224 Flinders Street
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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
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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 Temple — 43 m away
- Waterfront Precinct — 129 m away
- Perfume Garden Park — 316 m away
- North Central Park — 399 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
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Townsville City marketSide-by-side analysis
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