10/51-55 Palmer StreetSouth Townsville QLD 4810
Property Details for 10/51-55 Palmer St, South Townsville
10/51-55 Palmer St, South Townsville is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 130m2. While the property is not currently for sale or for rent, it was last sold in May 2006.
Last Listing description (October 2024)
What a wonderful inner city investment - A Dual Key apartment located in the heart of Townsville City, overlooking the glistening waters of Ross Creek where you can see right out to where the river meets the ocean. Walking on Palmer Street takes you to an array of restaurants, cafes and then to the city centre. Watching the boats in and out of the yacht club is a wonderful way to spend your time.
This apartment can be lived in or rented through the onsite property managers or a real estate business of your choice. Explore Property Munro & Co have been managing this property most recently. Unit 10 & 10A are linked or locked with an internal door: this property can be split into two separate entities which would increase your rental returns. This property is completely unfurnished.
We have Body Corporate Information, Community Management Scheme (rules to the complex), Townsville City Council Rates, Rental Appraisals and lots of additional information. We are here to help you understand this property.
Unit 10 :
Fully functioning kitchen - electrical oven and rangehood
Tiled throughout the dining, kitchen and living areas + the balcony
Carpeted generous size bedroom - separate to living space - built in cupboards
Shower over bathtub in the bathroom
Laundry plumbing is located in the bathroom
Double doors slide open to the tiled balcony
Unit 10A :
Carpeted throughout the studio living / sleeping / dining area
Double doors slide open to the tiled balcony
Cabinetry suitable for a bar fridge
Bathroom has a shower over bath
Body Corporate Fees
Admin Fund: $16,190.02 pa
Sinking Fund: $1,628.36 pa
TOTAL: $17,818.38 pa
20% discount applies if paid by the due date - $14,254.71 pa
Rates
$ 3,299.90 pa (if paid by due date)
Rental Appraisal
Permanent $430- $460 per week
Holiday let - (Furnished) $2,300 per month
Julie Munro and Craig Allom are so proud to present this property to the marketplace. This property is currently vacant. Jools and Craig work seven days a week. Please call us to book your inspections.
Property History for 10/51-55 Palmer St, South Townsville, QLD 4810
- 01 Aug 2024Listed for Sale Offers Over $325,000
- 13 Mar 2023Listed for Rent $380 / week
- 26 Sep 2022Listed for Rent $350 / week
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0About 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 1,800 properties. Over the last 5 years, Houses in South Townsville have seen a 77.97% increase in median value, while Units have seen a 45.14% increase. As at 31 October 2024:
- The median value for Houses in South Townsville is $522,877 while the median value for Units is $408,887.
- Houses have a median rent of $500 while Units have a median rent of $495.
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