RARE PREMIUM CBD APARTMENTS: DUAL TOP-FlOOR RESIDENSES 6%+ YIELD

1 & 2/361 Flinders Street, TOWNSVILLE CITY QLD 4810

OFFERS OVER $500,000 EACH
52

Positioned on the top floor of a boutique complex of just two exclusive apartments, both Unit 1 (157sqm) and Unit 2 (159sqm) are now available to purchase – providing a rare chance to secure both properties together. Perfect for dual income, multi-generational living, or a live-in-one, rent-the-other strategy.

UNIT 1/361
A rare inner-city opportunity awaits with this oversized 157 sqm immaculate freshly painted throughout apartment located in the vibrant heart of Townsville’s CBD. Offering the scale of a home with the ease of apartment living, this fully furnished property delivers unbeatable lifestyle appeal and solid investment returns.

Currently leased at $650 per week (until August 2026), it’s perfect for investors or future owner-occupiers looking to enjoy the best of city living, just steps from City Lane eateries, supermarkets, the stadium, and The Strand.

Privately accessed via a secure stairway, this apartment is tucked peacefully above a medical practice, offering both privacy and convenience.

Inside, the open-plan layout features a spacious living and dining area, a galley kitchen with island bench, double pantry, and stylish finishes. A separate theatre room and dedicated study add incredible flexibility, while natural light pours in through glass louvres and feature glass bricks.

The home includes three carpeted bedrooms, all with air-conditioning, and the master enjoys a walk-in robe and dual-access bathroom with double vanity. A large internal laundry and complete furniture package make this property fully move-in or rental ready.

Key Highlights:
Rare dual purchase option – buy both Unit 1 (157sqm) & Unit 2 (159sqm)
Prime CBD location – walk to dining, shopping, stadium, and The Strand
Fully furnished – complete package included in the sale
Strong investment – leased until August 2026 at 650/wk (gross yield 6.1%)
157 sqm of luxury apartment living
Tiled, ducted-air living with split systems to all bedrooms
Galley kitchen with island bench, double pantry, and dishwasher
Large theatre room + separate study
Three bedrooms – master with walk-in robe and ensuite-style bathroom
Stylish, fully tiled bathroom with double vanity
Large internal laundry with washer and dryer included
Private, secure stairway access

UNIT 2 /361
Step into a world of style, space, and convenience with this exceptional city apartment – a true hidden gem located right in the vibrant heart of Townsville’s CBD. Designed with the proportions of a full-sized home, and enhanced by soaring high ceilings freshly painted throughout, this 159 sqm residence offers an unbeatable blend of comfort, luxury, and location.
Currently fully furnished and generating a strong rental return ($650 per week until February 2026), this apartment is a dream investment for savvy buyers or an ideal future home for city workers and hospitality professionals. Nestled peacefully above a medical practice and accessed via a private, secure side stairway, the apartment enjoys surprising tranquility while being mere steps from the buzzing City Lane eateries, supermarkets, Queensland Country Bank Stadium, and The Strand.
Inside, the expansive open-plan living area is beautifully tiled and ducted for year-round comfort. Natural light floods the space through secure glass louvres, creating a bright, inviting atmosphere. The well-designed layout includes a dining area at one end, a sleek galley kitchen with island bench and breakfast bar at the centre, and a generous living space at the far end.
The galley kitchen itself is a highlight, complete with a large oven, double pantry, dishwasher, abundant storage, and stylish finishes that make both everyday meals and entertaining a breeze.
A separate oversized theatre room provides a perfect retreat for movie nights, while a built-in study – larger than many bedrooms – offers incredible versatility, complete with four large storage cupboards for added practicality.
The chic, fully tiled bathroom features a double vanity and a spacious shower, cleverly designed with dual access from both the study and the master bedroom, giving the feel of a private ensuite.
Both bedrooms are generously sized, carpeted, and air-conditioned, with the master enjoying a walk-in wardrobe and plenty of natural light. A large internal laundry, complete with a washer and dryer, adds to the convenience.
This unit’s rare combination of size, location, and furnishings also makes it an attractive Airbnb prospect, offering strong income potential from day one.

