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Townsville Properties, owned by GPK Resources and Development Corp., holds a number of studio-type condotels/ apartments in varying locations in Iloilo such as Aurora Subdivision and Molo. Townsville Properties, with the name derived from the north eastern city in Australia, aspires to bridge functionality and urban proximity with the peaceful calm of the coast.

Townsville Properties offer a comfortable home for transient and long staying individuals looking for a place to stay in Iloilo. Equipped with 24 hour security, spacious rooms, and in-house service, Townsville is among the first in Iloilo to provide such amenities with a very reasonable price. The first successful project of Townsville Properties is Townsville Studios located in Aurora Subdivision, Iloilo City and was opened in June 2008. Other successful branches is in Molo, Iloilo City.