- 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
