20 Palmerston StreetPimlico QLD 4812
Property Details for 20 Palmerston St, Pimlico
20 Palmerston St, Pimlico is a 4 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 534m2. While the property is not currently for sale or for rent, it was last sold in July 2013.
Last Listing description (July 2018)
Expand your property portfolio with this gem. Set in an ultra-convenient location close to schools, shops and parks this duplex is a must have for the astute investor. Featuring 2 units, each comprising 2 bedrooms, 1 bathroom, lounge and dining area, kitchen & a single carport, with lawn locker at the rear. All set on one title covering 534 sq m, so you only have one set of rates and no exorbitant body corporate fees! Plus the property is tenanted and provides a combined current return of $340 per week, with potential for increase. So all you have to do is sit back and watch the money roll in!
* 2 x 2 bedroom duplex with a rental return of $340/week combined - potential for more!
* Large lounge and dining combined with functional kitchens
* Single carport for each unit
* Lawn locker at the rear
* Fully fenced 535sq m allotment with plenty of room around each dwelling
Investment opportunities like this are highly sought after, yet rarely found - so be quick!
Property History for 20 Palmerston St, Pimlico, QLD 4812
- 29 Jul 2013Sold for $295,000
- 10 Jul 2013Listed for Sale AUCTION
- 23 Feb 2004Sold for $200,000
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0About 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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