OFF MARKET

181 Kings Road
Pimlico QLD 4812

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 92m2
Land area: 1012m2
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Last updated 14 Oct 2024
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Property Details for 181 Kings Rd, Pimlico

181 Kings Rd, Pimlico is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1945. The property has a land size of 1012m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in April 2008.

Building Type
House
Year Built
1945
Floor Size
92m2
Land Size
1012m2
Local Government
Townsville City
Lot/Plan
665/EP1953

Last Listing description (July 2017)

This large level property is located in a popular suburb of Pimlico. The property has a current DA for 4 x 2 bedroom units.
The site is well suited for building as it has excellent access and is level.
Pimlico is a suburb that has and continues to perform well and we always get plenty of enquiries for rental stock in this area.

If you are an investor who is ready to go and has finance approved we urge you to consider this property as it presents a great opportunity and is priced to meet the market on fair terms.
The home located on the site is currently rented for $1000 per month and will help offset any holding costs during the Building Approval (BA) process.
The current owner would consider providing some assistance to the buyer should they require expert guidance in getting the BA done as the owner is a highly experienced builder now retired.

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Property History for 181 Kings Rd, Pimlico, QLD 4812

A timeline of how this property has performed in the market
Last Sold
$330,000
28 Apr 2008
Listed for Rent
$320/w
24 Aug 2013
  • 25 Apr 2018
    Listed for Sale Price Upon Application
  • 23 Apr 2015
    Listed for Sale Price Upon Application
  • 24 Aug 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 59.94% increase in median value, while Units have seen a 55.95% increase. As at 30 September 2024:

  • The median value for Houses in Pimlico is $484,625 while the median value for Units is $287,653.
  • Houses have a median rent of $460 while Units have a median rent of $350.
There are currently 7 properties listed for sale, and 8 properties listed for rent in Pimlico on OnTheHouse. According to CoreLogic's data, 93 properties were sold in the past 12 months in Pimlico.

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