SOLD
Sold on 25 Nov 2023 for $560,000

178 Chermside Road
Basin Pocket QLD 4305

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 78m2
Land area: 708m2
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Property Details for 178 Chermside Rd, Basin Pocket

178 Chermside Rd, Basin Pocket is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 708m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 4 bedroom House sold in Basin Pocket in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
78m2
Land Size
708m2
Local Government
Ipswich
Lot/Plan
26/RP41096

Last Listing description (January 2024)

Investors, seize the moment! Conveniently located in Basin Pocket, this modernised 3-bedroom house and contemporary studio-style granny flat duo present an unbeatable investment opportunity.

The main 3-bedroom residence boasts not only a freshened aesthetic but also a solid rental income stream. Currently, this gem is generating $350 per week, with a secure lease in place until September 2024.

Adding to the allure of this investment package is the recently constructed studio-style granny flat. Modern and efficient, this dwelling is a haven for those seeking a convenient, self-contained living space. Currently returning $300 per week in rental income, with a lease secured until October 2024.

Together, these two income-generating properties offer a dual-income stream that's hard to resist. The diversified rental base not only spreads risk but also maximizes returns, making it an ideal scenario for savvy investors looking to capitalize on the thriving rental market.

Situated in a prime location with convenient access to local amenities, schools & transportation, this investment property ensures a steady flow of income for the savvy investor, allowing for confident financial planning and peace of mind.

Robust ROI at $650pw:
House tenanted for $350pw until Sept 2024
Studio tenanted for $300pw until Oct 2024

Centrally Located:
900m to Ipswich East State School & corner store including; IGA Express, Pizzas, Kababs, Hair Salon, Bakery & more.
2 mins to Train Station, Bob Gamble Waterpark and Playground
4 mins to Ipswich CBD & new mall redevelopment, Riverlink Shopping Centre, Ipswich Girls Grammar, St Mary's College, Riverheart Parklands and more

Don't miss out on this golden opportunity to add a lucrative feather to your investment portfolio and contact us today to secure your slice of real estate success!

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Property History for 178 Chermside Rd, Basin Pocket, QLD 4305

A timeline of how this property has performed in the market
Last Sold
$560,000
25 Nov 2023
Listed for Rent
$280/w
13 Oct 2022
  • 25 Nov 2023
    Sold for $560,000
  • 13 Nov 2023
    Listed for Sale Offers Over $549,000
  • 17 Aug 2022
    Listed 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.

    There are currently 6 properties listed for sale, and no properties listed for rent in Basin pocket on OnTheHouse. According to CoreLogic's data, 33 properties were sold in the past 12 months in Basin pocket.

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    Bryce Lee
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    Leanne Arifovic
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    LJ Hooker Ipswich
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