OFF MARKET

107/51-55 Palmer Street
South Townsville QLD 4810

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Property Details for 107/51-55 Palmer St, South Townsville

107/51-55 Palmer St, South Townsville is a 2 bedroom, 2 bathroom Unit.

Building Type
Unit
Local Government
Townsville City

Last Listing description (May 2022)

WOW, what an opportunity. (The Anchorage one) The property is leased back by the Park Regis management returning a secure monthly income of $1850.The contracts run for 2 years at a time. the current one till 30 September 2022. If what you need is a home ( Owner-occupier), no problem. You can take up residence.An ideal Holiday property, if you are an investor. The owner gets a return and covers the outgoings but is still available to occupy on holidays to suit if you live out of town or need a home away from home.There are a few owner-occupied units currently in the Anchorage one. Nestled in a great location, walking distance to the sailing club marina, Table 51, one of the great restaurants right on your doorstep.Palmer Street is one of Townsville's popular spots with excellent Restaurants and Micro Brewery, a small Boutique, walking distance to the Boat Club and the new Queensland Bank StadiumThe spacious property includes 2 large Bedrooms, 2 bathrooms, a covered , private deck/balcony catching the breeze in the afternoon.A functional kitchen with a new fridge good bench space. The laundry facility is situated inside the main bathroom tucked away. It is a lovely spot to relax, no matter if you are on holiday or live here permanently, as some people do.2 sparkling pools and BBQ area, lush tropical gardens throughout the complex complete the picture. The managers on location ensure the complex is well maintained at all times. Call now to make time to look at this lovely property. Inspections can take place at any time to suit if the property is not occupied. Not local, that's o.k. we can arrange a video viewing and you have the opportunity to ask all the questions that you have about the property.Send us an email for further information. Talk soon

Property History for 107/51-55 Palmer St, South Townsville, QLD 4810

A timeline of how this property has performed in the market
  • 20 Apr 2021
    Listed for Sale $329,000

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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 1,801 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.
There are currently 16 properties listed for sale, and 13 properties listed for rent in South townsville on OnTheHouse. According to CoreLogic's data, 116 properties were sold in the past 12 months in South townsville.

Suburb Insights for South Townsville 4810

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.