OFF MARKET

4 Palmerston Street
Pimlico QLD 4812

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
Land area: 809m2
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Last updated 11 Nov 2024
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Property Details for 4 Palmerston St, Pimlico

4 Palmerston St, Pimlico is a 8 bedroom, 4 bathroom Unit with 4 parking spaces. The property has a land size of 809m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
Unit
Land Size
809m2
Local Government
Townsville City
Lot/Plan
179/RP703501

Last Listing description (June 2022)

Inspect today! If you are in the market for a solid investment this property needs to be at the top of your list, configured into 4 x 2 bedroom units, all with 1 bathroom and 1 carport and are of an open plan design. Recently having the roof replaced and major plumbing works complete you can purchase this property with peace of mind.

Property Features Include:

- 4 x 2 Bedroom units

- 4 x 1 Bathrooms
- Open plan in design
- 4 x Single carports
- Solid block construction
- New Colourbond roof
- Upgraded sewage lines
- Low maintenance complex

Current Rental Income: $260 P/W Each
Current Market Rental Estimate: $280 P/W Each

3 Units are currently in fixed term lease agreements and the 4th is vacant for the purpose of the sale.

To inspect this property or to find out more contact Gavin Micola today on 0407 159 314.

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Property History for 4 Palmerston St, Pimlico, QLD 4812

A timeline of how this property has performed in the market
Last Sold
$799,000
03 May 2022
Listed for Rent
$260/w
08 Feb 2022
  • 03 May 2022
    Sold for $799,000
  • 01 Apr 2022
    Listed for Sale $799,000
  • 08 Feb 2022
    Listed for Rent $260 / 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.
There are currently 9 properties listed for sale, and 8 properties listed for rent in Pimlico on OnTheHouse. According to CoreLogic's data, 92 properties were sold in the past 12 months in Pimlico.

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