15/30-34 Palmer St, South Townsville is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 116m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in November 2008.
This dual key apartment situated in a popular luxury Hotel in Townsville offers two bedrooms, 2 bathrooms, and separate twin balconies. It can be configured as a 1 bedroom 1 bathroom with full ensuite complete with lounge-dining room, full kitchen equipped with modern appliances AND separate studio apartment with bathroom, kitchenette and dining-lounge area OR a 2 bedroom 2 bathroom suite thanks to the optional interconnecting lockable door. Each area is air conditioned, has its own private balcony overlooking the resort style pool and spa as well as the marina, yacht club and the harbour with views to Magnetic Island
The dual key apartment enjoys an unbelievable position in the hub of the Palmer Street's thriving and energetic entertainment, food and tourist area of Townsville, in close proximity the Country Bank Stadium, the Magnetic Island Sea Link Ferry Wharf and barge terminals. The Ville Casino, Convention Centre, The Strand, Rockpool and Beach are mere minutes away.
This property is in the letting pool of The Grande Apartments and Aligned Corporate Residences and is ideal for the medium to long term Investor.
The gross rental from 1st August 2024 is $26,581 per annum on a five year lease with 2 further 5 year options.
Approximate outgoings current to 30th June 2024 are as follows:
Admin Fund $2,712.60
Sinking Fund $2,290.20
Insurance Levy $4,139.50
Rates $3,230.00 (Approx)
This outstanding property at Unit 15, 30-34 Palmer Street, South Townsville is proudly offered for sale by Exclusive Agents, TERRY SHELLY and NQ REALTY
DISCLAIMER The information provided herein has been provided by the vendors or third parties. We do not accept any responsibility to any person for its accuracy. Potential purchasers are advised to conduct independent due diligence to ensure its accuracy. Potential investors are encouraged to seek advice from their Legal, Financial and other advisers to determine if this investment is suitable for their specific needs.
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 77.45% increase in median value, while Units have seen a 43.74% increase. As at 30 September 2024:
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