3, 30-34 Palmer Street, South Townsville

$595,000

2 2 118 m2

LEASED AT $950 PER WEEK - DUAL APARTMENT with OPTIONS of being owner occupied or fully tenanted. - HUGE Investment Opportunity on Palmer Street

We are proud to list this apartment in the heart of Townsville's dining and entertainment hub, this clean fresh self contained dual key apartment has secure off street undercover parking and is complimented by well maintained grounds and tropical spa pool.

Options of being owner occupied or fully tenanted.

This Dual key access apartment can be easily tenanted as a 2 bedroom, 2 bathroom apartment or 2 seperate units (1bed,1bath per unit)

This apartment has the capability to cater for Disabled patrons and residents. Only 1 of 2 in the whole complex.


INVESTOR QUICK FACTS!

CURRENTLY LEASED AT $950 PER WEEK

Gross Return: $49400 or 8.3%!
Approximate Gross Expenses (See below for detail) : $7192.32

Approximate Gross Expenses Breakdown:
Admin Fee $575.52 per quarter
Sinking fund $472.56 per quarter
Rates $1500 approx. for 1/2 yearly


Features

Balcony
2 2 118 m2

Details

Property Type Residential
Category House
Land Area 118 m2
Floor Area 82 m2

Tools

Share This Property

Agent Details

Get Directions

What our clients say