4/53-55 Kings Rd, Pimlico is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 113m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
Spacious, well-designed and popular locale - this property has all the attributes for comfortable, convenient unit living. An end unit in a secure complex this lowset 2-bedroom property features 2 living areas both with access to the L-shaped courtyard. The generous well-designed kitchen is the centre point of the unit offering easy access to both living spaces. Practical in design and perfect for entertaining.
The location of this property offers a variety of amenities and lifestyle choices. Walking distance to Castletown Shopping Centre, The Lakes and the Hyde Park Centre, just a short drive to the city, The Strand and minutes from quality schools, childcare and medical services.
For the investor this property has an expected rental return of between $350 - $380 per week.
Property Features:
Security access to complex
Lap pool in complex for residents use
Air conditioned throughout
Tiled living area
Spacious kitchen with granite benchtops and pantry
Carpeted separate lounge
BIR to both bedrooms
Generous bathroom/laundry combination
Sliding glass door access from living areas to the paved L-shaped courtyard
Single car accommodation
Lockable storeroom
Location:
Walking distance to Castletown Shopping Centre, Hyde Park Centre, the Lakes, coffee shop and gym
Close to a choice of quality schools, childcare, medical services, and recreational choices
Short drive to the city and the Strand
*Virtual Furniture used for marketing purposes.
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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