FOR SALE
1,600,000 +

101 Honour Avenue
Chelmer QLD 4068

Bedrooms: 4
Bathrooms: 4
Car spaces: 5
Land area: 1034m2
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CHARACTER UNIT BLOCK STEPS FROM CHELMER STATION

An outstanding investment or opportunity for revitalisation, renovate and reap the rewards. This character block of units resides on 1,034sqm on 2 lots in a convenient pocket of Chelmer.
A high-income earner steps from Chelmer train station and close to amenities, the property comprises 4 units, including 2x studio units and 2x 1-bedroom units.
In good condition, each unit features original character details, air-conditioning, a kitchen, a living area and a bathroom. 5 undercover parking spaces feature in the property, and all tenants have access to the spacious backyard, large undercroft storage area and shared laundry.
Offering an excellent opportunity to add value, there is scope to renovate the individual residences or redesign and transform the property back into a single-family dwelling on an extraordinary land parcel.
Property highlights:
- Character block of units on 1,034sqm on 2 lots
- 4 units (2x studio units and 2x 1-bed units)
- Each unit features a kitchen, bathroom and air-conditioning
- Undercover parking for 5 cars and a spacious backyard
- Large undercroft storage area and laundry
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Property Details for 101 Honour Ave, Chelmer

101 Honour Ave, Chelmer is a 4 bedroom, 4 bathroom BlockOfUnits with 5 parking spaces. The property has a land size of 1034m2. The place is currently for sale with Ray White Sherwood.

Building Type
BlockOfUnits
Land Size
1034m2

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About Chelmer 4068

The size of Chelmer is approximately 1.8 square kilometres. It has 8 parks covering nearly 10.6% of total area. The population of Chelmer in 2011 was 2,593 people. By 2016 the population was 2,986 showing a population growth of 15.2% in the area during that time. The predominant age group in Chelmer is 10-19 years. Households in Chelmer are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Chelmer work in a professional occupation. In 2011, 78.1% of the homes in Chelmer were owner-occupied compared with 78.3% in 2016.

Chelmer has 1,191 properties. Over the last 5 years, Houses in Chelmer have seen a 67.45% increase in median value, while Units have seen a 75.96% increase. As at 31 October 2024:

  • The median value for Houses in Chelmer is $1,719,188 while the median value for Units is $597,900.
  • Houses have a median rent of $933 while Units have a median rent of $385.
There are currently 16 properties listed for sale, and 2 properties listed for rent in Chelmer on OnTheHouse. According to CoreLogic's data, 58 properties were sold in the past 12 months in Chelmer.

Suburb Insights for Chelmer 4068

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Lisette Schults-Rand
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Madeline Scott
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Ray White Sherwood
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.