FOR SALE
Offers over $350,000

35/30-34 Palmer Street
South Townsville QLD 4810

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 116m2
Land area: 116m2
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Dual Key Apartment in the heart of Townsville City - Great Investment Opportunity

This apartment's innovative layout offers the convenience of two distinct units in one.
• Situated on the fifth floor with panoramic views and refreshing breezes year-round
• Dual key configuration comprising a one-bedroom apartment and a studio apartment
• Fully furnished and managed by a reputable hotel group for corporate residences
• Guaranteed income of $2470/month
• Onsite amenities include a pool, spa, barbecue facilities, and professional management
• Prime inner-city location within walking distance to Townsville Stadium and an array of restaurants on Palmer Street
• Boutique shopping destinations nearby, including Flinders Street Mall, City Walk, and The Strand
Unit 506) Spacious one-bedroom, one-bathroom apartment featuring built-in robes, air-conditioning, separate laundry, European appliances, and a large balcony with views of Townsville Yacht Club and Ross River.
• Open-plan living and dining area seamlessly flows onto the balcony
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Property Details for 35/30-34 Palmer St, South Townsville

35/30-34 Palmer St, South Townsville is a 2 bedroom, 2 bathroom Unit. The property has a land size of 116m2 and floor size of 116m2. The place is currently for sale with Explore Property - Belgian Gardens.

Building Type
Unit
Floor Size
116m2
Land Size
116m2

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About South Townsville 4810

The size of South Townsville is approximately 5.4 square kilometres. It has 7 parks covering nearly 4% of total area. The population of South Townsville in 2011 was 2,137 people. By 2016 the population was 2,352 showing a population growth of 10.1% in the area during that time. The predominant age group in South Townsville is 20-29 years. Households in South Townsville are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in South Townsville work in a professional occupation. In 2011, 47.5% of the homes in South Townsville were owner-occupied compared with 44.8% in 2016.

South Townsville has 1,794 properties. Over the last 5 years, Houses in South Townsville have seen a 77.45% increase in median value, while Units have seen a 43.74% increase. As at 30 September 2024:

  • The median value for Houses in South Townsville is $514,651 while the median value for Units is $396,002.
  • Houses have a median rent of $480 while Units have a median rent of $490.
There are currently 14 properties listed for sale, and 9 properties listed for rent in South townsville on OnTheHouse. According to CoreLogic's data, 106 properties were sold in the past 12 months in South townsville.

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Karyn Voevodin
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