FOR SALE
$650,000 Plus

Contact Agent For Address
Chermside QLD 4032

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 113m2
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LOCATION, LOCATION. DHA LEASED APARTMENT IN VIBRANT CHERMSIDE. IT WILL NOT LAST.

INVESTORS: Available now to a savvy investor is this modern and conveniently located apartment in Chermside, Brisbane just a stones throw to from Westfield Chermside. Constructed in 2015 this larger than average apartment offers approx 113sqm od living including. 89m² of internal living area plus two separate balconies totalling 26m². There's a single underground secure car park with storage cage and lift access. The 'Nature's Edge' development is located across the road from Westfield Chermside, ranking amongst Australia's largest Shopping Centres with a huge range of shopping, cinemas, restaurants, entertainment amenities and public transport options.
A DHA (Defence Housing Australia) lease offers the new owners amazing inclusions such as GUARANTEED RENTAL INCOME, A COMPREHENSIVE PROPERTY CARE/MAINTENANCE PACKAGE, & ANNUAL INDEPENDENT PROFESSIONAL RENTAL VALUATIONS AND ADJUSTMENTS, all of which are designed for stress free investing. The DHA program is designed to provide a home for members of the Australian Defence Force and their families whilst providing investors with an opportunity to be a part of one of Australia's most respected investment schemes. At lease end the property would be handed back for you to do as you like - move in, rent out privately or sell.
GROSS RENT FOR 2024: $540pw and adjusted annually based on the assessment from independent professional valuer.
DHA LEASE DETAILS :
* Current Lease ending: 29/06/2025
* New Lease option available : 30/06/2025 - 29/06/2028 + 3 year option
* Right to vary: 1 x up to 12 months
The apartment features modern finishes including stone bench tops, glass splash-back, European appliances, and ducted air conditioning. Both bedrooms are spacious and include built in robes, plus a linen cupboard, Laundry with washing machine and dryer and 2nd bathroom with full size bath.
This beautifully designed eight storey complex features 71 modern spacious two bedroom apartments and one three bedroom apartment with BBQ and entertainment areas, swimming pool and ample visitors parking.
Council Rates approx $506 per quarter
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Property Details for Contact Agent For Address, Chermside

Contact Agent For Address, Chermside is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a floor size of 113m2. The place is currently for sale with Hudson Property.

Building Type
Unit
Floor Size
113m2

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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 62 properties listed for sale, and 40 properties listed for rent in Chermside on OnTheHouse. According to CoreLogic's data, 415 properties were sold in the past 12 months in Chermside.

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Sharon Richter
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Viv Robinson
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Hudson Property
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