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30/38 Morehead Street, South Townsville QLD 4810

Offers Over $490,000

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$490k - $515k Transparent Transparent Listing Based on an openly advertised listing price.

Apartment 2 Beds 2 Baths 1 Car

Listed: yesterday

Overview

Set within the sought-after Abode Apartments complex in South Townsville, this generously proportioned two-bedroom, two-bathroom apartment offers an ideal blend of modern low-maintenance living and convenient inner-city access. Its current tenancy provides immediate rental income prospects with a rental appraisal at $550 per week, making it attractive for investors and also presenting an opportunity for owner-occupiers to personalise and enjoy the space upon vacant possession.

The apartment’s open-plan interior is thoughtfully designed to facilitate seamless day-to-day living and entertaining. The kitchen integrates smoothly with the living and dining areas, which benefit from expansive sliding doors that extend to a private balcony. This outdoor space not only invites refreshing breezes but also captivates with picturesque views towards Castle Hill, adding a valued sense of tranquility to urban living.

The master suite is a particular highlight, offering a generous layout which includes a walkthrough wardrobe, a private ensuite bathroom, and direct balcony access — enhancing privacy and comfort. The second bedroom is spacious and conveniently serviced by the main bathroom, maintaining functionality for residents or guests alike.

Practical features further elevate the apartment’s appeal, including a secure single car park and an independent storage room. This additional space is ideal for securely storing bicycles, sporting gear, or other belongings, alleviating indoor clutter.

Emphasizing the property's strengths, this apartment suits professionals, downsizers, or investors seeking a well-appointed, accessible inner-city residence with lifestyle amenities in close proximity. Located mere moments from Townsville’s CBD, The Strand, dining precincts, and sporting venues, it offers the perfect balance of city convenience and serene living with scenic outlooks.

Local Market Insights

In South Townsville, Quiet Listings observed 25 new apartments entering the market over the last 30 days, up from 9 during the previous 30-day period, with an average advertised asking price of $616,800. The property type mix of listed properties is predominantly Houses at 44%, followed by units (28%), and apartments (21%). The most active agency for apartments in the South Townsville area is currently Elite Properties, representing 36% of new listings, followed by McDonough Property Townsville with 24%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.