FOR SALE
Offer's over $269,000

3/11 Derby Street
Pimlico QLD 4812

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Investors and First Home Buyers take note!

This property is sure to tick all the boxes. The combination of the great location, size and being in a good condition makes this property well worth a look. With the current tenant on a periodic lease, you can choose to move in or add this one to your property portfolio with a current return of $370 per week.
Located in the heart of Pimlico, this property scream’s location, location, being within walking distance of the Mater Hospital and St Margaret Marys College. Add to that, you are only moments away from shops, restaurants and all that Townsville has to offer.
Situated at the front of the complex that only contains six units, this fully airconditioned (with new air conditioners) property offers two carpeted and built in bedrooms, a modern bathroom, a u-shaped kitchen gives plenty of space to cook up a storm! The living areas are tiled and are fully security screened for peace of mind. Your parking space is directly underneath the front stairs, and you also have a lockable storage room for added storage.
Investors note: Body Corporate and Insurance Fees are Approx $3481.80 per annum.
Please note - All parties should make and rely upon their own enquiries in order to determine the accuracy of the information supplied. Please rely on your own inspection and investigations as the property may have changed since the photographs were taken. Nxt Gen Property bears no liability for any loss sustained due to inaccuracy or omission.
Property Code: 3242

Property Details for 3/11 Derby St, Pimlico

3/11 Derby St, Pimlico is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The place is currently for sale with Nxtgen Property.

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About Pimlico 4812

The size of Pimlico is approximately 1.2 square kilometres. It has 5 parks covering nearly 6.2% of total area. The population of Pimlico in 2011 was 2,599 people. By 2016 the population was 2,454 showing a population decline of 5.6% in the area during that time. The predominant age group in Pimlico is 20-29 years. Households in Pimlico are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Pimlico work in a professional occupation. In 2011, 38.5% of the homes in Pimlico were owner-occupied compared with 39.7% in 2016.

Pimlico has 1,616 properties. Over the last 5 years, Houses in Pimlico have seen a 55.71% increase in median value, while Units have seen a 47.72% increase. As at 31 August 2024:

  • The median value for Houses in Pimlico is $471,317 while the median value for Units is $280,812.
  • Houses have a median rent of $450 while Units have a median rent of $350.
There are currently 7 properties listed for sale, and 5 properties listed for rent in Pimlico on OnTheHouse. According to CoreLogic's data, 98 properties were sold in the past 12 months in Pimlico.

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