
3
Land Area
454 m²
Listed
3 months ago

Repayment calculator

$3,049/month
$1,525 /fortnight
Loan $503,200 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$125,800
Stamp duty$21,330
Conveyancing (est.)$2,000
Total upfront$149,130
Verify with QLD revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Townsville City

This 4-bedroom apartment in Townsville City, QLD 4810 sits within reach of public transport, local shops local amenities.

What's nearby

  • Townsville City Stop A (bus)383 m away
  • Black Temple43 m away
  • Waterfront Precinct129 m away
  • Perfume Garden Park316 m away
  • North Central Park399 m away

Townsville City at a glance

Full suburb profile
Population
2,945
Median age
39
Household income
$2,013/wk
Median rent
$390/wk
Median mortgage
$1,663/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Townsville City price trend

Median sold · Unit 2 bed

Compound growth +10.6% / yr over 4 yrs

$530kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Townsville City market

Within 5km

Nearby Properties

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