18/30 Palmer Street

South Townsville QLD 4810

Unit

Currently for sale - view listing

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