4/17 Gladstone Street, Pimlico QLD 4812
4/17 Gladstone Street, Pimlico QLD 4812
2-bedroom townhouse in Pimlico | secure parking with electric roller doors | private courtyard | flood overlay present
The property offers a secure, low-maintenance townhouse in a well-connected Pimlico location, with the electric roller door parking and private courtyard providing a rare combination of safety and outdoor space for a unit of this size. The freshly painted interiors, new carpets, and modern kitchen make it immediately habitable, which suits owner-occupiers or investors seeking a tenant-ready position. It serves best a professional couple or small family wanting a lock-and-leave home near schools and shopping.
The flood overlay is the primary risk, potentially affecting insurance costs and resale appeal, though no recent flooding history is noted. The 351mยฒ land size offers some future subdivision or extension potential, but the current floor area is modest. This property works best as a stable hold for steady rental yield or as a convenient owner-occupied home in a solid suburban market.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 4/17 Gladstone Street, Pimlico QLD 4812
Market Insight:
Pimlico is a dynamic Townsville suburb experiencing strong investor-led demand, driven by a high rental population and tight vacancy rates. Recent price growth has been exceptionally robust, reflecting a competitive market with low stock levels. Future growth is supported by demographic momentum, though limited new supply and affordability pressures present key constraints for sustained expansion.