Address available on request, South Townsville, Qld 4810

$1,150,000

Unit
Type
3
Bedrooms
2
Bathrooms
2
Parkings
223 m²
Area

Published on Friday, October 02, 2026 ( See property details for Address available on request, South Townsville, Qld 4810)

$1,150,000

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

A modern, spacious waterfront unit in a prestigious South Townsville complex offering stunning harbour views and a secure DHA lease until 2028, ideal for investors seeking reliable income and premium location.

🏡 Property Highlights

  • Long-term DHA lease with excellent rental returns and rent paid in advance
  • Spacious waterfront unit with one of the largest terraces in Townsville offering stunning harbour views
  • Prime location in South Townsville, close to CBD, entertainment precincts, and Magnetic Island
  • Modern interior with split system air-conditioning, stone benchtops, and a European laundry
  • Secure complex with a pool and well-maintained communal facilities
  • Investment opportunity with guaranteed income until 2028 under DHA management

✨ Key Features

  • Swimming Pool
  • Built-in Robes
  • Air Conditioning
  • Outdoor Area
  • Ensuite
  • Open-Plan Living
  • Balcony
  • Secure Parking
  • Waterfront / Views
  • Garage / Secure Parking

South Townsville is a vibrant and highly sought-after suburb offering excellent amenities, proximity to the CBD, and stunning harbour views. Key features include easy access to entertainment precincts, waterfront lifestyle, and strong rental demand. The area boasts a mix of modern apartments and historic charm, making it ideal for both investors and residents. Local attractions include Queensland Country Bank Stadium, The Ville Resort and Casino, and quick ferry access to Magnetic Island. The community is lively, with a range of dining, shopping, and recreational options, all within walking distance.

What are the benefits of investing in a DHA lease property?
Investing in a DHA lease property provides guaranteed rental income, property management and maintenance services, and a secure lease agreement until 2028, making it a reliable and low-maintenance investment option.
How does the DHA lease arrangement affect the property's management?
DHA manages the property throughout the lease term, including repairs, emergency repairs, and rent reviews, ensuring the property is well-maintained and tenants are managed professionally.
What is the current rental income and management fee?
The property currently achieves $750 per week net after management fees, with rent paid in advance under the DHA lease agreement.
Are there any restrictions on the use of the property during the lease?
The lease agreement specifies the terms of occupancy, but generally, the property is used as a long-term rental for DHA-approved tenants, with restrictions outlined in the lease terms.
What maintenance responsibilities does DHA cover?
DHA provides property management, repair and maintenance, emergency repairs, and lease-end make-good services, ensuring the property remains in good condition throughout the lease.
Are there any upcoming developments or planning applications in the area that could affect the property's value or living environment? What are the strata or body corporate fees and regulations for this complex? Are there any restrictions or easements on the property that could impact future renovations or use? Has the property been inspected for any structural or pest issues? What are the specific terms of the DHA lease, including any potential lease-end obligations or conditions? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any planned changes or upgrades to the complex facilities, such as the pool or common areas? What are the total ongoing costs associated with owning this property, including council rates and strata fees? Is the property compliant with all local building codes and regulations? Are there any restrictions on property modifications or renovations during the lease term?

Address available on request, South Townsville, Qld 4810 - More Details

$1,150,000

Planning your retirement into a prestige unit complex? Well look no further than this. The unit is positioned in one of Townsville's prestigious unit complexes and is in the heart of the city. Located in South Townsville you are only 2 minutes drive away from Townsville's CBD and just walking distance to some of the best bars and restaurants Townsville has to offer. You are only a moments walk to Queensland Country Bank Stadium, Flinders Street Townsville's premier night precinct, The Ferry terminal as you are only a 20 minute boat ride to Magnetic Island and moments to the The Ville Resort and Casino which is currently adding to their size with the $88mil Ardo Hotel and Leisure Complex next door.

This water front unit has one of the largest terraces ever seen in a unit in Townsville and has stunning views down the harbour entry. The Master bedroom has sliding door access straight onto the patio to capture the brisk Northern Breezes. The master has a walk-through wardrobe into the ensuite with a walk-in shower. The bedrooms are all carpeted, with built-in wardrobes and carpeted and all feature split system air-conditioning.

The living spaces are tiled with a European laundry, and main bathroom featuring separate bath and shower. The kitchen is spacious is size and feature stone benchtops, electric oven and cooktop, microwave hutch and a large island bench with plenty of storage.

With a current long term DHA lease achieving excellent rental returns with rent paid in
advance, this property is perfect for any investor and rent is paid no matter if there is a current tenant in there or not. 3 bedroom, 2 bathroom and
accommodation for 2 cars, currently achieves $750 per week net management fees.

DHA will throughout the term of the agreement, look after the property by providing "DHA
property care" which consists of:
• Property Management Service
• Repair and Maintenance
• Emergency Repair
• The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement)
• Market Rent Review - Done Yearly in December

Come and discover all the benefits to investing in a DHA property.
• Lease edition 6B
• Lease commenced 22/08/2013 and ends on 21/08/2028
• $750 per week net after management fees

Property Features:
• Amazing complex
• 3 bedrooms with built in wardrobes and split system air-conditioning
• Ensuite to master bedroom
• Open planned living and dining space
• Huge Terrace
• Pool in Complex

Disclaimer: This property is for sale on behalf of a Defence Housing Australia lessor and has a Defence housing Australia lease in place.
Type
Unit
Bedrooms
3
Bathrooms
2
Parkings
2
Area
223 m²

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