13/51-55 Palmer Street, South Townsville, QLD 4810
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Offers Over $389,000
13/51-55 Palmer Street, South Townsville, QLD 4810
2
2
120m²
120m²
•
unit - unit
Property Description
Listed on 21 Apr 2026
This exceptional dual-key residence presents a rare blend of lifestyle and investment appeal, thoughtfully configured as two private units linked by a shared foyer. Its flexible layout is ideal for multi-generational living, a live-and-lease arrangement, or dual rental income streams, giving owners multiple options and peace of mind. The principal apartment is a comfortable sanctuary, featuring a well-appointed kitchen, a bright living room, a spacious bathroom and a separate bedroom - all flowing to a private balcony that looks directly over the marina. Imagine morning coffee with water views or evenings watching boats glide by - small daily moments that elevate the living experience. The studio is an efficient, light-filled space with an open-plan bedroom/living area and a generous bathroom, perfect for short-term guests, a long-term tenant, or a private creative workspace. Both units are currently leased to Park Regis, providing secure, guaranteed income from day one - a compelling advantage for investors seeking immediate, reliable returns. The property's dual-key format also creates long-term flexibility and resilience: occupy one unit while earning from the other, or adapt the layout as your needs evolve. Location enhances the emotional and practical appeal. Nestled in South Townsville, this address places you in the heart of the celebrated Palmer Street restaurant precinct - a lively strip of boutique cafes, acclaimed dining options and inviting alfresco venues. Stroll to waterfront promenades, enjoy weekend markets, or take scenic walks along the Strand; everything that makes coastal city living so desirable is within easy reach. Convenience is genuine here: local shops, public transport, medical services and schools are close by, while Townsville CBD and essential connections are a short drive away. This dual-key opportunity is more than a property - it's a lifestyle gateway and a smart, emotionally rewarding investment. Combining contemporary style, versatile living arrangements, breathtaking views and guaranteed rental income in a premier riverside setting, it stands out as a rare and compelling offering for owner-occupiers and investors alike.
Property history
A breakdown of how regularly this property entered and exited the market for sale or lease.
$410,000
Offers Over $389,000
Median unit price trends
Comparing the price trend of units in South Townsville against the state of Queensland over the last 4 years. Source: CoreLogic
Comparable properties
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Market activity
A snapshot of how quickly properties are selling in the area and how many are currently available.
20 Days
House median days on market
20 Days
Unit median days on market
113 Properties
Sold in last 12 months
21 Properties
Available in the last month
South Townsville residents
Key characteristics of the residents in the area, view the full breakdown of the suburb here.
60+
Is the most common age range
Renters
Most common occupant type
Other
Most common household profile
Professionals
Most common occupation
Detached Houses
Most common property type
Nearby education
Schooling and educational options in the area, for all ages.
Townsville South State School
K - Yr 6
Government
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South Townsville
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Townsville
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Queensland
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Median House: $606,143
Median Unit: $415,148
Median House: $528,322
Median Unit: $614,368
Median House: $876,047
Median Unit: $633,696
Frequently asked questions
13/51-55 Palmer Street is a Unit built in 2006 in South Townsville, Queensland. Review photos and floor plans for more detail on the construction and condition of the property.
The property at 13/51-55 Palmer Street includes 2 bedrooms, 2 bathrooms and no assigned parking spaces.
13/51-55 Palmer Street in South Townsville has a land size of approximately 120 square metres and an internal floor area of around 120 square metres.
13/51-55 Palmer Street in South Townsville, Queensland includes a range of local schools, shops, public transport options and community facilities that support day to day living.
As of 4/1/2026, the property at 13/51-55 Palmer Street is recorded as sold.
