FOR SALE
$375,000

7/23 Melton Tce
Townsville City QLD 4810

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 77m2
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Low Maintenance With Stunning Aspect Over Looking Townsville City

Presenting the Melton Terrace Unit, a fantastic investment opportunity in the heart of Townsville's CBD. This property offers two bedrooms, one bathroom, and two convenient car spots, making it an ideal choice for those seeking a comfortable and convenient urban lifestyle.
Located in a prime position, this property is within walking distance of the stadium, making it perfect for sports enthusiasts and event-goers. Additionally, it is surrounded by a vibrant culinary scene, with a plethora of restaurants, cafes, and entertainment venues just a short stroll away. Food lovers will appreciate the diverse dining options available right at their doorstep.
With its central location and proximity to amenities, this property holds great potential for generating rental income. Currently, it commands a strong rental return of $450.00 per week, making it an attractive choice for investors seeking a steady and lucrative return on their investment.
Don't miss out on this opportunity to own a property in the heart of Townsville's CBD. With its convenient location, ample amenities, and attractive rental return, the Melton Terrace Unit is a promising investment that combines lifestyle and financial opportunity.
*Property Description/Write-Up is Copyright of Team Giovanni at Ray White Townsville.
Disclaimer: Ray White Townsville has prepared this information using every endeavour to ensure that the information given is true and accurate but accepts no responsibility or liability in respect of any errors, omissions or inaccuracies that may occur. All prospective purchasers should endeavour to make their own enquiries to verify the accuracy of the information provided.

Property Details for 7/23 Melton Tce, Townsville City

7/23 Melton Tce, Townsville City is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a floor size of 77m2. The place is currently for sale with Ray White Townsville.

Building Type
Unit
Floor Size
77m2

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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 2,524 properties. Over the last 5 years, Houses in Townsville City have seen a 31.50% increase in median value, while Units have seen a 28.20% increase. As at 31 July 2024:

  • The median value for Houses in Townsville City is $1,004,402 while the median value for Units is $450,964.
  • Houses have a median rent of $543 while Units have a median rent of $495.
There are currently 48 properties listed for sale, and 76 properties listed for rent in Townsville city on OnTheHouse. According to CoreLogic's data, 199 properties were sold in the past 12 months in Townsville city.

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Giovanni Spinella
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Jabyn Manning
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