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Dual-Key Living & Income - Palmer Street Precinct For Sale
Dual-Key Living & Income - Palmer Street Precinct Dual-Key Living & Income - Palmer Street Precinct

13/51 Palmer Street, South Townsville, QLD, 4810

Dual-Key Living & Income - Palmer Street Precinct

Unit
Type
2
Bedrooms
2
Bathrooms
1
Parkings

Last updated on Thursday, March 19, 2026 ( See property details for 13/51 Palmer Street, South Townsville, QLD, 4810)

Offers Over $389,000

  • 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 prime waterfront location.

🏡 Property Highlights

  • Dual-key design offering flexible living and investment options
  • Breathtaking marina water views from private balcony
  • Currently leased to a reputable tenant, ensuring immediate income
  • Prime location in the vibrant Palmer Street restaurant precinct
  • Ideal for multi-generational living or dual rental income
  • Contemporary style with well-appointed kitchens and spacious living areas

✨ Key Features

  • Open-Plan Living
  • Balcony
  • Waterfront / Views
  • Secure Parking
  • Built-in Robes
  • Ensuite
  • Home Office / Study
  • External Laundry
  • Pet-Friendly
  • Low-Maintenance Yard

South Townsville offers a vibrant coastal lifestyle with easy access to the Palmer Street restaurant precinct, scenic waterfront promenades, and the iconic Strand. Residents enjoy a lively community atmosphere, proximity to shops, public transport, and medical services, all within a short drive to Townsville CBD. The area combines relaxed seaside living with urban convenience, making it ideal for both lifestyle and investment pursuits.

What are the current lease terms and rental income for this property?
The property is currently leased to Park Regis, providing secure, guaranteed income from day one, with rental details available upon inquiry.
Can the layout of the dual-key units be modified in the future?
Yes, the flexible dual-key design allows for potential layout adjustments to suit changing needs or preferences.
What amenities are available nearby for residents?
Residents have access to the Palmer Street restaurant precinct, waterfront promenades, markets, public transport, medical services, and schools.
Is the property suitable for short-term rentals or Airbnb?
The studio unit's open-plan layout makes it ideal for short-term guests, and the property’s location supports short-term rental opportunities, subject to local regulations.
What maintenance or management responsibilities are involved?
The property features low-maintenance design elements, and management details can be discussed with the current leasing arrangement.
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 regulations applicable to this unit? Are there any easements, zoning restrictions, or covenants that could impact future modifications? Has the property been inspected for any structural or water damage, especially given its waterfront location? What are the flood and bushfire risks associated with this property, and are there any relevant disclosures? Are there any planned infrastructure projects or construction activities nearby that could cause noise or disruption? What are the total ongoing costs, including council rates, strata fees, and insurance? Is there any history of disputes or issues with the current tenant or management? Are there any restrictions on pet ownership or other lifestyle considerations? What is the process for vacating or changing the lease if needed in the future?

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

Dual-Key Living & Income - Palmer Street Precinct

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

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