OFF MARKET

206/523-541 Flinders Street
Townsville City QLD 4810

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 93m2
Land area: 137m2
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Property Details for 206/523-541 Flinders St, Townsville City

206/523-541 Flinders St, Townsville City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 137m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in July 2017.

Building Type
Unit
Year Built
2006
Floor Size
93m2
Land Size
137m2
Local Government
Townsville City
Lot/Plan
206/SP184138

Last Listing description (October 2011)

Southern investor regrettably must let go of secure DHA investment
In today's market, those looking for security in an investment property will jump at the opportunity to take advantage of apartment 206 at the Sanctuary Apartments which is now only available due to unforseen changes in the current owner's circumstances.
Currently leased by DHA until 2014, this stylish and contemporary apartment located in The Sanctuary on Flinders Street guarantees yearly rental increases for the term of the lease with the option of further lease terms.

This level 1 apartment overlooking Castle Hill on the Sturt Street side of the complex offers the following features:
Two large bedrooms including master with ensuite.
Designer kitchen overlooking spacious living area.
Fully airconditioned.
Centrally located within walking distance to Flinders Mall, cinemas and restaurants.
Resort style pool.
Water features and fountains to keep in style with the tropical surrounds.
Secure complex with on-site managers.
One underground car park.
Storeroom.
Net Income: $18,157.80
With the projected growth in Townsville, this property will not only give you security through the guaranteed lease but an investment which will grow in capital value due to its location and quality.
A copy of the Sustainability Declaration is available upon request.

Property History for 206/523-541 Flinders St, Townsville City, QLD 4810

A timeline of how this property has performed in the market
Last Sold
$288,000
12 Jul 2017
  • 12 Jul 2017
    Sold for $288,000
  • 13 Mar 2011
    Listed for Sale $399,000
  • 10 Oct 2005
    Sold for $322,000
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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 2,479 properties. Over the last 5 years, Houses in Townsville City have seen a 23.61% increase in median value, while Units have seen a 34.87% increase. As at 30 September 2024:

  • The median value for Houses in Townsville City is $692,115 while the median value for Units is $470,264.
  • Houses have a median rent of $535 while Units have a median rent of $495.
There are currently 37 properties listed for sale, and 70 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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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.