38/38 Morehead Street
South Townsville, QLD 4810

Overview

38/38 Morehead Street, South Townsville

Positioned within the highly regarded Abode Apartments complex in South Townsville, this spacious three-bedroom unit presents an exceptional opportunity for both investors and owner-occupiers seeking modern, low-maintenance living in a prime inner-city location.

Located just moments from the Central Business District, The Strand, Palmer Street dining precinct, Queensland Country Bank Stadium, and a variety of major lifestyle amenities, this apartment offers outstanding convenience alongside strong investment fundamentals.

The kitchen seamlessly integrates with the open-plan living and dining area, creating a bright and functional space ideal for everyday living and entertaining. Large sliding doors extend the living area onto a private balcony, allowing natural light and breezes to fill the space while providing a relaxed outdoor retreat.

The main bedroom is generously sized and features a walk-through robe, a private ensuite, and direct access to the balcony. The remaining two bedrooms are well-proportioned and serviced by a central main bathroom, ensuring comfort and privacy for all occupants.

A rare and valuable feature for apartment living is the inclusion of two secure car spaces along with a lock-up storage unit, adding exceptional practicality and long-term value to the property.

Currently tenanted until 15th June 2026 at $550 per week, the property provides immediate income security. The strong rental appraisal of $600 to $650 per week offers clear upside potential for investors. For owner-occupiers, this tenancy arrangement offers the flexibility to secure a future inner-city home while benefiting from rental income in the interim.

Residents of Abode Apartments enjoy secure complex living with lift access and well-maintained common areas, all within a tightly held and highly convenient South Townsville address.

This is a rare opportunity to secure a versatile property that suits both investors seeking strong rental appeal and owner-occupiers planning for future inner-city living.

Interested parties are advised to verify the accuracy and currency of the information and conduct their own independent inquiries. The information provided is general in nature and should be relied upon only after personal inspection and investigation to determine suitability. No liability is accepted for any loss sustained due to inaccuracies or omissions.

Location