495-503 Sturt Street, Townsville City QLD 4810

Large 981m² block in central Townsville | Proven B&B income history | Rare site coverage under 40% | Strong school catchment advantage This property’s primary buying case rests on its unusually generous land-to-building ratio in an established urban setting, where a 393m² footprint leaves over half the site as usable yard—a scarcity in Townsville City. The existing B&B configuration, supported by a 9.6 guest rating, demonstrates immediate income potential that a buyer can either continue or convert to a dual-living arrangement. For an owner-occupier, the floorplan suits a large family needing separate zones, while the school proximity to Townsville West State School and Townsville State High School adds long-term resale depth. The three-bay carport and off-street parking further differentiate it from tighter inner-city listings. The bushfire impact buffer overlay introduces a conditional cost: any future development or subdivision may require additional vegetation management or construction standards, though no flood or heritage constraints exist. The 75% owner-occupied street profile suggests stable neighbourhood character rather than transient rental churn, which supports capital growth but limits short-term flipping. A buyer should hold this property for at least five years, either operating the B&B for yield or converting to a high-end family home that captures the scarcity value of a large central block.