59 Kings RoadPimlico QLD 4812
Property Details for 59 Kings Rd, Pimlico
59 Kings Rd, Pimlico is a 3 bedroom, 1 bathroom House and was built in 1930. The property has a land size of 1012m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
Last Listing description (February 2024)
This home set on a 1012 sqm block and only a stone's throw distance to Castle Town Shopping Centre could entice an astute buyer looking to re-zone this into medium-density residential homes subject to Council Approvals.as it is currently defined as a Residential Mix (Zoned Mixed 7000). This 1930 home is situated on a very busy thoroughfare, which makes it ideal to convert the usage. Currently, a residential home features:
* Polish floored living area with high ceiling
* Functional kitchen with storage room
* Two bathrooms
* This 107.60 has a tenant on a periodical tenancy
* Room at the rear of the property to start construction
* Rear access staircase
* Fully fenced 1012 sqm block
With residential homes in short supply and with large projects envisaged in Townsville rental investment is the way to go. To view the home please call Girish Menon at 0414 985 243 or email girish.menon@elderstsv.com.au
Property History for 59 Kings Rd, Pimlico, QLD 4812
- 10 Oct 2023Sold for $360,000
- 15 Apr 2023Listed for Sale $460,000
- 18 Aug 2009Sold for $415,000
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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 59.94% increase in median value, while Units have seen a 55.95% increase. As at 30 September 2024:
- The median value for Houses in Pimlico is $484,625 while the median value for Units is $287,653.
- Houses have a median rent of $460 while Units have a median rent of $350.
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