1103/25 Charlotte StreetChermside QLD 4032
Property Details for 1103/25 Charlotte St, Chermside
1103/25 Charlotte St, Chermside is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 73m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in March 2022.
Last Listing description (March 2023)
Located in a delightfully convenient location is this brilliant NRAS apartment perfect for investors. Unit 1103/25 Charlotte St is a neat single bedroom and bathroom apartment currently housing a wonderful and tidy tenant under the NRAS housing scheme. This property offers a rental yield of 7.0%+ with a secure long term tenant; if you're looking for a fantastic investment opportunity without the huge price tag, this is the one for you!
Also boasting the following features
Kitchen overlooks the main living area flowing to the alfresco
Air conditioning in the bedroom and main living area
Expansive and private alfresco area
Stainless steel appliances
Gas 600mm stove
Assigned single secured car spot + plenty of visitor parking
Secure building
Gym & Pools within walking distance
Chermside Westfield across the street
Two min walk to Bus station
15 min drive to CBD
Finished construction 2014
More Information
Rental: $277/week ($14,404/year)
National Affordable Housing Consortium (NRAS)
Federal Government Refundable Tax Offset: $8,452.94
State Government Cash Incentive: $2,817.65
Total NRAS incentives: $11,270.69
Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.
Property History for 1103/25 Charlotte St, Chermside, QLD 4032
- 22 Mar 2022Sold for $290,000
- 01 Mar 2022Listed for Sale Offers Over $289,000
- 14 Jun 2013Sold for $325,000
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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.
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