13/51-55 Palmer Street
South Townsville, QLD 4810

Overview

Dual-Key Living & Income - Palmer Street Precinct

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.

Location