13/51-55 Palmer Street, South Townsville, Qld 4810

$410,000

Unit
Type
2
Bedrooms
2
Bathrooms
1
Parkings
120 m²
Area

Last updated on Monday, July 06, 2026 ( See property details for 13/51-55 Palmer Street, South Townsville, Qld 4810)

$410,000

Lexie Pepyat Sales Associate to Giovanni Spinella
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A modern dual-key unit in South Townsville offering stunning marina views, flexible living options, and guaranteed rental income in a vibrant coastal locale.

🏡 Property Highlights

  • Dual-key design offering flexible living and investment options
  • Secure guaranteed rental income from current tenants Park Regis
  • Breathtaking water views from private balcony overlooking the marina
  • Prime location in the vibrant Palmer Street restaurant precinct
  • Close proximity to waterfront promenades, markets, and The Strand
  • Contemporary styling with versatile layout for multi-generational living or rental income

✨ Key Features

  • Open-Plan Living
  • Balcony
  • Waterfront / Views
  • Built-in Robes
  • Security Screens / Gates
  • Open-Plan Living
  • Ensuite
  • Internal Laundry
  • Pet-Friendly
  • Garage / Secure Parking

South Townsville is a vibrant coastal suburb renowned for its lively Palmer Street restaurant precinct, scenic waterfront promenades, and proximity to The Strand. It offers a relaxed lifestyle with easy access to boutique cafes, markets, and scenic walks. The area combines urban convenience with stunning water views, making it highly desirable for both residents and investors. Excellent local amenities, public transport, and proximity to the CBD enhance its appeal as a premier coastal destination.

What are the current lease terms and rental income for each unit?
Both units are currently leased to Park Regis, providing secure, guaranteed income from day one, ensuring a reliable return for investors.
Can the layout be modified for different living arrangements in the future?
Yes, the dual-key format offers long-term flexibility, allowing owners to occupy one unit while renting out the other or adapt the layout as needed.
What amenities are nearby for residents?
Residents have easy access to the Palmer Street restaurant precinct, waterfront promenades, markets, The Strand, local shops, public transport, medical services, and schools.
Is the property suitable for short-term rentals or holiday accommodation?
The light-filled studio and prime location make it ideal for short-term guests, providing potential for holiday rental income.
What are the maintenance requirements for this property?
The property features a low-maintenance design with modern finishes, making upkeep straightforward and convenient.
Are there any upcoming planning or development applications in the area that could affect the view or property value? What are the strata or body corporate fees, and what do they cover? Are there any easements, zoning restrictions, or covenants that could impact future modifications? Has the property been inspected for structural issues or water damage? Are there any known noise or disturbance issues from nearby establishments or traffic? What are the total costs involved, including stamp duty, legal fees, and ongoing expenses? Is the property located within a flood or bushfire risk zone? Are there any restrictions on leasing or sub-leasing the units? What is the history of the property's maintenance and any recent renovations? Are there any planned infrastructure projects or developments nearby that could impact the property?

13/51-55 Palmer Street, South Townsville, Qld 4810 - More Details

$410,000

This exceptional dual-key residence presents a rare blend of lifestyle and investment appeal, thoughtfully configured as two private units linked by a shared foyer. Its flexible layout is ideal for multi-generational living, a live-and-lease arrangement, or dual rental income streams, giving owners multiple options and peace of mind.

The principal apartment is a comfortable sanctuary, featuring a well-appointed kitchen, a bright living room, a spacious bathroom and a separate bedroom - all flowing to a private balcony that looks directly over the marina. Imagine morning coffee with water views or evenings watching boats glide by - small daily moments that elevate the living experience. The studio is an efficient, light-filled space with an open-plan bedroom/living area and a generous bathroom, perfect for short-term guests, a long-term tenant, or a private creative workspace.

Both units are currently leased to Park Regis, providing secure, guaranteed income from day one - a compelling advantage for investors seeking immediate, reliable returns. The property's dual-key format also creates long-term flexibility and resilience: occupy one unit while earning from the other, or adapt the layout as your needs evolve.

Location enhances the emotional and practical appeal. Nestled in South Townsville, this address places you in the heart of the celebrated Palmer Street restaurant precinct - a lively strip of boutique cafes, acclaimed dining options and inviting alfresco venues. Stroll to waterfront promenades, enjoy weekend markets, or take scenic walks along the Strand; everything that makes coastal city living so desirable is within easy reach. Convenience is genuine here: local shops, public transport, medical services and schools are close by, while Townsville CBD and essential connections are a short drive away.

This dual-key opportunity is more than a property - it's a lifestyle gateway and a smart, emotionally rewarding investment. Combining contemporary style, versatile living arrangements, breathtaking views and guaranteed rental income in a premier riverside setting, it stands out as a rare and compelling offering for owner-occupiers and investors alike.
Type
Unit
Bedrooms
2
Bathrooms
2
Parkings
1
Area
120 m²
House Size
120 m²

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