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Sold on 14 Jun 2024 - Price Unavailable

205/69-77 Palmer Street
South Townsville QLD 4810

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 223m2
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Property Details for 205/69-77 Palmer St, South Townsville

205/69-77 Palmer St, South Townsville is a 3 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 223m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom Unit sold in South Townsville in the last 12 months.

Building Type
Unit
Land Size
223m2
Local Government
Townsville City
Lot/Plan
205/SP200968

Last Listing description (June 2024)

Planning your retirement into a prestige unit complex? Well look no further than this. The unit is positioned in one of Townsville's prestigious unit complexes and is in the heart of the city. Located in South Townsville you are only 2 minutes drive away from Townsville's CBD and just walking distance to some of the best bars and restaurants Townsville has to offer. You are only a moments walk to Queensland Country Bank Stadium, Flinders Street Townsville's premier night precinct, The Ferry terminal as you are only a 20 minute boat ride to Magnetic Island and moments to the The Ville Resort and Casino which is currently adding to their size with the $88mil Ardo Hotel and Leisure Complex next door.

This water front unit has one of the largest terraces ever seen in a unit in Townsville and has stunning views down the harbour entry. The Master bedroom has sliding door access straight onto the patio to capture the brisk Northern Breezes. The master has a walk-through wardrobe into the ensuite with a walk-in shower. The bedrooms are all carpeted, with built-in wardrobes and carpeted and all feature split system air-conditioning.

The living spaces are tiled with a European laundry, and main bathroom featuring separate bath and shower. The kitchen is spacious is size and feature stone benchtops, electric oven and cooktop, microwave hutch and a large island bench with plenty of storage.

With a current long term DHA lease achieving excellent rental returns with rent paid in
advance, this property is perfect for any investor and rent is paid no matter if there is a current tenant in there or not. 3 bedroom, 2 bathroom and
accommodation for 2 cars, currently achieves $700 per week.

DHA will throughout the term of the agreement, look after the property by providing "DHA
property care" which consists of:
• Property Management Service
• Repair and Maintenance
• Emergency Repair
• The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement)
• Market Rent Review - Done Yearly in December

Come and discover all the benefits to investing in a DHA property.
• Lease edition 6B
• Lease commenced 22/08/2013 and ends on 21/08/2025
• Lease option - 1 x up to 36 months
• $700 per week

Property Features:
• Amazing complex
• 3 bedrooms with built in wardrobes and split system air-conditioning
• Ensuite to master bedroom
• Open planned living and dining space
• Huge Terrace
• Pool in Complex

Disclaimer: This property is for sale on behalf of a Defence Housing Australia lessor and has a Defence housing Australia lease in place.

Property History for 205/69-77 Palmer St, South Townsville, QLD 4810

A timeline of how this property has performed in the market
Last Sold
14 Jun 2024
  • 31 May 2024
    Listed for Sale Offers Over $649,000
  • 31 May 2024
    Sold for $639,000
  • 13 Jul 2023
    Listed for Sale Offers Over $649,000
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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 17 properties listed for sale, and 7 properties listed for rent in South townsville on OnTheHouse. According to CoreLogic's data, 118 properties were sold in the past 12 months in South townsville.

Suburb Insights for South Townsville 4810

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Jabyn Manning
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Giovanni Spinella
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Ray White Townsville
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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.