Positioned on a generous 632sqm block in the heart of Vincent, 275 Palmerston Street presents an outstanding opportunity for investors chasing immediate returns and long term stability.
This classic highset Queenslander offers three bedrooms, one bathroom and secure lockable car accommodation underneath, combining practicality, strong rental appeal and future upside in a high demand rental pocket.
One of the standout features here is the tenant profile. The property has been home to the same long term tenant for more than 13 years, with a lease already secured through until April 2027, giving investors peace of mind and reliable income from day one.
The highset design provides additional storage and functionality underneath, while the large block offers excellent yard space and future potential.
Located close to schools, shopping centres, public transport and only minutes to the Townsville CBD, this is the type of low maintenance investment that continues to perform year after year.
Opportunities with secure long term tenants and immediate returns are becoming harder to find.
For further information including rental returns and lease details, contact Nathan Longhurst today.
