15/23 Melton Terrace, Townsville City QLD 4810

CBD apartment with two car spaces | elevated position | investor-owner crossover appeal | strong rental yield potential The uncommon provision of two secure undercover car spaces positions this apartment well above typical CBD stock, where parking is often a constraint. The elevated setting and open-plan layout support owner-occupier comfort while the estimated rental yield of 5.1% signals genuine investor demand. This property suits buyers seeking low-maintenance city living with a practical edge, or those wanting a balanced investment with good re-let appeal. The broad value range between automated estimates and the asking price indicates that building quality and strata health will determine true worth. Without strata records, special levies or capital works plans remain unknown risks. The rental band is wide enough that actual income may fall short of projections if building presentation or tenant mix is average. A local rental appraisal and comparable sales check are essential before proceeding.