FOR SALE
$2,000,000

11 Melton Terrace
Townsville City QLD 4810

Bedrooms: 8
Bathrooms: 8
Car spaces: 4
Land area: 368m2
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Live, Work, Income, Views – This Property Has It All!

11 Melton Terrace is one of those iconic Townsville properties that you often just wonder ‘who owns that’ or ‘wouldn’t it be great to live there’! Well now you can own be the one to own it and if you want live there!
Consisting of 4 units each having 2 bedrooms and 2 bathrooms, a large living dining area with enclosed front veranda with magnificent views across Ross Creek, the inner marina and out to Mount Elliot. Each unit also has its own lock up garage and there is shared outdoor entertainment area that takes in that brilliant view. Currently being self-managed for Airbnb type accommodation, the property has no end of possibilities. You could continue as is, change to full/long term tenancies, live in one and rent the other three, make two into one magnificent home while having the income from the other two. Only your imagination is holding back from what could become your new reality.
The seller is looking for ‘Expressions of Interest’ with a guide of offers over $1.8m which given the current climate and income is incredible buying for a slice of iconic Townsville real estate, in one of the countries fastest growing economies.
Inspection by appointment only and subject to Airbnb bookings.
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Disclaimer: While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies and we accept no liability for any errors or exclusions (including but not limited to a property’s land size, floor plans and building age). Accordingly all interested parties should make their own enquiries and obtain their own legal advice.

Property Details for 11 Melton Tce, Townsville City

11 Melton Tce, Townsville City is a 8 bedroom, 8 bathroom BlockOfUnits with 4 parking spaces. The property has a land size of 368m2. The place is currently for sale with North Ward Realty.

Building Type
BlockOfUnits
Land Size
368m2

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About Townsville City 4810

The size of Townsville City is approximately 2 square kilometres. It has 9 parks covering nearly 5.1% of total area. The population of Townsville City in 2011 was 2,500 people. By 2016 the population was 2,874 showing a population growth of 15.0% in the area during that time. The predominant age group in Townsville City is 20-29 years. Households in Townsville City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Townsville City work in a professional occupation. In 2011, 40.8% of the homes in Townsville City were owner-occupied compared with 37.1% in 2016.

Townsville City has 2,509 properties. Over the last 5 years, Houses in Townsville City have seen a 20.60% increase in median value, while Units have seen a 39.85% increase. As at 30 November 2024:

  • The median value for Houses in Townsville City is $704,352 while the median value for Units is $504,357.
  • Houses have a median rent of $535 while Units have a median rent of $500.
There are currently 40 properties listed for sale, and 73 properties listed for rent in Townsville city on OnTheHouse. According to CoreLogic's data, 191 properties were sold in the past 12 months in Townsville city.

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Glenn Bower
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Carina Schmitt
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North Ward Realty
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