FOR SALE
Offers Over $3.5M

1-6/81 Farnell Street
Chermside QLD 4032

Bedrooms: 12
Bathrooms: 6
Car spaces: 6
Land area: 809m2
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Chermside - Block of 6X2 Bedroom Units in Prime Location

81 Farnell Street, Chermside
Unlock Your Potential in Property Investment!
Introducing a rare and lucrative investment opportunity that demands your attention. Nestled in the heart of Chermside, QLD, 4032, this exceptional 6-unit complex at 81 Farnell Street awaits your discerning investment strategy. This complex is now being offered to the market for the very first time in 10 years.
Key Highlights: Six Strata Titled Units, One Unbeatable Deal: This remarkable complex offers 6, 2 bedroom, 1 bathroom units all strata titled. This well maintained coplex presenting you with a diverse portfolio that promises multiple revenue streams.
Prime Investment Location: Chermside's strategic location ensures a steady influx of renters, making it an ideal destination for long-term tenants. Situated near essential amenities, transport hubs, and recreational facilities, this property is a magnet for potential occupants.
50m - The Prince Charles & St Vincents hospitals
480m - Westfield shopping town Chermside
1.2km - Craigslea state schools, prep, primary and secondary
3.2km - Geebung train station
8.7km - Brisbane domestic and international airports
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Property Details for 1-6/81 Farnell St, Chermside

1-6/81 Farnell St, Chermside is a 12 bedroom, 6 bathroom BlockOfUnits with 6 parking spaces. The property has a land size of 809m2. The place is currently for sale with Ray White Wilston.

Building Type
BlockOfUnits
Land Size
809m2

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About Chermside 4032

The size of Chermside is approximately 4 square kilometres. It has 10 parks covering nearly 23.6% of total area. The population of Chermside in 2011 was 8,170 people. By 2016 the population was 9,313 showing a population growth of 14.0% in the area during that time. The predominant age group in Chermside is 20-29 years. Households in Chermside are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Chermside work in a professional occupation. In 2011, 34.7% of the homes in Chermside were owner-occupied compared with 31.5% in 2016.

Chermside has 7,631 properties. Over the last 5 years, Houses in Chermside have seen a 60.28% increase in median value, while Units have seen a 75.10% increase. As at 30 November 2024:

  • The median value for Houses in Chermside is $944,820 while the median value for Units is $659,873.
  • Houses have a median rent of $595 while Units have a median rent of $588.
There are currently 61 properties listed for sale, and 40 properties listed for rent in Chermside on OnTheHouse. According to CoreLogic's data, 414 properties were sold in the past 12 months in Chermside.

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Nick Thornton
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Ray White Wilston
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