18/30 Palmer Street, South Townsville, QLD, 4810

Prime Location Investment

Unit
Type
2
Bedrooms
2
Bathrooms
1
Parkings

Last updated on Tuesday, March 17, 2026 ( See property details for 18/30 Palmer Street, South Townsville, QLD, 4810)

$390,000

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

🏡 Property Highlights

  • Dual-key apartment with strong income potential
  • Long-term lease extending to 2032 ensuring guaranteed income
  • Prime location in the vibrant Palmer Street dining and entertainment precinct
  • North-east aspect with bay and marina views from Level 3
  • Low-maintenance investment with professionally managed tenancies
  • Close proximity to CBD, Queensland Country Bank Stadium, and The Strand

✨ 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)
  • Internal Laundry
  • Ceiling Fans

South Townsville is a thriving inner-city suburb renowned for its vibrant dining and entertainment precinct along Palmer Street. It offers excellent walkability to the CBD, Queensland Country Bank Stadium, and the scenic Strand. The area is highly sought after by professionals, health workers, and corporate visitors, making it an ideal location for both lifestyle and investment. With ongoing growth and strong demand for rental accommodation, South Townsville presents a compelling opportunity for investors seeking reliable returns in a dynamic community.

What are the rental income prospects for this dual-key apartment?
The property offers a guaranteed rental income of approximately $2,433.60 per month, with long-term lease options extending to 2032, providing reliable and consistent returns.
Is the property suitable for short-term or long-term tenants?
The dual-key configuration and prime location make it ideal for both short-term and long-term tenants, including professionals, visitors, and corporate clients.
What amenities are available within the apartment?
The apartment features a bathroom, laundry, kitchenette, and lounge in the one-bedroom section, with a separate studio that includes a bathroom, storage, and kitchenette.
What views does the property offer?
Located on Level 3, the apartment captures north-east bay and marina views, enhancing its appeal and lifestyle benefits.
Is the property management included in the purchase?
Yes, the property is professionally managed, ensuring minimal maintenance and hassle-free investment.
Are there any upcoming planned developments or zoning changes in the area that could affect the property's value or rental demand? What are the total ongoing costs, including strata fees, council rates, and other levies, and are there any special assessments planned? Are there any restrictions or covenants associated with the dual-key configuration or building? Has the property been inspected for structural issues, pests, or other defects? Are there any easements, encumbrances, or access rights affecting the property? What is the history of the property's occupancy and rental performance? Are there any planned upgrades or renovations scheduled for the building or common areas? Is the property compliant with all relevant building codes and safety standards? What are the noise levels and neighbour conditions in the vicinity? Are there any flood or bushfire risks specific to this property or area?

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

Prime Location Investment

Type
Unit
Bedrooms
2
Bathrooms
2
Parkings
1

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