4/23 Melton Terrace, Townsville City
Listing data updated 27 July 2026
Positioned in one of Townsville City's most desirable waterfront precincts, this well-presented apartment offers an exceptional opportunity to secure a low-maintenance investment with immediate rental income and long-term security. Located within the sought-after Melton Terrace complex, this two-bedroom apartment enjoys a prime location just moments from the CBD, The Strand, Queensland Country Bank Stadium, restaurants, cafes, and entertainment precincts. Whether you're looking to expand your investment portfolio or secure a property in a tightly held location, this is an opportunity not to be missed. With a tenant already in place until 6 January 2027, investors can enjoy peace of mind knowing the property is generating income from day one without the costs and uncertainty of finding a new tenant. Property Features: • Two bedrooms with built-in wardrobes • Dedicated car space • Open-plan living and dining area • Functional kitchen with ample storage • Air-conditioning for year-round comfort • Private balcony to enjoy the tropical lifestyle • Low-maintenance apartment living • Highly sought-after CBD location • Walking distance to restaurants, cafes, shopping and entertainment • Tenanted until 6 January 2027 • Asking Price: $505,000 Melton Terrace continues to be one of Townsville's most tightly held apartment locations, offering residents the perfect balance of city convenience and lifestyle appeal. With strong rental demand, excellent proximity to major employers, and ongoing investment in the Townsville CBD, this property represents a smart addition to any portfolio. Whether you're a seasoned investor or entering the market for the first time, opportunities to secure quality property in this location are becoming increasingly difficult to find. Contact Evolve Realty Group today for further information or to arrange your inspection.
RealistIQ deal score
Neutral value signal
33
/100
Review the estimated value range, comparable sales, suburb trends, and market signals for 4/23 Melton Terrace, Townsville City before you inspect or make an offer.
Independent price check
Estimate vs market price guide
Market price guide is $17,000 below RealistIQ estimate
Use this as a second opinion and check the comparable sales below.
12-month Property Outlook
What could this property be worth in 12 months if the local trend continues?
See Momentum and Stable modelled scenarios for this property.
Unlock PlusSee the 12-month outlook for this property.
From $29.90/month. Cancel anytime.
Before you inspect, check what similar properties actually sold for.
Unlock Plus to see the full list of comparable sales
Property features
Features detected from the listing details.
Comfort
Outdoor & building
From description
Listing details
- Status
- $480,000
Agent and agency
Unlock Plus to see the full list of comparable sales
