11/53-55 Kings Road, Pimlico, QLD 4812 sold on 04 April 2025 | OnTheHouse
 
SOLD
Sold on 04 Apr 2025 for $325,000

11/53-55 Kings Road
Pimlico QLD 4812

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
Land area: 111m2
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Property Details for 11/53-55 Kings Rd, Pimlico

11/53-55 Kings Rd, Pimlico is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 111m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in April 2025. There are other 2 bedroom Unit sold in Pimlico in the last 12 months.

Building Type
Unit
Floor Size
83m2
Land Size
111m2

Last Listing description (April 2025)

Discover the perfect investment with Unit 11, 53-55 Kings Road, Pimlico-a stylish and spacious second-floor apartment offering a blend of comfort, security, and strong rental returns.

Property Highlights:
- Secure Tenancy - Reliable tenant in place with a guaranteed lease until March 2026, providing immediate and stable rental income.

- Spacious Layout - 2 well-appointed bedrooms plus an additional storage room, perfect for extra space or a home office.
- Amenities - Enjoy a swimming pool within the complex, ideal for relaxation and leisure.
- Secure Gated Entry - Added peace of mind with a fully secured entrance, enhancing safety and exclusivity.
- Outdoor Living - A generous balcony to unwind and take in the fresh air.
- Convenient Parking - Includes one assigned car park for ease of access.
- Affordable Outgoings:
Body Corporate: $6,000 per annum
Council Rates: $3,800 per annum

Great tenant in place until March 2026 with a return of $385 pw.

Nestled in a prime location, right next to Castletown shopping centre! Close to schools, transport, and the CBD, this property is perfect for investors seeking a hassle-free, high-yield opportunity.

Act now! Contact Rhi or Greg today to arrange a viewing and secure this premium investment property.

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Property History for 11/53-55 Kings Rd, Pimlico, QLD 4812

A timeline of how this property has performed in the market
Last Sold
$325,000
04 Apr 2025
Listed for Rent
$350/w
11 Mar 2022
  • 04 Apr 2025
    Sold for $325,000
  • 28 Feb 2025
    Listed for Sale UNDER OFFER - Offers Over $325,000
  • 25 Feb 2022
    Listed for Rent $350 / 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 2016 was 2460 people. By 2021 the population was 2557 showing a population growth of 3.9% in the area during that time. The predominant age group in Pimlico is 30-39 years. Households in Pimlico are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Pimlico work in a professional occupation.In 2021, 39.90% of the homes in Pimlico were owner-occupied compared with 39.70% in 2016.

Pimlico has 1,618 properties. Over the last 5 years, Houses in Pimlico have seen a 90.52% increase in median value, while Units have seen a 137.24% increase. As at 31 January 2026:

  • The median value for Houses in Pimlico is $610,418 while the median value for Units is $413,668.
  • Houses have a median rent of $440 while Units have a median rent of $380.
There are currently 8 properties listed for sale, and 9 properties listed for rent in Pimlico on OnTheHouse. According to Cotality's data, 84 properties were sold in the past 12 months in Pimlico.

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Greg Boucher
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