FOR SALE
Offers over $1.4m

27 Glenwood Street
Chelmer QLD 4068

Bedrooms: 5
Bathrooms: 4
Car spaces: 4
Land area: 607m2
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Whole block of 4 flats

Rare as hens teeth!
Situated in a popular, ultra quiet location, with low vacancy rates, stands this whole block of 3 x 1 bedroom and 1 x 2 bedroom flats.
Returning $83,980 per annum, this block represents excellent value with high returns.
All flats are fully self-contained and have air-conditioning, polished hardwood floors, neat and tidy kitchens and bathrooms & ceiling fans.
Sitting on 607m2 land.
A new Colorbond roof and gutters were installed in 2020 and all flats are separately metered for water and electricity.
Shared laundry and single carport for each, downstairs.
Potential to strata title into 4 separate units and hold or sell off individually.
Inspections by appointment or open homes as advertised.

Property Details for 27 Glenwood St, Chelmer

27 Glenwood St, Chelmer is a 5 bedroom, 4 bathroom BlockOfUnits with 4 parking spaces and was built in 1957. The property has a land size of 607m2. The place is currently for sale with Matthews Real Estate.

Building Type
BlockOfUnits
Year Built
1957
Land Size
607m2

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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 1,198 properties.

    There are currently 12 properties listed for sale, and 2 properties listed for rent in Chelmer on OnTheHouse. According to CoreLogic's data, 64 properties were sold in the past 12 months in Chelmer.

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    Russell Matthews
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    Matthews Real Estate
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    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.