22 Palmerston StreetPimlico QLD 4812
Property Details for 22 Palmerston St, Pimlico
22 Palmerston St, Pimlico is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 541m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in May 2016.
Last Listing description (August 2016)
This Pimlico location is always a favourite both with investors or owner occupiers.
Carports, rear patios & separate yard to name a few of the benefits of this upgraded duplex.
Large, covered front carports provide a second covered car space to both these properties.
All kept cool by new split system air conditioning units.
Side access allows entry to a totally private yard, the new, rear, covered patio provides a wonderful entertaining area.
Unit 1 is in original condition, a mirror image of unit 2. The property presents well with carpets in the main living and timber look lino in both bedrooms.
The galley kitchen is in the same space as unit 2 and looks out over the yard.
Upgraded with both split systems and fans, the current tenant is happy to stay.
The bathroom again is the same area as unit two just in original condition.
The same, new, large covered patio provides an entertaining area with the added bonus of a large garden lawn locker.
A private yard has side access the same as unit 2.
Pimlico Location
A central location with the added bonus of a small group of shops a short distance away.
Excellent schooling options, public transport, major shopping complexes within 5 min drive.
INVESTOR RETURNS
This duplex is currently fully tenanted and returning $525 per week. Both tenants are happy to stay and sign leases. The current owner has periodical leases in place due to sale.
One title and one rates notice for this property.
BOTH PROPERTIES HAVE
New roof with extensive insulation
New electrics - NBN
New plumbing
Both units fully air conditioned with split systems, 6 in total
New stoves and new hot water systems in both units.
Fans throughout
Both unit have side access to private yards.
New covered rear patios
New carport and 2nd parking space
Fenced private yards
UNIT 2
Full high end renovation on unit 2
Stunning tiles, kitchen & bathroom
Two bedrooms, built-ins.
Crimsafe, NBN
UNIT 1
Original unit, carpet to living
Timber look lino to bedrooms
Mirror image of unit 2
Galley kitchen - new stove - new hot water system
Large garden shed in the yard of unit 1
Property History for 22 Palmerston St, Pimlico, QLD 4812
- 20 May 2016Sold for $330,000
- 25 Feb 2016Listed for Sale $335,000
- 14 Oct 2015Listed 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 1,613 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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