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

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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

Type
Unit
Bedrooms
2
Bathrooms
2
Parkings
1

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