1/27 Kitchener Rd, Pimlico is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 112m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in January 2015.
Now with interest rates at an all-time low there has been a no better time to break into the Townsville property market. Whether you want to snap out of the rental cycle and move straight in or you might want to start up your own property portfolio this unit at 1/27 Kitchener Road ticks all the boxes.
The unit itself is in a small complex of 4 and is located to perfection in a quiet street with only a few hundred metres to stroll down to the Castletown Shopping Centre as well as schools and public transport. One sneak peek and it's going to be hard not to resist. The previous owners have left the property as neat as a pin and with a fresh coat paint throughout. There is air-conditioning throughout and even an undercover carport plus some lawn area if you want to have a BBQ at the end of the day.
Make no mistake, currently the old owners are looking to finalize things as they have already purchased elsewhere and they are ready to take the final steps after so many happy years living in this complex.
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:
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