38/38 Morehead Street, South Townsville, QLD

Positioned in the highly regarded Abode Apartments complex in South Townsville, this spacious three bedroom residence offers an outstanding opportunity for both investors and owner occupiers seeking modern, low maintenance living in a prime inner city location. Just moments from the CBD, The Strand, Palmer Street dining precinct, Queensland Country Bank Stadium and major lifestyle amenities, this apartment delivers exceptional convenience paired with strong investment fundamentals. The kitchen flows seamlessly into 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, capturing natural light and breezes while providing a relaxed private outdoor retreat. The main bedroom is generously sized and features a walkthrough robe, private ensuite and a door to the balcony, while the remaining two bedrooms are well proportioned and serviced by a central main bathroom. A standout feature rarely found in apartment living is the inclusion of two secure car spaces plus a lock up storage unit, adding exceptional practicality and long term value. Currently tenanted until 15th June 2026 at $550 per week, the property provides immediate income security, with a strong rental appraisal of $600 – $650 per week offering clear upside for investors. For owner occupiers, this tenancy offers the flexibility of securing a future inner-city home while benefiting from 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. A rare opportunity to secure a versatile property that suits both the investor seeking strong rental appeal and the owner occupier planning for future inner city living. Interested parties should verify the accuracy and currency of the information and make their own independent inquiries, as the agent cannot attest to the correctness of the information provided. Please rely on your own inspection and investigations to determine if this property is suitable for your requirements, and the information provided is general in nature. Belle Property Townsville bears no liability for any loss sustained due to inaccuracy or omission.