SOLD
RECENT ADVICE
Sold on 13 Nov 2024 for $330,000

35/30-34 Palmer Street
South Townsville QLD 4810

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 116m2
Land area: 116m2
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Property Details for 35/30-34 Palmer St, South Townsville

35/30-34 Palmer St, South Townsville is a 2 bedroom, 2 bathroom Unit. The property has a land size of 116m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Unit sold in South Townsville in the last 12 months.

Building Type
Unit
Floor Size
116m2
Land Size
116m2
Local Government
Townsville City
Lot/Plan
35/SP122692

Last Listing description (November 2024)

This apartment's innovative layout offers the convenience of two distinct units in one.

• Situated on the fifth floor with panoramic views and refreshing breezes year-round
• Dual key configuration comprising a one-bedroom apartment and a studio apartment

• Fully furnished and managed by a reputable hotel group for corporate residences
• Guaranteed income of $2470/month
• Onsite amenities include a pool, spa, barbecue facilities, and professional management
• Prime inner-city location within walking distance to Townsville Stadium and an array of restaurants on Palmer Street
• Boutique shopping destinations nearby, including Flinders Street Mall, City Walk, and The Strand

Unit 506) Spacious one-bedroom, one-bathroom apartment featuring built-in robes, air-conditioning, separate laundry, European appliances, and a large balcony with views of Townsville Yacht Club and Ross River.

• Open-plan living and dining area seamlessly flows onto the balcony
• Generously sized bedroom with built-in wardrobe and additional storage in the hallway
• Modern bathroom with spa bath integrated with laundry facilities
• Well-appointed kitchen equipped with quality appliances
• Split system air-conditioning and carpet flooring in living areas and bedroom

Unit 505) A self-contained one-bedroom studio apartment with a separate bathroom, kitchenette, and balcony.

• Expansive open-plan layout with access to balcony
• Kitchenette equipped with bar fridge, kettle, and microwave
• Contemporary bathroom with walk-in shower
• Split system air conditioning and carpet flooring throughout

Access to both units is provided through distinct linking entrances, enabling each unit to function independently or be combined into a cohesive two-bedroom unit by opening the main interior doors. This unique setup presents an attractive investment opportunity for discerning buyers to own two units under one title.

** Investment Only **

Property History for 35/30-34 Palmer St, South Townsville, QLD 4810

A timeline of how this property has performed in the market
Last Sold
$330,000
13 Nov 2024
  • 13 Nov 2024
    Sold for $330,000
  • 16 Sep 2024
    Listed for Sale Offers over $350,000
  • 09 May 2024
    Listed for Sale Offers over $350,000
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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 1,802 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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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.