OFF MARKET

4 Derby Street
Pimlico QLD 4812

Bedrooms: 12
Bathrooms: 6
Car spaces: 6
Land area: 1012m2
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Property Details for 4 Derby St, Pimlico

4 Derby St, Pimlico is a 12 bedroom, 6 bathroom Unit with 6 parking spaces. The property has a land size of 1012m2. While the property is not currently for sale or for rent, it was last sold in January 2020.

Building Type
Unit
Land Size
1012m2
Local Government
Townsville City
Lot/Plan
1/RP711485

Last Listing description (July 2020)

6 X 2 BEDROOMS - 1 BATHROOM - 1 CAR

The astute investor will recognise the opportunity to invest in this very central location, all currently rented to give an immediate return. Positioned on a 1012m2 allotment, these well maintained blocks, constructed of red cavity brick, consist of 3 units in each building (6 units in total). Each unit offers 2 bedrooms with built-in wardrobes, master bedroom with split system air conditioning, renovated bathrooms and separate toilets. Spilt system open plan living and dining, all with good, modern kitchens, internal laundries, fans, screens and covered carport car accommodation.

Central to everything, close to The Mater Hospital and Castletown Shopping Complex, with bus services close by.

2 x red cavity brick, low maintenance blocks in sets of 3 units each, facing each other on a 1012m2 allotment (6 units in total)
2 bedrooms with built-ins, master has split system air conditioning
Renovated bathrooms with convenient separate toilet
Split system open plan living and dining areas
Good, modern, neat and tidy kitchens
Internal laundry, ceiling fans, screens and covered carport car accommodation
Central to everything, close to The Mater Hospital and Castletown Shopping Complex, with bus services close by
All currently rented to give an immediate return
Great investment opportunity - priced to sell

A GREAT INVESTMENT TO SECURE YOUR FUTURE

Property History for 4 Derby St, Pimlico, QLD 4812

A timeline of how this property has performed in the market
Last Sold
$480,000
19 Jan 2020
Listed for Rent
$160/w
08 Mar 2016
  • 01 Feb 2023
    Listed for Rent - Price not available
  • 19 Jan 2020
    Sold for $480,000
  • 21 Nov 2019
    Listed for Sale $499,000 negotiable
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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 1,616 properties. Over the last 5 years, Houses in Pimlico have seen a 54.75% increase in median value, while Units have seen a 43.03% increase. As at 31 July 2024:

  • The median value for Houses in Pimlico is $466,599 while the median value for Units is $272,166.
  • Houses have a median rent of $460 while Units have a median rent of $350.
There are currently 9 properties listed for sale, and 5 properties listed for rent in Pimlico on OnTheHouse. According to CoreLogic's data, 102 properties were sold in the past 12 months in Pimlico.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.