30/30-34 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 140m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Townsville is home to Australia?s largest Army base, leading education providers, world-class events, a busy international port, cutting edge health facilities, and two World Heritage Areas; Great Barrier Reef and the Wet Tropics World Heritage area.
Two bedroom twin key layout, with private balconies with views overlooking the marina or the resort-style swimming pool.
Two bedroom twin key apartment, can also be offered as one bedroom and interconnecting studio. With both kitchenette and fully equipped main kitchen the property offers versatility and can accommodate guest as two separate apartments.
Boasting a sizeable 99m2 including balconies plus car park on title, and only a mere 500m2 to main shopping precinct, restaurants and cafes.
Current Rent: $515 pw - $26,783 pa.
Rent Return: 8.36% Gross / 5.86% Net:
Lease to: July 2024 - with 3 x 5 yr options.
Next Market Review in July 2024
**Net returns do not include government taxes**
Approximate Owner Outgoings:
Council Rates: $3200.00 pa
Water Rates: Included in council rates
Body Corporate Admin Fee: $2664.00 pa
Body Corporate Sinking Fund: $2159.00 pa
Should you require any further information please don't hesitate to contact me via return email or the contact numbers below.
Disclaimer. The information provided herein, and any further information supplied, is provided by way of example only. It is intended as general information only and is not to be construed as investment, legal or taxation advice. Potential investors are encouraged to seek the advice of their legal, financial and other advisors prior to investing, so as to determine whether this type of investment is suitable for their specific needs.
The information contained has been provided to me by the vendors or third parties. Potential purchasers are advised to conduct independent due diligence to ensure its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make and rely upon their own inquiries in order to determine whether or not this information is in fact accurate.
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:
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