OFF MARKET

207/69-77 Palmer Street
South Townsville QLD 4810

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 128m2
Land area: 223m2
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Property Details for 207/69-77 Palmer St, South Townsville

207/69-77 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 223m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
Unit
Year Built
2009
Floor Size
128m2
Land Size
223m2
Local Government
Townsville City
Lot/Plan
207/SP200968

Last Listing description (September 2021)

Planning your retirement into a presitage unit complex? Well look no further than this. This Unit is postioned 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 restaurunt Townsville has to offer. You are on the water front with the biggest terrace I have ever seen in a unit as well, this will appeal to any entertainer.

With a current long term DHA lease achieving excellent rental returns with rent paid in
advance, this property is perfect for any investor. 3 bedroom, 2 bathroom and

accommodation for 2 cars, currently achieves $580 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

Come and discover all the benefits to investing in a DHA property.
Lease edition 6B
Lease commenced 29/07/2013 and ends on 28/07/2025
Lease option - 1 x up to 36 months
Right to vary - 1 up to 12 month reduction and 1 x up to 12 month extension
$580.00 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 207/69-77 Palmer St, South Townsville, QLD 4810

A timeline of how this property has performed in the market
Last Sold
$585,000
04 Aug 2021
  • 04 Aug 2021
    Sold for $585,000
  • 12 Nov 2020
    Listed for Sale $615,000
  • 19 Jun 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 1,800 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 15 properties listed for sale, and 11 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.