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Back 31/5 Kingsway Place
Off Market

31/5 Kingsway Place

Townsville City QLD 4810

2
2
1
93 m²
Apartment
Last sold for $460,000
Jabyn ManningJabyn Manning, last sold this property on 10 December 2025 after 19 days on market.

Overview

Great Rental Returns and Sold Fully Furnished

Situated in the immaculately positioned Central Precinct in the heart of Townsville City, the Central Paddington building is a fully services apartment complex offering ultimate low-maintenance living. Occupying the perfect location, this two-bedroom home brings you closer to everything you could possibly want or need! Palmer and Flinders Street knocking on your door, in conjunction with the indulgence of award-winning restaurants, cafes, cinema and boutique shopping. Be prepared for the weekend, just minutes from the home of the Cowboys, Country Bank Stadium, treat the family to a day out at The Strand, or simply enjoy a breezy walk along the river, be absolutely spoilt for choice! Step inside the complex, and make your way to the 6th level! Inside this fully furnished apartment, you are immediately welcomed by cool air-conditioning and ceiling fans throughout. Spacious in size, be lead through the freshly laid carpet, open planned living space to the patio, catching the beautiful breeze. Both bedrooms include built-in wardrobes and plenty of space and size to spread out. The master takes the advantage with it's ensuite, and own balcony to enjoy those morning coffees upon. Both bathrooms feature large walk-in showers for easy access. The Paddington building is well-maintained and caters to all your needs, with key fob gated entry to the carpark and the addition of the sparkling in-ground pool. Offering the incredible opportunity for the budding investor to add a great property to your portfolio with a clean rental return of $2,518 per month net management fees, central and low-maintenance apartment has nothing left to do, other than await it's new owner Property Features: - Monthly Income of $2,518 net fees until Oct 2026 - Fully Furnished - Spacious Unit - Brand New Carpet in Bedrooms and Living Space - Air-Conditioned Throughout - Master With Ensuite - Secure Parking - Swimming Pool in complex - Short Walk to Country Bank Stadium.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
93 m² floor area
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Townsville City over the last 12 months, the estimated median property value of 31/5 Kingsway Place is $468.5k.

Median value
$468.5k
Estimated value range
$415k - $650k
Median days on market
35
Estimated value trend
9%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Townsville City. 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 31/5 Kingsway Place

2025
Sold
$460,000
Private Sale/Treaty on 10 Dec 2025 by Jabyn Manning, of Ray White Townsville

Happy sellers in Townsville City

90%
90% of sellers in Townsville City reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 6 reviews in Townsville City over the last 12 months.

Local market activity for 2 bedroom apartments in Townsville City

In the last 12 months, 22 two-bedroom apartments similar to 31/5 Kingsway Place, have been sold.

This represents a 40% increase in two-bedroom apartments 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 Townsville City

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Simone Corrigan

Sellers who recommend Simone Corrigan have praised them for being clear communication

  •   4.9   (28 reviews)
  •  2 Reviews in Townsville City
  •  1 Sale in Townsville City
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Stanley Merwe

Stanley Merwe is a recommended agent for Townsville City.  They have collected 2 local reviews across the last 12 months.

  •   5   (2 reviews)
  •  2 Reviews in Townsville City
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Margaret Hill

Sellers who recommend Margaret Hill have praised them for being local expert, clear communication, friendly, responsive, reliable, supportive and well-prepared

  •   4.9   (171 reviews)
  •  1 Review in Townsville City
  •  3 Sales in Townsville City
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David Bishop

Sellers who recommend David Bishop have praised them for being clear communication, local expert, responsive, honest, supportive, reliable and friendly

  •   4.7   (399 reviews)
  •  1 Review in Townsville City
  •  2 Sales in Townsville City
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