OFF MARKET

21 Morehead Street S
South Townsville QLD 4810

Bedrooms: 4
Bathrooms: 4
Car spaces: -
Floor area: 272m2
Land area: 1012m2
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Last updated 11 Nov 2024
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Property Details for 21 Morehead St S, South Townsville

21 Morehead St S, South Townsville is a 4 bedroom, 4 bathroom Unit and was built in 1910. The property has a land size of 1012m2 and floor size of 272m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
Unit
Year Built
1910
Floor Size
272m2
Land Size
1012m2
Local Government
Townsville City
Lot/Plan
24/T11887

Last Listing description (June 2023)

Welcome to a rare opportunity in South Townsville! Yes this property needs a lot of love but this block of 4 large one-bedroom units is a developer's dream come true.

Perfectly situated on a 1012 square meter lot, this property offers endless possibilities. Whether you're looking to redevelop, renovate or simply add to your investment portfolio, this property is sure to impress.

The units themselves are spacious and thoughtfully designed. Each unit runs front to back, offering plenty of natural light and a great cross-breeze.

The two units on the top floor boast high ceilings and stunning views, while the two units on the bottom floor offer easy access to the lush gardens and outdoor areas.

The possibilities for this property are truly endless.

With such a prime location in South Townsville, you could easily redevelop the site to include more units or townhouses. Alternatively, you could renovate the existing units to maximize their potential and capitalize on the current rental market.

Investors and developers alike will be impressed by the potential of this property.

Don't miss out on this rare opportunity to own a piece of South Townsville's thriving real estate market.

Contact us today to schedule your private showing.

Disclaimer: While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information.

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Property History for 21 Morehead St S, South Townsville, QLD 4810

A timeline of how this property has performed in the market
Last Sold
$390,000
19 Apr 2023
  • 19 Apr 2023
    Sold for $390,000
  • 20 Mar 2023
    Listed for Sale AUCTION
  • 15 May 2003
    Sold for $200,000
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About South Townsville 4810

The size of South Townsville is approximately 5.4 square kilometres. It has 7 parks covering nearly 4% of total area. The population of South Townsville in 2011 was 2,137 people. By 2016 the population was 2,352 showing a population growth of 10.1% in the area during that time. The predominant age group in South Townsville is 20-29 years. Households in South Townsville are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in South Townsville work in a professional occupation. In 2011, 47.5% of the homes in South Townsville were owner-occupied compared with 44.8% in 2016.

South Townsville has 1,800 properties. Over the last 5 years, Houses in South Townsville have seen a 77.97% increase in median value, while Units have seen a 45.14% increase. As at 31 October 2024:

  • The median value for Houses in South Townsville is $522,877 while the median value for Units is $408,887.
  • Houses have a median rent of $500 while Units have a median rent of $495.
There are currently 15 properties listed for sale, and 12 properties listed for rent in South townsville on OnTheHouse. According to CoreLogic's data, 116 properties were sold in the past 12 months in South townsville.

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