For Sale

88 Albany Road, Pimlico, Qld 4812

Offers over $1,850,000

Block Of Units

Type

Bedrooms

Bathrooms

Parkings

Published on Thursday, March 26, 2026 ( See property details for 88 Albany Road, Pimlico, Qld 4812)

Offers over $1,850,000

Nikki Platt - Real Estate Agent - Elders Smith and Elliott - Townsville

Nikki Platt Sales Consultant

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AI Property Insight

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

A fully leased, low-maintenance residential complex with modern upgrades, secure parking, and excellent location benefits, offering reliable income and growth potential.

🏡 Property Highlights

Fully leased residential complex with stable income
Modernised kitchens and refreshed interiors
Secure double garage for Unit 5
Consolidated ownership on a single title
Prime location near shopping, schools, and transport
Low-maintenance asset with no body corporate fees

✨ Key Features

Open-Plan Living
Built-in Robes
Garage
Outdoor Area
Security Screens / Gates
Fly Screens
Internal Laundry
Pet-Friendly
Waterfront / Views
Low-Maintenance Yard

Suburb and Property Insights of Pimlico, QLD 4812

Pimlico is a well-established suburb offering excellent amenities, including shopping centres, schools, and public transport. Its proximity to Townsville CBD and major employment hubs makes it highly desirable for tenants. The area features a mix of residential properties with strong rental demand. Local parks and recreational facilities enhance the community lifestyle. Pimlico provides a convenient, accessible location for both tenants and investors seeking long-term growth.

Frequently Asked Questions

What is the current rental income and vacancy status of the property?

The property is fully tenanted, generating a combined weekly rental income of $1,835, equating to $95,420 annually, with no current vacancies.

Are there any ongoing maintenance or upgrade costs expected for the units?

The units have benefited from partial upgrades, including modernised kitchens and refreshed interiors, which help minimise immediate maintenance costs.

What are the zoning and planning regulations applicable to this property?

The property is situated on a standard residential allotment within Pimlico, with no known zoning restrictions affecting its current use as a multi-unit complex.

Is there any body corporate fee or management involved?

There are no body corporate fees associated with this property, simplifying management and reducing ongoing costs.

What potential is there for rental growth or value appreciation?

Given its location and recent upgrades, there is scope for rental increases and long-term value appreciation as the area continues to develop.

What to ask about this property to agent?

Are there any easements, covenants, or planning restrictions affecting the property? What are the recent or upcoming developments in the vicinity that could impact the property? Are there any known issues with the building structure, plumbing, or electrical systems? Is there any history of flooding or bushfire risk in the area? What are the terms of the lease agreements, and are there any upcoming lease expirations or rent reviews?

88 Albany Road, Pimlico, Qld 4812 - More Details

Offers over $1,850,000

Type: Block Of Units
Bedrooms: 10
Bathrooms: 5
Parkings: 6

88 Albany Road, Pimlico, Qld 4812 - Point Of Interest

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Your Commute at a Glance: 88 Albany Road, Pimlico, Qld 4812

Email Enquiry To Elders Smith and Elliott - Townsville

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Nikki Platt

88 Albany Road, Pimlico, Qld 4812

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