Lot 30/30-34 Palmer Street, Townsville QLD 4810

Townsville is home to Australia’s largest Army base, leading education providers, world-class events, a busy international port, cutting edge health facilities, and two World Heritage Areas; Great Barrier Reef and the Wet Tropics World Heritage area.
Two bedroom twin key layout, with private balconies with views overlooking the marina or the resort-style swimming pool.

Two bedroom twin key apartment, can also be offered as one bedroom and interconnecting studio. With both kitchenette and fully equipped main kitchen the property offers versatility and can accommodate guest as two separate apartments.
Full ensuite and main bathroom, light open living areas and two outdoor balconies all overlooking the harbour.


Boasting a sizeable 99m2 including balconies plus car park on title, and only a mere 500m2 to main shopping precinct, restaurants and cafes.

Current Rent: $515 pw - $26,783 pa.
Rent Return: 8.36% Gross / 5.86% Net:
Lease to: July 2024 - with 3 x 5 yr options.
Next Market Review in July 2024


**Net returns do not include government taxes**

Approximate Owner Outgoings:

Council Rates: $3200.00 pa
Water Rates: Included in council rates
Body Corporate Admin Fee: $2664.00 pa
Body Corporate Sinking Fund: $2159.00 pa



Should you require any further information please don't hesitate to contact me via return email or the contact numbers below.

Disclaimer. The information provided herein, and any further information supplied, is provided by way of example only. It is intended as general information only and is not to be construed as investment, legal or taxation advice. Potential investors are encouraged to seek the advice of their legal, financial and other advisors prior to investing, so as to determine whether this type of investment is suitable for their specific needs.
The information contained has been provided to me by the vendors or third parties. Potential purchasers are advised to conduct independent due diligence to ensure its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make and rely upon their own inquiries in order to determine whether or not this information is in fact accurate.