1/24 Lothair Street, Pimlico QLD 4812

2 bed unit | 137sqm floorplan | Pimlico suburb | solid rental yield context This unit’s primary competitive advantage is its generous internal size of 137 square metres, which is uncommon for a two-bedroom apartment in Pimlico and positions it well against newer stock that typically offers less living space. The single-level configuration with one car space suits downsizers or investors targeting long-term tenants who value room to move over multiple bathrooms. The suburb’s median unit price has risen over the past year, suggesting a supportive market backdrop that reduces short-term downside risk for a buyer entering near current asking levels. The main risk is the price premium over automated estimates, which may reflect body corporate costs or complex positioning that are not yet verified. Flood overlay and insurance costs should be confirmed before committing, as Townsville units can carry hidden holding expenses. The rental yield context around 5% implies the property can be held with neutral cash flow if purchased near the lower end of the range, making it viable for both owner-occupiers and investors. Use the floorplan and size as negotiation leverage, and treat this as a hold-for-income or hold-for-lifestyle purchase rather than a flip.