224 Flinders Street

Townsville City QLD 4810

454 m²

Apartment

Currently for sale - view listing

Overview

Residential / Commercial Heritage Listed Investment Property in the CBD

- A rare opportunity to own a beautifully restored heritage residence in the heart of Townsville's CBD - Spacious 4-bedroom, 3-bathroom apartment occupying the entire upper level, blending character and modern comfort - Successfully operated as a high-performing Airbnb, earning approximately $35,000 per annum with an average nightly rate of $320 - Offers the flexibility to live upstairs and generate income below, or continue as a dual-income investment - State Heritage-listed landmark full of charm and history - Constructed from solid rendered brick and concrete with timber floors and a Colorbond roof - Generous 454m² total building area approx. 200m² ground floor and 254m² upper level - Ground floor leased to three boutique commercial tenancies, producing approximately $65,000 per annum in rental income - Total gross holding income around $100,000 per annum - Formerly a loading dock, the building has been transformed into the Howard Smith Building, home to The Hoi Espresso Bar and Function Space - Ideally positioned in Denham Lane, just off Flinders Street, within the lively Flinders Street entertainment precinct - Surrounded by cafés, dining, art, and culture including one of Townsville's most celebrated street-art laneways - A truly unique mixed-use property combining lifestyle, location, and investment appeal For further information or to arrange an inspection contact Shaun McLaren at Colliers. ^ Outlines / markups indicative only