OFF MARKET

1/1 Palmerston Street
Pimlico QLD 4812

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 86m2
Land area: 112m2
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Last updated 11 Nov 2024
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Property Details for 1/1 Palmerston St, Pimlico

1/1 Palmerston St, Pimlico is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1990. The property has a land size of 112m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in February 2009.

Building Type
Townhouse
Year Built
1990
Floor Size
86m2
Land Size
112m2
Local Government
Townsville City
Lot/Plan
1/BUP71566

Last Listing description (October 2024)

Inspection booked for 3.30 PM Wednesday October 2 - please ring or text tor register if attending 0447250222.

Centrally located a complex of 3 units, this generously sized 2 bedroom townhouse will suit an owner occupier or investor.
Leased until November 29 2024 and achieving $345 per week with scope for rental increase (current market value $380 - $400 per week) and featuring

Low Body Corporate Fees $4,997.70 per annum.

Conveniently located in a great central location and just a short drive to Castletown this unit offers an opportunity to be close to all amenities including our best private hospitals, most popular schools (Pimilco and Hermit Park State Schools) and major shopping centre, not to mention 10 minutes from the city centre.

Upstairs features two air conditioned bedrooms with built-in robes, a balcony off the main bedroom and a neat & tidy bathroom.

THE PROPERTY
- 2 spacious bedrooms with BIR
- Bedrooms upstairs & living downstairs
- Modern kitchen
- New shower in bathroom
- Open plan living/dining area
- Second toilet downstairs
- Single lock up garage
- Large bright bathroom
- Storage room/Study upstairs
- Fully air conditioned
- Security Screens throughout
- Visitor parking
- Small back courtyard with clothesline
- Only three units in the complex.
- Body corporate $4997 per annum
- Rates $1,916.20 per half year
- Rented $345 until November 2024 - current market High $300's per week

THE LOCATION
- Well regarded, convenient location
- Short drive to Castletown
- Short drive to Mater hospital
- Close to great schools
- Short drive into the City
- Short drive to the Strand
- Close to public transport

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Property History for 1/1 Palmerston St, Pimlico, QLD 4812

A timeline of how this property has performed in the market
Last Sold
$270,000
06 Feb 2009
Listed for Rent
$290/w
28 Oct 2021
  • 19 Aug 2024
    Listed for Sale $299000 Neg
  • 11 Oct 2021
    Listed for Rent $290 / week
  • 19 Nov 2013
    Listed for Rent - Price not available
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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 1,611 properties. Over the last 5 years, Houses in Pimlico have seen a 56.01% increase in median value, while Units have seen a 73.89% increase. As at 31 October 2024:

  • The median value for Houses in Pimlico is $485,969 while the median value for Units is $303,580.
  • Houses have a median rent of $478 while Units have a median rent of $350.
There are currently 9 properties listed for sale, and 8 properties listed for rent in Pimlico on OnTheHouse. According to CoreLogic's data, 95 properties were sold in the past 12 months in Pimlico.

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