9 Turner 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 October 2021.
Under Contract by Kayla Clark
Here is an opportunity for an investor to make the most of this block of flats now being offered for sale.
Located in a forever popular, central location this property overlooks the stunning Anderson Gardens and is minutes drive from Townsville's main shopping destinations Castletown, Stockland and Domain Central. Not to mention the number of schools, convenience stores medical centres and parks within walking distance.
This property offers four masonry block units all featuring two bedrooms, 1 bathroom, a well equipped kitchen with open dining and lounge space. There is box air conditioning to bedrooms in all units and each present a back patio and courtyard area which overlook and have access right out onto the gardens.
All units have always been well maintained and looked after. There is ample opportunity to modernise these great flats although currently there has never been an issue in securing tenants in any of these units.
All units are currently tenanted returning $890 per week, $46280 per annum.
Unit 1 Leased at $200 per week
Unit 2 Leased at $220 per week
Unit 3 Leased at $240 per week
Unit 4 Leased at $230 per week
All tenants are currently on periodic leases with all wishing too renew.
This is a great addition to an investors portfolio. Phone to arrange a private inspection.
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:
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