SOLD
Sold on 04 Jun 2024 for $1,500,000

609-621 Flinders Street
Townsville City QLD 4810

Bedrooms: -
Bathrooms: -
Car spaces: 10
Floor area: 93m2
Land area: 1068m2
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Property Details for 609-621 Flinders St, Townsville City

Building Type
Commercial
Floor Size
93m2
Land Size
1068m2
Local Government
Townsville City
Lot/Plan
1/RP712458

Last Listing description (August 2024)

This landmark property enjoys a high exposure corner site on one of Townsville's main arterial roads
in close proximity to the Queensland Country Bank Stadium and the new Telstra and Hilton
Garden Inn projects both under construction now.

Improvements comprise a single level professional office and retail complex configured as seven
air conditioned tenancies with glass shopfronts and on site parking for 14 Vehicles, offered subject
to leases producing a net income of approximately $103,000 per annum + GST.
Contact exclusive marketing agents RWC Townsville on 07 4726 7888.

Property History for 609-621 Flinders St, Townsville City, QLD 4810

A timeline of how this property has performed in the market
Last Sold
$1,500,000
04 Jun 2024
Listed for Rent
$28/w
15 Dec 2015
  • 04 Jun 2024
    Sold for $1,500,000
  • 01 May 2024
    Listed for Sale Expressions of Interest
  • 02 Mar 2018
    Transferred for $166,667
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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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Contact agent
Graeme Russell
Show contact details
Ray White Commercial Townsville
Preferred contact:
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.