2/18 Cavendish StreetPimlico QLD 4812
Property Details for 2/18 Cavendish St, Pimlico
2/18 Cavendish St, Pimlico is a 2 bedroom, 1 bathroom Unit with 2 parking spaces.
Last Listing description (July 2023)
This perfectly positioned 2 bedroom unit is located in the super popular, city fringe suburb of Pimlico. It's walking distance to Mater Hospital, public transport & is just minutes to the CBD.
Features include:
- 2 good sized bedrooms
- Functional kitchen with plenty of cupboard space.
- Large open plan living area.
- Security screens throughout.
- Tiles floors throughout.
- Low body corporate fees.
- Covered Carport parking space.
- Very well maintained & tidy complex.
Located in a complex of only six, this property provides convenience & privacy.
If you are looking for a tidy, low maintenance investment, this property would be perfect with a 9% gross yield (currently rented to a long term tenant for $300 per week) buy it with nothing to do & start receiving rent right away!
Disclaimer: While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies and we accept no liability for any errors or exclusions (including but not limited to a property's land size, floor plans and building age). Accordingly all interested parties should make their own enquiries and obtain their own legal advice.
Property History for 2/18 Cavendish St, Pimlico, QLD 4812
- 28 Jun 2023Listed for Sale High $100,000's
- 30 Jun 2022Listed for Rent $300 / week
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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.
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