34 Palmerston Street, Pimlico, QLD, 4812 - House Sold on 03 02 2026

SoldFeb 3, 2026

34 Palmerston Street, Pimlico, QLD, 4812

$810,000

161 m²

809 m²

House

•

12 days on the market

Sold: Feb 3, 2026

What's around 34 Palmerston Street

Dual Key Home In Sought After Pimlico

In the vibrant heart of Pimlico, a unique opportunity stands for families, multi-generational living or astute investors. This home, set on an expansive 809m2 block, offers a versatile layout that caters to a variety of lifestyles and needs. Offering two completely separate residences under one roof, this property eliminates the biggest investment headache: Body Corporate Fees. Whether you are an investor seeking a "set and forget" dual-income fortress, or a family needing a premium "Granny Flat" solution for aging parents, the quality and configuration here are unmatched. THE CONFIGURATION • RESIDENCE A (The family home): A 1940's Queenslander featuring two bedrooms, one bathroom and large 6 x 9 powered shed. Open-plan living featuring polished timber floors, casement windows and ornate details. • RESIDENCE B (The Self-Contained Unit): A split block completely private two bedroom, one bathroom residence. Tiled throughout for easy low maintenance living. THE FINANCIAL LOGIC • The "Mortgage Helper": Live in residence A and rent out the residence B. The rental income could pay a massive chunk of your mortgage interest. • Multi-Generational Solution: The perfect, high-quality solution for keeping young teenagers or elderly parents close and secure on ground level, while maintaining complete independence. • The Investor's Dream: Two rental checks from one freehold asset. NEED TO KNOWS Four bedrooms Two bathrooms Galley style kitchens Large deck to upper level Oversized rear undercover area with laundry space Open double carport with double gates for rear access 6 x 9 with powered shed with 32A single phase to rear or block 6.6KW solar system on a 5KW invertor Large 809m2 landscaped block Fully Fenced PROPOSED RENTAL INCOME: • Residence A & B Combined - $820.00 to $870.00 per week RATES: $2255.00 per half year THE LOCATION Located in the highly sought-after suburb of Pimlico, this property is just minutes away from shopping centres, schools, hospitals and other amenities. With easy access to major roads and highways, commuting to work or exploring the city has never been easier. Kya Faust 0432 486 900 Luke Need 0432 772 223