167 Kings RoadPimlico QLD 4812
Property Details for 167 Kings Rd, Pimlico
167 Kings Rd, Pimlico is a 16 bedroom, 8 bathroom Unit with 1 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 July 2022.
Last Listing description (September 2022)
Two blocks of 4, 2-bedroom units side by side. Two title, two rates notice and NO BODY CORPORATE FEES. Perfect for the astute investor
The eight units are all two bedrooms with built-in robes, tiled open plan living, 1 bathroom, fully Air-Conditioned, security screens on all doors and windows and undercover carport.
All 8 units are currently rented bringing in an income of $2,165.00 per week. As you can see on the internet the current rent it is well under todays rent. The potential rent should be $280 to $290 per week. Not only is it a great Buy it is a solid investment.
BLOCK 1:
Unit 1 $250 per week fixed lease expires 17/10/22
Unit 2 $240 per week fixed lease expires 08/08/22
Unit 3 $275 per week fixed Lease expires 20/04/2
Unit 4 $290 per week fixed lease expires 12/01/23
BLOCK 2:
Unit 1 $270 per week fixed lease expires 12/01/23
Unit 2 $260 per week fixed lease expires 15/04/23
Unit 3 $290 per week fixed lease expires 17/03/23
Unit 4 $290 per week fixed lease expires 27/03/23
You'll never have trouble finding tenants for this spacious Units. Located in the sought-after the inner-city suburb of Pimlico. It is in walking distance to schools, shops. Even walk to the v8 track and much more. This property is convenience plus.
Two solid blocks of units side by side are as rare as hens teeth to find for sale in Pimlico.
You know that old saying you snooze, you lose
Call Doreen Charity 0414 691 666 for an appointment.
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective vendors, purchasers & tenants should make their own enquiries to verify the information contained herein.
Property History for 167 Kings Rd, Pimlico, QLD 4812
- 05 Jul 2022Sold for $799,000
- 02 Jun 2022Listed for Sale $1,598,000
- 07 Dec 2007Listed for Rent - Price not available
Recent sales nearby
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0About Pimlico 4812
The size of Pimlico is approximately 1.2 square kilometres. There are 5 parks, covering nearly 6.2% of the 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 1,622 properties. Over the last 5 years, Houses in Pimlico have seen a 102.52% increase in median value, while Units have seen a 108.85% increase. As at 31 May 2026:
- The median value for Houses in Pimlico is $673,318 while the median value for Units is $429,628.
- Houses have a median rent of $555 while Units have a median rent of $420.
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