SOLD
Sold on 12 Dec 2023 for $100,000

13/105 Farnell Street
Chermside QLD 4032

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 27m2
Land area: 27m2
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Property Details for 13/105 Farnell St, Chermside

13/105 Farnell St, Chermside is a 1 bedroom, 1 bathroom Unit. The property has a land size of 27m2 and floor size of 27m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 1 bedroom Unit sold in Chermside in the last 12 months.

Building Type
Unit
Floor Size
27m2
Land Size
27m2
Local Government
Brisbane
Lot/Plan
13/BUP13465

Last Listing description (May 2024)

This is a great way to start your own Property Portfolio.
This motel styled unit provides a guaranteed regular income. As the unit's rents are pooled together you receive a regular monthly income whether the unit is occupied or not. It will take all the stress away as you will know each month what your income will be.

Within easy walking distance to Prince Charles Hospital and St Vincents Hospitals and with Westfields Chermside close by it creates a perfect place to stay for out of town patients receiving medical treatment or for people visiting and need to stay overnight. There is also a referral system in place with health care providers requiring accommodation for patients.

This unit is not available for owner occupiers.

Chermside Court is a modern self contained unit in a motel style complex with onsite management and affordable Body Corporate fees.

A rare find in today's market so contact us today to arrange a private inspection or to receive further information.

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Property History for 13/105 Farnell St, Chermside, QLD 4032

A timeline of how this property has performed in the market
Last Sold
$100,000
12 Dec 2023
  • 12 Dec 2023
    Sold for $100,000
  • 08 Dec 2023
    Listed for Sale Offers Over $101,000
  • 15 Aug 1996
    Sold for $82,500
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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.

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