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5/5 Kingsway Place, Townsville City$449,000
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5/5 Kingsway Place

Townsville City, QLD 4810, Australia
$449,000
2 bed 2 bath 1 car102 m²

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About this property

Situated in the immaculately positioned Central Precinct in the heart of Townsville City, the Paddington building is a stylish, apartment complex offering the ultimate in low-maintenance living! This delightful two-bedroom residence is conveniently located on the cusp of the CBD with the wonders of Palmer and Flinders Street right at your doorstep, as well as a whirlwind of award-winning restaurants, cafes, a cinema, and boutique shopping all within walking distance. Whether your weekend calls for an afternoon stroll along the river, a night cheering on the Cowboys at the Queensland Country Bank Stadium or a weekend spent beachside at The Strand, with a location like this, you will find you are simply spoilt for choice! The unit offers versatility with the option to live in one side and make income off the other, rent them both out long term or short term (Onsite management offering $2,500 guaranteed per month with no commissions or letting fees with CPI increases and they will cover 5A boasts an expansive, open plan living space that maximises the flow onto the balcony, providing views toward castle hill. You have a well appointed kitchen with plenty of bench space and electric oven and cooktop. The bathroom has a walk-in shower and European laundry with bifold doors. and the master bedroom boasting mirrored built-in wardrobe and plenty of natural light. 5B Boasts a large bathroom with walk-in shower, a versatile floorspace and is quite large for a typical studio apartment with spacious balcony Perfect for a student or professional couple, this home also presents an incredible opportunity for the budding investor to add a great property to your portfolio with a clean rental return, very reasonable body corporate rates and with the option to utilise the fantastic on-site management team to look after your property. Central and low maintenance, this home has nothing left to do other than pack the car and move on in! Don't delay- contact Jabyn to secure your inspection, today! Property Features - Dual Key Units - One Full 1 Bedroom Unit and One Studio - Well Appointed - Carpeted In Bedrooms - Air-Conditioned Throughout - Live In One and Let The Other, Put Them Both in The Holiday Letting - Secure Parking and Storage Cage - Swimming Pool In Complex - Short Walk To The Queensland Country Bank Stadium - Sold Fully Furnished Disclaimer: Ray White Townsville has prepared this information using every endeavour to ensure that the information given is true and accurate but accepts no responsibility or liability in respect of any errors, omissions or inaccuracies that may occur. All prospective purchasers should endeavour to make their own enquiries to verify the accuracy of the information provided.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
2
Parking
1
Land Area
102 m²
Listed
1 month ago

Repayment calculator

$2,177/month
$1,088 /fortnight
Loan $359,200 at 6.10% over 30 years

Upfront costs

Deposit$89,800
Stamp duty$14,140
Conveyancing (est.)$2,000
Total upfront$105,940
Verify with QLD revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Townsville City

This 2-bedroom apartment in Townsville City, QLD 4810 sits within reach of public transport, local shops local amenities. It is listed 29% below the $629,000 median of 72 comparable apartmentswithin 5 km.

What's nearby

  • Knapp Street (bus)190 m away
  • Regional Manufacturing Jewellers147 m away
  • Reid Park410 m away
  • V8 Island Park551 m away
  • Ross Creek Park617 m away

Townsville City at a glance

Full suburb profile
Population
2,945
Median age
39
Household income
$2,013/wk
Median rent
$390/wk
Median mortgage
$1,663/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Townsville City price trend

Median sold · Unit 2 bed

Compound growth +10.6% / yr over 4 yrs

$530kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Townsville City market

Within 5km

Nearby Properties

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