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18/30-34 Palmer Street, South Townsville, Qld 4810 Sold
18/30-34 Palmer Street, South Townsville, Qld 4810 18/30-34 Palmer Street, South Townsville, Qld 4810-Image 18/30-34 Palmer Street, South Townsville, Qld 4810-Image 18/30-34 Palmer Street, South Townsville, Qld 4810-Image 18/30-34 Palmer Street, South Townsville, Qld 4810-Image 18/30-34 Palmer Street, South Townsville, Qld 4810-Image 18/30-34 Palmer Street, South Townsville, Qld 4810-Image 18/30-34 Palmer Street, South Townsville, Qld 4810-Image 18/30-34 Palmer Street, South Townsville, Qld 4810-Image 18/30-34 Palmer Street, South Townsville, Qld 4810-Image 18/30-34 Palmer Street, South Townsville, Qld 4810-Floorplan

18/30-34 Palmer Street, South Townsville, Qld 4810

$390,000

Unit
Type
2
Bedrooms
2
Bathrooms
1
Parkings

Last updated on Monday, July 06, 2026 ( See property details for 18/30-34 Palmer Street, South Townsville, Qld 4810)

$390,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A modern dual-key apartment in the heart of South Townsville's vibrant dining precinct, offering guaranteed income and stunning marina views.

🏡 Property Highlights

  • Guaranteed rental income with a long-term lease extending to 2032
  • Prime location in the vibrant Palmer Street dining and entertainment precinct
  • Dual-key apartment offering strong income potential
  • North-east aspect with bay and marina views from Level 3
  • Walking distance to Townsville CBD and Queensland Country Bank Stadium
  • Low-maintenance investment with professionally managed tenancies

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Waterfront / Views
  • Outdoor Area / Balcony
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Ceiling Fans
  • Home Office / Study Nook

South Townsville is a thriving inner-city suburb renowned for its vibrant dining and entertainment precincts, proximity to the CBD, and scenic waterfront views. It attracts professionals, health workers, and visitors, making it a highly sought-after location for both living and investment. The area offers excellent amenities, quality schools, and easy access to major attractions like The Strand, ensuring a dynamic lifestyle and strong property demand.

What are the rental terms and lease duration for this property?
The property is leased under a long-term lease extending to 2032, providing guaranteed income and stability for investors.
What are the ongoing body corporate and council rates?
The approximate annual body corporate fee is $10,330, and council rates are approximately $3,799.92 per annum.
Does the property have views or outdoor spaces?
Yes, the apartment is located on Level 3 with a north-east aspect, capturing bay and marina views, and features an outdoor balcony.
Is the property suitable for tenants seeking short-term or long-term accommodation?
The property benefits from strong demand for both short and long-term rentals, making it a versatile investment option.
What amenities are nearby?
The property is within walking distance to the CBD, Queensland Country Bank Stadium, and the vibrant Palmer Street dining precinct, with a short drive to The Strand.
Are there any upcoming planned developments or zoning changes in the area that could affect the property value? What are the specific terms and conditions of the long-term lease, and are there any restrictions? Are there any known issues or defects with the building or apartment that should be disclosed? Is the property compliant with all building and safety regulations? Are there any easements, covenants, or restrictions affecting the property? What are the potential costs for future maintenance or upgrades? Is the property located in a flood or bushfire-prone area? Are there any strata or body corporate fees not included in the current estimate? Is there any ongoing or planned construction nearby that could impact the property? What are the terms regarding pet ownership or other tenant restrictions?

18/30-34 Palmer Street, South Townsville, Qld 4810 - More Details

$390,000

Own a prime investment in one of South Townsville's most vibrant locations. Positioned on Palmer Street, the city's well-known restaurant and riverside precinct, this apartment offers an easy, low-maintenance investment with a long-term lease already in place, providing guaranteed income from day one.

This is a true set-and-forget investment, offering reliable rental returns, minimal vacancy risk, and professionally managed tenancies. Palmer Street continues to grow in popularity with professionals, health workers, defence personnel and visiting corporates, making it a highly sought-after inner-city location.

With strong demand for short and long-term accommodation in the area, this property provides secure income while benefiting from Townsville's growing property market.


Key Investment Benefits
Guaranteed income
Long-term lease options extending to 2032
Rental Income $2,433.60 Per Month

Outgoings
Body Corporate: Approx. $10,330 Per Annum
Council Rates: Approx. $3,799.92 pa

Property features
-Dual-key apartment with strong income potential
-One-bedroom apartment featuring bathroom, laundry, kitchenette and lounge
-Separate studio apartment with bathroom, storage and kitchenette
-Both sections connected by a lockable interconnecting door
-Located on Level 3 with a north-east aspect capturing bay and marina views

Prime Location
-Positioned in the heart of the Palmer Street dining and entertainment precinct
-Walking distance to the CBD
-Walking distance to Queensland Country Bank Stadium
-Close to quality schools
-Short drive to The Strand
Type
Unit
Bedrooms
2
Bathrooms
2
Parkings
1

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