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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

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. Located within a well-maintained complex offering excellent facilities including a gym, swimming pools and secure access, the apartment appeals to both investors and owner-occupiers seeking lifestyle and convenience in a prime CBD location. Property Highlights • Fully furnished and ready to operate as a short-term rental business • Proven high income potential during major city events • Rental appraisal approximately $880 per week • All furniture, appliances and household items included in the sale • Access to building facilities including gym and swimming pools • Secure complex in a prime CBD location • Ideal for Airbnb, Booking.com or long-term leasing Body Corporate Fees • Administration Fund: $1,339.78 per quarter • Sinking Fund: $585 per quarter • Insurance: $552.90 per quarter Whether you're looking for a hands-off investment with strong income potential or a stylish city base with the option to generate additional returns, this fully equipped apartment offers flexibility, lifestyle and outstanding value. Opportunities like this rarely come to market fully set up and ready to perform. Proudly presented to the market by Simone Corrigan Call 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

90%
90% 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 6 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 67% increase in three-bedroom apartments sales when compared to the previous 12 months.

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