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224 Flinders Street

Townsville City, QLD 4810, Australia
$1.20m
4 bed 3 bath454m²

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Area Price Guide
$1.13m$1.27m

Indicative price guide range

🏘️
64
Comparable
📊
$849,000
Area median
⚖️
+41%
vs median
📐
$2,643
Per m²
📏
454 m²
Land
🗓️
2 months ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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Heritage

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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 Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $5,818/month
    $2,909 /fortnight
    Loan $960,000 at 6.10% over 30 years

    Upfront costs

    Deposit$240,000
    Stamp duty$49,525
    Conveyancing (est.)$2,000
    Total upfront$291,525
    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.

    Property Details

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

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