Highlights:
Prime CBD location – walk to dining, shopping, stadium, and Strand
Fully furnished – complete furniture package included with the sale
Strong investment – leased until February 2026 at $650/week (gross yield 6.1%)
Oversized floorplan – 159 sqm of luxury apartment living
Spacious open plan – tiled, ducted-air living, plus split systems to bedrooms
Modern galley kitchen – island bench, double pantry, dishwasher
Separate theatre room – perfect for movie nights or extra living space
Huge built-in study – ideal for working from home or extra storage
Two large bedrooms – master with walk-in robe and ensuite access
Stylish bathroom – double vanity, tiled to ceiling
Large internal laundry – includes washer and dryer
Exceptional rental demand – highly popular with city-based professionals
Secure and private – access via a separate, secure stairway

Disclaimer: Helen Munro Property has prepared this information using every endeavour to ensure that the information given is true and accurate but accepts no responsibility or liability in respect of any errors, omissions or inaccuracies that may occur. All prospective purchasers should endeavour to make their own enquiries to verify the accuracy of the information provided.

Margaret Hill
Independent Sales Executive
0439 716 340
Boasting 20 years of industry experience and a track record of over 800 successful sales, my mission is to streamline and enrich your property journey. My enthusiasm for real estate is equally matched by my dedication to client satisfaction. Leveraging my extensive knowledge and a solid foundation in customer service, I guide you towards making well-informed and confident property decisions. My commitment is to not just meet, but exceed your expectations, ensuring a positive and fruitful outcome. Whether you're gearing up to sell, eyeing a purchase, or simply in need of market insights, I'm your go-to for straightforward, effective real estate solutions. Together, we'll turn your property aspirations into reality. SPECIALTIES I've handled everything from cozy apartments to luxurious homes valued over $1,000,000 across Townsville. No matter the type of property, I've developed and executed successful marketing strategies tailored to each unique home. My comprehensive approach includes meticulously planned advertising, sales techniques, and scheduling for inspections and open houses. With Margaret Hill Properties, your property isn't just listed; it's sold. ADDED VALUE SERVICES Understanding the importance of first impressions, I offer expert pre-sale advice to ensure your property stands out from the moment it hits the market. For absentee owners, I manage the entire sales process with precision and care, keeping you informed and involved, no matter where you are in the world. Moreover, I collaborate with a dedicated team of professionals, from gardeners to home stagers, ensuring your property is presented at its absolute best. This team works tirelessly to prepare your property for sale, highlighting its best features and making it truly shine for potential buyers. With this holistic approach, we not only aim to sell your home but to secure the best possible outcome for you. AWARDS AND RECOGNITION As a testament to my dedication and success in the real estate industry, I have been honoured with multiple awards throughout my career, highlighting my commitment to excellence in serving my clients: Recognised as a member of the A-List in 2016, ranking in the top 1% of QLD agents. Consistent Excellence: Premier Alan White Member continuously from 2005 to 2015. Top Sales Achievements: Achieved significant milestones with $40 million in sales to June 2007, $80 million to March 2011 and $120 million to 2014, $240 million 2023 Ranked Among the Best: Ranked #4 in the North Queensland Ray White Group in December 2013. Secured a position in the Top 10 for residential settled commission and sales multiple times between 2006 and 2012, including the #1 spot for settled sales 2006/2008/2007 and commission 2011. Ray White Elite 2006/2007: An accolade that underscores my exceptional performance and contribution to the real estate sector. These accolades not only reflect my relentless drive to excel but also my unwavering commitment to achieving the best outcomes for my clients.
Read More
Property Features
  • Unit
  • 5 bed
  • 2 bath
  • Air Conditioning
  • Floor Area is 316 m²
  • 2 Toilet
  • Study
  • Dishwasher
  • Built In Robes
Enquire now
  • Hidden
  • This field is for validation purposes and should be left unchanged.

Back to Top