10/51-55 Palmer Street, South Townsville, Qld 4810

What a wonderful inner city investment - A Dual Key apartment located in the heart of Townsville City, overlooking the glistening waters of Ross Creek where you can see right out to where the river meets the ocean.  Walking on Palmer Street takes you to an array of restaurants, cafes and then to the city centre.   Watching the boats in and out of the yacht club is a wonderful way to spend your time. 

This apartment can be lived in or rented through the onsite property managers or a real estate business of your choice. Explore Property Munro & Co have been managing this property most recently.  Unit 10 & 10A are linked or locked with an internal door : this property can be split into two separate entities which would increase your rental returns.   This property is completely unfurnished.

We have Body Corporate Information, Community Management Scheme (rules to the complex), Townsville City Council Rates, Rental Appraisals and lots of additional information. We are here to help you understand this property. 

Unit 10 :
• Fully functioning kitchen - electrical oven and rangehood
• Tiled throughout the dining, kitchen and living areas + the balcony
• Carpeted generous size bedroom - separate to living space - built in cupboards
• Shower over bathtub in the bathroom
• Laundry plumbing is located in the bathroom
• Double doors slide open to the tiled balcony

Unit 10A : 
• Carpeted throughout the studio living / sleeping / dining area
• Double doors slide open to the tiled balcony
• Cabinetry suitable for a bar fridge 
• Bathroom has a shower over bath

Body Corporate Fees

Admin Fund: $16,190.02 pa

Sinking Fund: $1,628.36 pa

TOTAL: $17,818.38 pa

20% discount applies if paid by the due date - $14,254.71 pa

Rates

$ 3,299.90 pa (if paid by due date)

Rental Appraisal

Permanent $430- $460 per week

Holiday let - $1,100 - $1,200 per week


Julie Munro and Craig Allom are so proud to present this property to the marketplace.  This property is currently vacant.   Jools and Craig work seven days a week. Please call us to book your inspections.