OFF MARKET

8A Gladstone Street
Pimlico QLD 4812

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 93m2
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Last updated 14 Oct 2024
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Property Details for 8a Gladstone St, Pimlico

8a Gladstone St, Pimlico is a 3 bedroom, 2 bathroom House. The property has a floor size of 93m2.

Building Type
House
Floor Size
93m2
Local Government
Townsville City

Last Listing description (June 2022)

(Please see our 3D tour to get a sense of what living in this house is really like).
Yes, it's true! This is a modern block house like you would find in North Shore, but its here in the inner suburbs. This house is only about ten years old. It was built in 2011, and you will find it in immaculate, move-in-ready condition. If you have been looking for an extremely low maintenance, modern, low set house in the centre of it allthis is the one!

8A Gladstone Street / 2 Cheyne Street (yes, the front of this house is on Cheyne Street) will suit buyers who want all the modern conveniences except the commute from the outer suburbs. The kitchen is open plan, and central to the two beautiful living areas. Low maintenance Australian bush plants have been well established throughout the gardens. These create a stunning backdrop, no matter what window you look out of, and they attract local wildlife.

The star of this home is the gorgeous patio, where you can always enjoy your evening meal in the shade. The current owners hope that you will continue to care for their chilli plants and other edibles that you can find throughout the gardens.

All three bedrooms feature built in wardrobes, air-conditioning, and beautiful views of the gardens. The master bedroom has a walk-in wardrobe, as well as a private ensuite. There is additional storage in the linen cupboard and unlike so many houses in this neighbourhood, there is a genuine automatic 2 car garage. Please have a walk through our 3D tour.

Investors! If you are looking at excellent returnsthere is very little future maintenance to do on this house, and massive demand for people who want to be close to the Mater Private Hospital and CBD. What if you turned this into an Air BnB? Your daily return on investment could approach an average weekly rent.

Gladstone St/Cheyne St is a quiet part of town that is in huge demand because it is in the catchment for Pimlico High School. The CBD and the Strand are just a short ten-minute drive away. A massive shopping centre with everything you could imagine is just down the road at Castletown.

Be quick! Modern homes in older suburbs are exceedingly rare and in high demand. Be sure and inspect this weekend so you don't miss out.

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Property History for 8a Gladstone St, Pimlico, QLD 4812

A timeline of how this property has performed in the market
  • 08 Apr 2022
    Listed for Sale $429,000

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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 1,611 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 7 properties listed for sale, and 8 properties listed for rent in Pimlico on OnTheHouse. According to CoreLogic's data, 93 properties were sold in the past 12 months in Pimlico.

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