OFF MARKET

63 Kings Road
Pimlico QLD 4812

Bedrooms: 10
Bathrooms: 5
Car spaces: 5
Land area: 1012m2
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Last updated 28 Oct 2024
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Property Details for 63 Kings Rd, Pimlico

63 Kings Rd, Pimlico is a 10 bedroom, 5 bathroom Unit with 5 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 March 2022.

Building Type
Unit
Land Size
1012m2
Local Government
Townsville City
Lot/Plan
21/RP703419

Last Listing description (May 2022)

Number 63 Kings Rd, Pimlico presents a block of (5) fully tenanted units. The units are selling on a single title, with the unit complex being well maintained with maintenance scheduled at regular intervals.
(All contractor information will be given to all interested parties as part of a buyer information pack).

The complex is positioned only walking distance from one of Townsville's most popular shopping centres, "Castletown Shopping Centre", which has recently had a fresh update. Plus, also within walking distance from the "Hyde Park Centre" that host one of Townsville's most popular gyms, Muscle & Fitness, Medical Centre, Mondo Espresso Bar, Garry Thyers Better Home Living and many more lifestyle shops.

These units are in a very desirable location and have no problems renting.
(All current rent information will be given to all interested parties as part of a buyer information pack).

Property Information

Block of (5) units
All units fully rented
Each unit hosts 2 bedrooms 1 bathroom 1 car
All units are identical in size and layout.
Approx. Current Rents for each unit: $240 - $260 per week.
Approx. Current total rent: $1,260.00 per week.
Approx. Council Rates (includes water): $7,226.89 a half year.
Regularly scheduled yard maintenance (Completed by contractors).
Approx. Land size: 1012 m2
Approx. Only 3.6 km / 8 minutes from the Townsville CBD.

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Property History for 63 Kings Rd, Pimlico, QLD 4812

A timeline of how this property has performed in the market
Last Sold
$820,000
28 Mar 2022
Listed for Rent
$215/w
01 Jun 2018
  • 28 Mar 2022
    Sold for $820,000
  • 21 Mar 2022
    Listed for Sale Offer Over $799,000
  • 31 Jan 2019
    Listed for Rent $230 / 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 1,613 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.
There are currently 9 properties listed for sale, and 5 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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