4 Palmerston 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 May 2022.
Inspect today! If you are in the market for a solid investment this property needs to be at the top of your list, configured into 4 x 2 bedroom units, all with 1 bathroom and 1 carport and are of an open plan design. Recently having the roof replaced and major plumbing works complete you can purchase this property with peace of mind.
Property Features Include:
- 4 x 2 Bedroom units
Current Rental Income: $260 P/W Each
Current Market Rental Estimate: $280 P/W Each
3 Units are currently in fixed term lease agreements and the 4th is vacant for the purpose of the sale.
To inspect this property or to find out more contact Gavin Micola today on 0407 159 314.
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 1,619 properties. Over the last 5 years, Houses in Pimlico have seen a 89.83% increase in median value, while Units have seen a 163.21% increase. As at 31 December 2025:
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