Offers Over $325,000
15/30-34 Palmer Street, South Townsville QLD 4810
Apartment
221
LONG TERM INVESTMENT OPPORTUNITY FOR THE ASTUTE INVESTOR
This dual key apartment situated in a popular luxury Hotel in Townsville offers two bedrooms, 2 bathrooms, and separate twin balconies. It can be configured as a 1 bedroom 1 bathroom with full ensuite complete with lounge-dining room, full kitchen equipped with modern appliances AND separate studio apartment with bathroom, kitchenette and dining-lounge area OR a 2 bedroom 2 bathroom suite thanks to the optional interconnecting lockable door. Each area is air conditioned, has its own private balcony overlooking the resort style pool and spa as well as the marina, yacht club and the harbour with views to Magnetic Island
The dual key apartment enjoys an unbelievable position in the hub of the Palmer Street's thriving and energetic entertainment, food and tourist area of Townsville, in close proximity the Country Bank Stadium, the Magnetic Island Sea Link Ferry Wharf and barge terminals. The Ville Casino, Convention Centre, The Strand, Rockpool and Beach are mere minutes away.
This property is in the letting pool of The Grande Apartments and Aligned Corporate Residences and is ideal for the medium to long term Investor.
The gross rental from 1st August 2024 is $26,581 per annum on a five year lease with 2 further 5 year options.
Approximate outgoings current to 30th June 2024 are as follows:
Admin Fund $2,712.60 per year
Sinking Fund $2,290.20 per year
Insurance Levy $4,139.50 per year
Rates $3,230.00 (Approx) per year
This outstanding property at Unit 15, 30-34 Palmer Street, South Townsville is proudly offered for sale by Exclusive Agents, TERRY SHELLY and NQ REALTY
DISCLAIMER The information provided herein has been provided by the vendors or third parties. We do not accept any responsibility to any person for its accuracy. Potential purchasers are advised to conduct independent due diligence to ensure its accuracy. Potential investors are encouraged to seek advice from their Legal, Financial and other advisers to determine if this investment is suitable for their specific needs.
Features include: Ensuite(s),Air conditioning,Ensuite,Built in wardrobes,Furnished,Broadband internet access,Secure Parking,Swimming Pool,Balcony / Deck,Water Views,City Views
The dual key apartment enjoys an unbelievable position in the hub of the Palmer Street's thriving and energetic entertainment, food and tourist area of Townsville, in close proximity the Country Bank Stadium, the Magnetic Island Sea Link Ferry Wharf and barge terminals. The Ville Casino, Convention Centre, The Strand, Rockpool and Beach are mere minutes away.
This property is in the letting pool of The Grande Apartments and Aligned Corporate Residences and is ideal for the medium to long term Investor.
The gross rental from 1st August 2024 is $26,581 per annum on a five year lease with 2 further 5 year options.
Approximate outgoings current to 30th June 2024 are as follows:
Admin Fund $2,712.60 per year
Sinking Fund $2,290.20 per year
Insurance Levy $4,139.50 per year
Rates $3,230.00 (Approx) per year
This outstanding property at Unit 15, 30-34 Palmer Street, South Townsville is proudly offered for sale by Exclusive Agents, TERRY SHELLY and NQ REALTY
DISCLAIMER The information provided herein has been provided by the vendors or third parties. We do not accept any responsibility to any person for its accuracy. Potential purchasers are advised to conduct independent due diligence to ensure its accuracy. Potential investors are encouraged to seek advice from their Legal, Financial and other advisers to determine if this investment is suitable for their specific needs.
Features include: Ensuite(s),Air conditioning,Ensuite,Built in wardrobes,Furnished,Broadband internet access,Secure Parking,Swimming Pool,Balcony / Deck,Water Views,City Views
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Key details
Bedrooms:
2
Bathrooms:
2
Garage Spaces:
1
Property type:
Apartment
Other Details
Lot:
15
Plan Type:
SP
Plan:
122692
Legal description:
15/SP122692
Maps and area information
Block information
Legal description: 15/SP122692
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SummaryMedian sales
Average Age
42 years
Population
2,424
Listing ID: 182414148. This listing has been viewed 31 times. It was first displayed on 02/04/2024 and last updated on 01/07/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.