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Back 18/30 Palmer Street
Off Market

18/30 Palmer Street

South Townsville QLD 4810

2
2
1
Unit
Helena WaitHelena Wait, last sold this property on 12 May 2026 after 57 days on market.

Overview

Prime Location- Move In or Investment

Own a prime residence in one of South Townsville's most vibrant locations. Positioned on Palmer Street, the city's well-known restaurant and riverside precinct, this apartment offers an easy, low-maintenance living with the option for an Owner Occupier to take possession or a lock in a long-term lease already running periodically, providing guaranteed income from day one. Whether you are looking for low maintenance living or a set and forget investment this property offers convenience and security in a great location. Palmer Street continues to grow in popularity with professionals, health workers, defence personnel and visiting corporates, making it a highly sought-after inner-city location. Strong demand for short and long-term accommodation in the area, this property provides secure income while benefiting from Townsville's growing property market. Owner Occupier Option to end Lease with 30 days notice Key Investment Benefits Periodic lease with options to extend to 2032 Guaranteed income Rental Income $2,433.60 Per Month Outgoings Body Corporate: Approx. $10,330 Per Annum Council Rates: Approx. $3,799.92 pa Property features -Dual-key apartment with strong income potential -One-bedroom apartment featuring bathroom, laundry, kitchenette and lounge -Separate studio apartment with bathroom, storage and kitchenette -Both sections connected by a lockable interconnecting door -Located on Level 3 with a north-east aspect capturing bay and marina views Prime Location -Positioned in the heart of the Palmer Street dining and entertainment precinct -Walking distance to the CBD -Walking distance to Queensland Country Bank Stadium -Close to quality schools -Short drive to The Strand

Features

2 bedrooms
2 bathrooms
1 carspace
1 open car space
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in South Townsville over the last 12 months, the estimated median property value of 18/30 Palmer Street is $450k.

Median value
$450k
Estimated value range
$345k - $600k
Median days on market
31
Estimated value trend
25%
increase over the last 12 months
Average days on market is based on recent, comparable sales in South Townsville. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 18/30 Palmer Street

2026
Sold
Undisclosed
12 May 2026 by Helena Wait, of Page & Pearce

Happy sellers in South Townsville

92%
92% of sellers in South Townsville reported that their sale price either exceeded or met their price expectations.

South Townsville stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in South Townsville over the last 12 months.

Local market activity for 2 bedroom units in South Townsville

In the last 12 months, 11 two-bedroom units similar to 18/30 Palmer Street, have been sold.

This represents a 15% increase in two-bedroom units sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in South Townsville

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Nicole Plozza

Sellers who recommend Nicole Plozza have praised them for being local expert, clear communication, responsive, friendly, supportive, honest and well-prepared

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Brett Lipscomb

Sellers who recommend Brett Lipscomb have praised them for being clear communication, responsive, local expert, supportive, stress-free process, reliable and honest

  •   4.9   (179 reviews)
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Sam Musumeci

Sellers who recommend Sam Musumeci have praised them for being clear communication, local expert, reliable, responsive, pleasant, stress-free process and honest

  •   4.9   (95 reviews)
  •  1 Review in South Townsville
  •  1 Sale in South Townsville
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Nick Oats

Sellers who recommend Nick Oats have praised them for being responsive, local expert, clear communication and great negotiation

  •   4.9   (62 reviews)
  •  1 Review in South Townsville
  •  1 Sale in South Townsville
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