4 Palmerston Street, Pimlico, Qld 4812-Image

For Sale

4 Palmerston Street, Pimlico, Qld 4812

$1,200,000

Block Of Units

Type

Bedrooms

Bathrooms

Parkings

809 m²

Area

Published on Monday, May 11, 2026 ( See property details for 4 Palmerston Street, Pimlico, Qld 4812)

$1,200,000

Gavin Micola - Real Estate Agent - Northern Realty Pty Ltd - WEST END

Gavin Micola Licensee / Sales Agent

Call Message Chat

Track this property Request an inspection

Report Title Search CMA Report Suburb Profile

AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-maintained, low-maintenance complex of four 2-bedroom units in a prime central Pimlico location offering strong rental returns and long-term growth potential.

🏡 Property Highlights

Centrally located in highly sought-after Pimlico with excellent access to amenities
Well-maintained complex of 4 low set units with strong rental income
Solid block construction ensuring long-term durability
Previously upgraded roof reducing future maintenance costs
Low-maintenance design ideal for investors seeking set-and-forget income
Each unit offers 2 bedrooms, 1 bathroom, and dedicated carport

✨ Key Features

Complex of 4 low set units
All units feature 2 bedrooms and 1 bathroom
Each unit includes a dedicated single carport
Solid block construction for long-term durability
Previously upgraded roof
Functional open plan living and dining layouts
Low maintenance design throughout
Positioned on a centrally located allotment in Pimlico
Open-Plan Living
Waterfront / Views

Suburb and Property Insights of Pimlico, QLD 4812

Pimlico is a highly desirable suburb in Townsville, offering excellent access to major amenities, educational institutions, and transport links. Its central location ensures strong rental demand and long-term growth potential. Residents enjoy proximity to shopping centres, parks, and medical facilities, making it an ideal area for tenants and investors alike. The suburb's well-established infrastructure and vibrant community atmosphere contribute to its appeal. Pimlico's strategic position near Townsville CBD and major arterial roads makes it a prime choice for those seeking convenience and investment stability.

Frequently Asked Questions

What is the current rental income and potential for future growth?

The property currently returns approximately $71,760 per annum, with strong demand in the area supporting potential rental growth.

Are there any recent upgrades or renovations to the units?

Yes, the complex features a previously upgraded roof, which helps reduce future maintenance costs.

What are the ongoing costs associated with the property?

Ongoing costs include rates of $8,172 per half year, which also cover water charges, along with maintenance and management fees if applicable.

Is the property suitable for long-term investment?

Absolutely, the property offers multiple income streams, durable construction, and a central location with high rental demand, making it an excellent long-term investment.

What amenities and facilities are nearby?

The property is close to Townsville University Hospital, James Cook University, Townsville CBD, Castletown Shopping Centre, schools, parks, and public transport.

What to ask about this property to agent?

Are there any zoning restrictions or easements affecting the property? Have there been any recent or upcoming planning or development activities in the area? Are there any known defects or issues with the units or the building structure? What are the strata or body corporate fees and regulations, if applicable? Is there any history of flooding or bushfire risk in the area? Are there any additional costs or levies not included in the rates? What is the condition of the plumbing, electrical systems, and roof? Are there any restrictions on future modifications or renovations? Is the property compliant with all local building codes and regulations? Are there any planned infrastructure projects nearby that could impact the property?

4 Palmerston Street, Pimlico, Qld 4812 - More Details

$1,200,000

Type: Block Of Units
Bedrooms: 8
Bathrooms: 4
Parkings: 4
Area: 809 m²

4 Palmerston Street, Pimlico, Qld 4812 - Point Of Interest

Locate Near By Places of 4 Palmerston Street, Pimlico, Qld 4812 On Map

Your Commute at a Glance: 4 Palmerston Street, Pimlico, Qld 4812

Email Enquiry To Northern Realty Pty Ltd - WEST END

<div><input id="g-recaptcha-response_captcha_989730702" name="g-recaptcha-response" type="hidden"></input><script>var recaptchaJSLoaded = true; 
                var onloadCallbackcaptcha_989730702 = function() {
                    var form = $('input[id="g-recaptcha-response_captcha_989730702"]').closest('form');
                    var btn = $(form.find(':submit')[0]);

Gavin Micola

Call

4 Palmerston Street, Pimlico, Qld 4812

$1,200,000

Schedule an Inspection

Rates & Fees

Similar Properties

Full Name

phone

Which describes you best?

Message

Personal Information Collection Statement

This form is only to be used for sending genuine email enquiries to the Agent. Real Search Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Explore More About Pimlico

Real Search makes searching for your new home easy with properties for sale in Pimlico and properties for rent in Pimlico. Are you looking for specific type of property? Real Search has units for sale in Pimlico and houses for sale in Pimlico. Real Search also provides 1 bedroom block of units for sale in Pimlico, 2 bedroom block of units for sale in Pimlico & 3 bedroom block of units for sale in Pimlico. Find best real estate agents in Pimlico. You can also check real estate agencies in Pimlico. Research the property market of Pimlico with a property report and suburb profile report on Real Search.

<div><input id="g-recaptcha-response_captcha_1618939808" name="g-recaptcha-response" type="hidden"></input><script>var recaptchaJSLoaded = true; 
                var onloadCallbackcaptcha_1618939808 = function() {
                    var form = $('input[id="g-recaptcha-response_captcha_1618939808"]').closest('form');
                    var btn = $(form.find(':submit')[0]);

Help Us Maintain Accuracy: Report Data Errors

At Real Search, we strive for the highest level of accuracy in all our property listings and real estate information. Despite our best efforts, errors can occur. If you spot any inaccuracies or inconsistencies in property details, descriptions, or any other data, we encourage you to report them to us immediately. Your input helps us maintain the quality and reliability of our platform, benefiting all users—buyers, sellers, and agents alike.

To report an error, please click the "Report Error" button on the respective listing or reach out to us directly via our contact page. We appreciate your vigilance and collaboration in ensuring the integrity of our data.

Name

Phone

Message

Disclaimer

Our service utilises AI search capabilities based on publicly available indexed data for non-commercial purposes and testing phase. The above information is an excerpt from publicly available data and may be subject to errors or changes. RealSearch.com.au makes no representations or warranties regarding the accuracy of this data. Please consult the Agency/Agents directly for the most up-to-date information.