FOR SALE
$750,000 or Lease $4,500 pcm + GST

247 Flinders Street
Townsville City QLD 4810

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 500m2
Land area: 243m2
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Fully fitted CBD Restaurant & Bar

This classic heritage property known as the 'Samuel Allen & Sons' is currently vacant and was previously occupied by a Brazilian Churrascaria restaurant Chico Rio and Hogs Breath Café and underwent an extensive renovation in 2013.
Ray White Commercial offers for lease or sale the freehold building, including the business, equipment, and all fixtures and fittings.
The building features the following:
• 500 square metres over 2 levels
• Additional 50 sqm mezzanine level
• Fully air-conditioned
• Large commercial kitchen located on the ground floor
• Built-in cold room
• Bar located on the fround and top floor
• Male and female bathrooms located on the ground and first floor.
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Property Details for 247 Flinders St, Townsville City

Building Type
Commercial
Floor Size
500m2
Land Size
243m2

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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 2,472 properties. Over the last 5 years, Houses in Townsville City have seen a 23.71% increase in median value, while Units have seen a 37.74% increase. As at 31 October 2024:

  • The median value for Houses in Townsville City is $689,618 while the median value for Units is $495,146.
  • Houses have a median rent of $543 while Units have a median rent of $500.
There are currently 41 properties listed for sale, and 63 properties listed for rent in Townsville city on OnTheHouse. According to CoreLogic's data, 192 properties were sold in the past 12 months in Townsville city.

Suburb Insights for Townsville City 4810

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Troy Townsend
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Stacie Stockham
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Ray White Commercial Townsville
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.