5/5 Kingsway Place, Townsville City, Qld 4810

$450,000

Unit
Type
2
Bedrooms
2
Bathrooms
1
Parkings
102 m²
Area

Last updated on Monday, July 06, 2026 ( See property details for 5/5 Kingsway Place, Townsville City, Qld 4810)

$450,000

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

Stylish dual key apartment in the heart of Townsville with modern amenities, excellent investment potential, and prime CBD location.

🏡 Property Highlights

  • Dual Key Units offering versatile living and income options
  • Immaculately positioned in the heart of Townsville City’s Central Precinct
  • Fully furnished with modern amenities and secure parking
  • Access to complex amenities including a swimming pool
  • Proximity to CBD, entertainment, dining, and outdoor attractions
  • Guaranteed rental income with onsite management

✨ Key Features

  • Swimming Pool
  • Garage / Secure Parking
  • Air Conditioning
  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area / Balcony
  • Security Screens / Gates
  • Fly Screens
  • Internal Laundry
  • Waterfront / Views

Townsville City offers vibrant urban living with easy access to entertainment, dining, and outdoor attractions. The Central Precinct is renowned for its convenience, proximity to the CBD, and lifestyle amenities. Residents enjoy walkability to cafes, restaurants, and the Queensland Country Bank Stadium. The area features modern apartment complexes with excellent facilities, making it ideal for professionals and investors alike. With a lively community atmosphere and scenic river views, Townsville City is a highly sought-after location for contemporary living.

What are the rental income prospects for this dual key property?
The property offers a guaranteed rental income of $2,500 per month through onsite management, with options for short-term or long-term leasing.
Is the property suitable for short-term holiday rentals?
Yes, the dual key configuration and fully furnished setup make it ideal for holiday letting, providing flexibility to maximise rental returns.
What amenities are available within the complex?
The complex features a swimming pool, secure parking, and a storage cage, offering convenience and leisure for residents.
How close is the property to local attractions and transport?
The property is within walking distance to the CBD, Queensland Country Bank Stadium, cafes, restaurants, and outdoor attractions like The Strand and river walks.
What are the body corporate fees and ongoing costs?
The property has reasonable body corporate rates, with detailed costs available upon inquiry, ensuring low-maintenance living.
Are there any upcoming planned developments or zoning changes in the area that could affect property value? What are the total strata or body corporate fees, and are there any special levies planned? Are there any restrictions or covenants on the property that could limit future modifications? Has the property been inspected for structural issues or pests? Are there any known issues with noise, neighbours, or local construction activities nearby? Is the property compliant with all building and safety regulations? What are the flood or bushfire risks associated with this location? Are there any easements or access restrictions affecting the property? What are the long-term plans for the surrounding area that could impact the property’s value? Are there any ongoing or upcoming maintenance costs for the complex amenities?

5/5 Kingsway Place, Townsville City, Qld 4810 - More Details

$450,000

Situated in the immaculately positioned Central Precinct in the heart of Townsville City, the Paddington building is a stylish, apartment complex offering the ultimate in low-maintenance living! This delightful two-bedroom residence is conveniently located on the cusp of the CBD with the wonders of Palmer and Flinders Street right at your doorstep, as well as a whirlwind of award-winning restaurants, cafes, a cinema, and boutique shopping all within walking distance. Whether your weekend calls for an afternoon stroll along the river, a night cheering on the Cowboys at the Queensland Country Bank Stadium or a weekend spent beachside at The Strand, with a location like this, you will find you are simply spoilt for choice!

The unit offers versatility with the option to live in one side and make income off the other, rent them both out long term or short term (Onsite management offering $2,500 guaranteed per month with no commissions or letting fees with CPI increases and they will cover

5A boasts an expansive, open plan living space that maximises the flow onto the balcony, providing views toward castle hill. You have a well appointed kitchen with plenty of bench space and electric oven and cooktop. The bathroom has a walk-in shower and European laundry with bifold doors. and the master bedroom boasting mirrored built-in wardrobe and plenty of natural light.

5B Boasts a large bathroom with walk-in shower, a versatile floorspace and is quite large for a typical studio apartment with spacious balcony

Perfect for a student or professional couple, this home also presents an incredible opportunity for the budding investor to add a great property to your portfolio with a clean rental return, very reasonable body corporate rates and with the option to utilise the fantastic on-site management team to look after your property. Central and low maintenance, this home has nothing left to do other than pack the car and move on in! Don't delay- contact Jabyn to secure your inspection, today!

Property Features
- Dual Key Units - One Full 1 Bedroom Unit and One Studio
- Well Appointed - Carpeted In Bedrooms
- Air-Conditioned Throughout
- Live In One and Let The Other, Put Them Both in The Holiday Letting
- Secure Parking and Storage Cage
- Swimming Pool In Complex
- Short Walk To The Queensland Country Bank Stadium
- Sold Fully Furnished

Disclaimer: Ray White Townsville has prepared this information using every endeavour to ensure that the information given is true and accurate but accepts no responsibility or liability in respect of any errors, omissions or inaccuracies that may occur. All prospective purchasers should endeavour to make their own enquiries to verify the accuracy of the information provided.
Type
Unit
Bedrooms
2
Bathrooms
2
Parkings
1
Area
102 m²
House Size

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