SOLD
RECENT ADVICE
Sold on 09 Sep 2024 - Price Unavailable

105 Farnell Street
Chermside QLD 4032

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 109m2
Sold By
Arthur Conias Real Estate
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Property Details for 105 Farnell St, Chermside

105 Farnell St, Chermside is a 1 bedroom, 1 bathroom Unit. The property has a land size of 109m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 1 bedroom Unit sold in Chermside in the last 12 months.

Building Type
Unit
Land Size
109m2
Local Government
Brisbane
Lot/Plan
1/BUP13465

Last Listing description (September 2024)

Inspections by appointment - Call 24 hours

Gross $11389.44 rent return per annum
Fixed costs include:

Strata fees $2200 per annum
Council rates $1923 per annum
Net return approximately 6.6% per annum

This secure investment has a guaranteed monthly return with no extra effort required from the owner. Whether you're a new investor or merely looking to diversify your current portfolio, a risk-free high return makes this an opportunity you don't want to miss.

These well-maintained serviced apartments provide a guaranteed regular income whether they are occupied or vacant. The onsite management ensures the smooth running of this motel style complex. An extra bonus is the affordable body corporate fees.
Chermside Court Motel is situated walking distance to Prince Charles and St Vincent's hospitals as well as close proximity to Westfield Shopping Centre. The desirable location of this complex ensures that it presents as an extremely convenient accommodation choice for travelling patients and support family members.

Enjoy peace of mind and great returns with this profitable stress-free investment!

* Important * Whilst every care is taken in the preparation of the information contained in this marketing, Arthur Conias Real Estate will not be held liable for any errors in typing or information. All information is considered correct at the time of publishing. Please note that photographs are indicative of rooms in the complex and do not display the actual rooms on this listing.

Property History for 105 Farnell St, Chermside, QLD 4032

A timeline of how this property has performed in the market
Last Sold
09 Sep 2024
  • 09 Sep 2024
    Sold
  • 29 Jul 2024
    Listed for Sale $110,000
  • 11 Mar 2019
    Listed for Sale $80,000
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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 7,569 properties. Over the last 5 years, Houses in Chermside have seen a 67.02% increase in median value, while Units have seen a 69.21% increase. As at 31 October 2024:

  • The median value for Houses in Chermside is $977,450 while the median value for Units is $644,417.
  • Houses have a median rent of $590 while Units have a median rent of $580.
There are currently 69 properties listed for sale, and 36 properties listed for rent in Chermside on OnTheHouse. According to CoreLogic's data, 411 properties were sold in the past 12 months in Chermside.

Suburb Insights for Chermside 4032

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Disclaimer
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.