162 Chermside RoadBasin Pocket QLD 4305
Property Details for 162 Chermside Rd, Basin Pocket
162 Chermside Rd, Basin Pocket is a 3 bedroom, 1 bathroom House with 5 parking spaces and was built in 1960. The property has a land size of 822m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in June 2021.
Last Listing description (November 2021)
What a great investment, the house sits on a huge 822m2 block. The 3 bedroom chamferboard home built aroundabout 1960 is straddled across 2 x 411m2 blocks. This means you have already two subdivided blocks. Not only are the blocks and the house flood free there is no retaining walls meaning no water issues or upkeep with maintenance with retaining walls and plumbing issues. The blocks are flat so there is no need for cut and fill. There is no need to spend thousands of dollars getting the blocks ready to build on. Each block has a nice wide 11.7 (approx.) frontage. This allows you to build a big 4 bedroom home if you wish with 2 car lock up the frontage gives you this option.
The chamferboard house with a nice, tiled roof boasts 3 big bedrooms and a built-in verandah which is now used as a study/open area. The living space is quite large and the kitchen/meals area is very big. The house needs no maintenance and is in very good condition for its age. With a long-term tenant that has been at the property for the last 4 years paying $300 per week and wanting to stay on there is room for a rental rise. The tenants lease expires in October this year this gives you the opportunity to raise the rent to the market value of $340 per week. This also opens the door to a home owner wanting to move in.
Outside the fully secured flat flood free block is a double carport ideal for the caravan, boat and trailer etc. Walking to Ipswich Girls Grammar School, East Ipswich State school and the local neighborhood shops is only minutes away. Take the train to Brisbane you do not need the bus or car either it is only a short stroll. If you do not like walking the bus stop is only 100m away.
The sellers of the home have had this house in their family for decades want to move on and are looking for offers. This is your chance to secure a great home with so much potential and upscale. With holding income with a long term tenant this is really a set and forget investment or you might want to move in October and create your own memories.
Please call Darren Boettcher to arrange your personal inspection.
Features:
. A rare find 822m2 block that already sits on 2 separate titles
. 2 x 411m2 blocks with wide 11.7m frontages (approx.)
. Awesome set and forget investment with a long term tenant
. Tenant paying $300 per week lease expires October 2021
. The house and the 2 flat blocks are flood free
. No retaining walls no water issues saving you thousands of $$
. Stylish 3 bedroom chamferboard House with tiled roof
. 3 Good sized bedrooms, Big living areas, Great kitchen
. Massive weatherproof entertainment area at the rear
. Very wide vehicle access to the rear yard and carport
. Ideal location to schools, shops, rail station parks and bus stop
. Motivated sellers want offers It's a great opportunity
. Contact Darren Boettcher for further information
Property History for 162 Chermside Rd, Basin Pocket, QLD 4305
- 30 Jun 2021Sold for $350,000
- 21 Jun 2021Listed for Sale Asking Only $375,000
- 16 Mar 2017Listed for Rent - Price not available
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About Basin Pocket 4305
The size of Basin Pocket is approximately 0.6 square kilometres. It has 2 parks covering nearly 2.5% of total area. The population of Basin Pocket in 2011 was 860 people. By 2016 the population was 890 showing a population growth of 3.5% in the area during that time. The predominant age group in Basin Pocket is 20-29 years. Households in Basin Pocket are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Basin Pocket work in a trades occupation. In 2011, 61.8% of the homes in Basin Pocket were owner-occupied compared with 61.2% in 2016.
Basin Pocket has 443 properties. Over the last 5 years, Houses in Basin Pocket have seen a 96.88% increase in median value, while Units have seen a 22.75% increase. As at 31 August 2024:
- The median value for Houses in Basin Pocket is $541,095 while the median value for Units is $309,520.
- Houses have a median rent of $475.
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