OFF MARKET

204/69-77 Palmer Street
South Townsville QLD 4810

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 132m2
Land area: 212m2
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Property Details for 204/69-77 Palmer St, South Townsville

204/69-77 Palmer St, South Townsville is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2009. The property has a land size of 212m2 and floor size of 132m2. While the property is not currently for sale or for rent, it was last sold in August 2016.

Building Type
Unit
Year Built
2009
Floor Size
132m2
Land Size
212m2
Local Government
Townsville City
Lot/Plan
204/SP200968

Last Listing description (November 2016)

Astute investors will know that a property such as this is incredibly hard to find! The three key elements of any solid investment are 1) Location; 2) Secure Returns; 3) Potential for Capital Growth.
Well this property has everything and more that the investor could want! This super impressive apartment is located in the modern and very secure apartment complex, and features 3 generous bedrooms, 2 bathrooms and 2 car accommodation, secure lift access; pool and gym in complex, and an absolutely enormous outdoor living area with stunning views over the river and Marina. The complex was built with quality in mind, and the fitout includes a spacious kitchen with stone tops, plenty of storage plus a dishwasher provision, and the complex is located in very close walking distance to a selection of Restaurants, shops, city centre and just a short drive to the Strand Precinct. This stunning investment opportunity currently returns $580 per week and is currently leased until January 2025 with a further 3 year Option! An opportunity too good to ignore!
Investing with DHA - This property is for sale on behalf of a DHA lessor and has a DHA lease in place. Visit dha.gov.au to learn about the benefits of investing in DHA property In accordance with DHA regulations we advise that this property will be available for private inspection only and to prequalified buyers only. Photos are supplied under agreement by DHA and are for illustration purposes only.

*All parties should make and rely upon their own enquiries in order to determine the accuracy of the information supplied. File photographs in use and may have been taken some time ago. Please rely on your own inspection and investigations as the property may have changed since the photographs were taken. Ross Real Estate (Brenson Pty. Ltd.) bears no liability for any loss sustained due to inaccuracy or omission.*

Property History for 204/69-77 Palmer St, South Townsville, QLD 4810

A timeline of how this property has performed in the market
Last Sold
$515,000
25 Aug 2016
  • 25 Aug 2016
    Sold for $515,000
  • 22 Feb 2016
    Listed for Sale $537,000
  • 03 Jan 2013
    Sold for $565,000
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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.