OFF MARKET

34/502 Flinders St
Townsville City QLD 4810

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 88m2
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Property Details for 34/502 Flinders St, Townsville City

34/502 Flinders St, Townsville City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2008. The property has a floor size of 88m2.

Building Type
Unit
Year Built
2008
Floor Size
88m2
Local Government
Townsville City

Last Listing description (November 2023)

Stylish, self-contained apartment, good size rooms and living area, 2 bedrooms, 2 bathrooms .
Great Investment, a secure income.

Located within walking distance of the CBD.

The Owner wants this one sold, we will present all offers to Owner for evaluation.

This property has been well maintained. All white goods have been replaced recently, including the air conditioning system.

Nothing further to spend for a new investor. The company renting the unit has a fixed lease until April 2024, with a possible extension for much longer, if not sold to an owner occupier.

A great addition to the portfolio as an astute investor. For an owner-occupier, not too long to wait and get a return in the meantime.

The unit has never missed a beat for years. Short term, long stays and in between. the down time on our furnished units is very short, if there is any at all. We have tenants on a waiting list on a regular basis. All professional tenants for long term stays, some Queensland Health tenants on shorter leases. All reliable and reputable tenants.

The location offers a variety of amenities such as cafes, cinemas, restaurants, bars, shopping, public transport, University at walking distance and is close to major CBD offices. On-site facilities include an outdoor swimming pool, gymnasium, spa, sauna and BBQ area.
Ideal for both corporate and leisure stays in Townsville's inner city.

The airport is approximately a 10-minute drive from the complex. Located in the heart of Townsville, the Strand precinct is a 15-minute stroll.
There are also many restaurants, bars, gyms and Cafes all within a 5-10-minute walk from the property including Woolworths supermarket.

By car, you'll take 2 minutes to all the destinations.
Due to the property having residents at present, we need to book an appointment for an inspection.

However, we will book inspections to suit you. We can do Video call viewings to make it easier for the buyers who may be away from the location.

Call us to arrange a viewing or for more information on this great opportunity.

Property History for 34/502 Flinders St, Townsville City, QLD 4810

A timeline of how this property has performed in the market
  • 04 May 2023
    Listed for Sale 380000 o.n.o.
  • 13 May 2021
    Listed for Sale Not Disclosed

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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 2,471 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 40 properties listed for sale, and 66 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.

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.