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223/523 Flinders Street

Townsville City QLD 4810

3
2
2
170 m²
Apartment
Currently for sale - view listing

Overview

Fully Furnished CBD Investment – High Income Potential through short term stays or long term leasing - offers over $700,000

Positioned in the heart of the city, Apartment 223/523–541 Flinders Street presents a rare opportunity to secure a fully furnished, turn-key investment with exceptional short-term and long-term income potential. Currently configured as a fully functioning Airbnb-style accommodation, this apartment is being sold complete with everything you need – furniture, appliances, kitchenware, linen and household items. From the fridge and washing machine to the knives and forks, everything is included, allowing the next owner to step straight in and start generating income from day one. The property has already proven its ability to deliver strong short-term rental returns, achieving up to $1,500 per night during major events, approximately $1,000 per night for large city events such as the V8 Supercars, and around $700 per night for extended holiday bookings over Christmas and Easter. For investors seeking a more traditional rental approach, the property also carries a rental appraisal of approximately $880 per week. Positioned in the heart of Townsville's CBD, Apartment 219/523–541 Flinders Street offers an outstanding opportunity to secure a spacious city residence or high-performing investment in one of the city's most convenient locations. With cafés, restaurants, entertainment venues, public transport, Queensland Country Bank Stadium, the waterfront, and major employment hubs all within easy reach, this is inner-city living at its best. Whether you're seeking a lock-and-leave lifestyle, a long-term investment, or a property with short-term accommodation potential, this apartment delivers exceptional flexibility. The property is being offered for sale from Offers Over $700,000, providing buyers the option to purchase the apartment as a residential investment or owner-occupied residence. For buyers looking to step straight into the short-term accommodation market, there is also the opportunity to purchase the property fully furnished and equipped. Everything required to operate the business can be included, from furniture and appliances through to kitchenware, linen, and household essentials, allowing a seamless transition and immediate income potential. The apartment has previously achieved strong short-term accommodation returns during major Townsville events and holiday periods, while also carrying a rental appraisal of approximately $880 per week for those preferring a traditional leasing arrangement. Residents enjoy access to quality on-site facilities including swimming pools, a gymnasium, and secure building access, all within a professionally managed complex. Property Features: • Offers Over $700,000 • Option to purchase fully furnished and equipped • Opportunity to continue short-term accommodation operations • Rental appraisal approximately $880 per week • Secure CBD apartment living • Access to swimming pools and gymnasium • Walking distance to restaurants, cafés and entertainment • Close to Queensland Country Bank Stadium • Easy access to public transport and major employment precincts • Ideal for owner occupiers, investors, or those seeking a city base Body Corporate Contributions: • Administration Fund: $1,339.78 per quarter • Sinking Fund: $585.00 per quarter • Insurance: $552.90 per quarter The owner has made it clear they are ready to sell and all offers will be presented for consideration. Proudly presented by Simone Corrigan 0409 461 319

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
170 m² floor area
Apartment

Property history for 223/523 Flinders Street

2014
Sold
$395,000
Private Sale/Treaty on 23 Oct 2014 by Sally Elliott, of Elders Smith and Elliott Townsville

Happy sellers in Townsville City

88%
88% of sellers in Townsville City reported that their sale price either exceeded or met their price expectations.

Townsville City stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Townsville City over the last 12 months.

Local market activity for 3 bedroom apartments in Townsville City

In the last 12 months, 11 three-bedroom apartments similar to 223/523 Flinders Street, have been sold.

This represents a 63% increase in three-bedroom apartments sales when compared to the previous 12 months.

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