SOLD
Sold on 22 Dec 2023 for $350,000

16/30-34 Palmer Street
South Townsville QLD 4810

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 139m2
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Property Details for 16/30-34 Palmer St, South Townsville

16/30-34 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 139m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in South Townsville in the last 12 months.

Building Type
Unit
Year Built
1999
Land Size
139m2
Local Government
Townsville City
Lot/Plan
16/SP122692

Last Listing description (October 2023)

This apartment's ingenious design provides you with two different units in one.

Second floor with three balconies enjoying views and all year-round breezes

Dual key apartment including one-bedroom and studio apartment
Fully furnished and managed under the hotel group, corporate residences
Pool, spa, and barbeque facilities onsite, including on site management
Rental Income - $26,906.64 per year (approx)
The manager pays: Body Corporate Administration and Insurance
The owner pays: Body Corporate Sinking Fund and Council Rates
Prestigious inner-city location
Walk to Townsville Stadium - Walk to Palmer Street's plethora of restaurants
Boutique shopping - Flinders Street Mall/City Walk/The Strand

Unit 15) Spacious one-bedroom, one-bathroom apartment with built-in robes, air-conditioned comfort throughout, separate laundry, European appliances and a huge balcony with views of the Townsville Yacht Club and the Ross River.
Open plan living and dining area that opens out to the balcony
Spacious bedroom with built-in wardrobe, and extra storage in the hallway
Modern bathroom combined with laundry including spa bath
Well-appointed kitchen with quality appliances
Split system air-conditioning throughout, carpet to the living and bedrooms

Unit 16) A one-bedroom studio apartment with a separate bathroom, a kitchenette and a balcony.
Spacious open-plan design with access to balcony
Kitchenette with bar fridge, kettle and microwave
Modern bathroom with walk-in shower
Split system air conditioning and carpet throughout

Access to both units is via distinct / linking entrances, allowing each unit to be utilised independently or by opening the common interior main doors, resulting in an open concept two-bedroom unit. For the clever investor, this allows you to possess two units under one title.

Investment only- this property does not allow the option to live in one and rent the other

Property History for 16/30-34 Palmer St, South Townsville, QLD 4810

A timeline of how this property has performed in the market
Last Sold
$350,000
22 Dec 2023
  • 22 Dec 2023
    Sold for $350,000
  • 29 Jun 2023
    Listed for Sale Offers Over $350,000
  • 19 Dec 2012
    Listed for Sale $389,000
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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 1,800 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.
There are currently 14 properties listed for sale, and 14 properties listed for rent in South townsville on OnTheHouse. According to CoreLogic's data, 115 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.