SOLD
Sold on 05 Apr 2024 for $266,000

15/12-20 Ballantine Street
Chermside QLD 4032

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 41m2
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Property Details for 15/12-20 Ballantine St, Chermside

Building Type
Commercial
Year Built
2002
Land Size
41m2
Local Government
Brisbane
Lot/Plan
15/SP146189

Last Listing description (November 2023)

Contact 0449 237 155 for an inspection appointment and more details!

Great retirement living/investment unit selling in central Chermside!

- Retirement living for seniors over age 55
- Investment with great and stable long term rental income potential

Excellent Location
- 1 minute walk to Bus Stops
- 2 minute walk to Chermside Library
- 2 minute walk to Kedron Wavell Services RSL club
- 2 minute walk to Chermside Pool
- 5 minute walk to Westfield shopping centre

Excellent location in central Chermside, this neat "over 55's" community is within walking distance to Westfield Chermside, Bus Terminal, Medical Centres and backs onto the Kedron Wavell Services club, public pool and Library. Approximately 39m2 in size, this property represents great value for the astute investor, looking for a high yield or retirees and those who are looking for a simple lock up and leave, low maintenance apartment, in a well-managed and secure complex.

Features include:
*Generous bedroom with built-in wardrobes, ceiling fan and slide patio door
*Lots of natural light throughout
*Security screen on all windows & doors
*Wheel-chair friendly ensuite/bathroom
*Open living, meals and kitchenette with carpets and air-conditioning
*Common room in the complex
*Visitor Parking available plus ample street parking
*Direct access from both the bedroom and living to gardens
*Private garden outlook from the bedroom & living
*Walk to Westfields & Public transport
*No work required as beautifully maintained and managed by experienced onsite managers.

BODY CORP: $867 per quarter (INCLUDING PAY-ON-TIME DISCOUNTS)

VIEWING BY APPOINTMENT

Property History for 15/12-20 Ballantine St, Chermside, QLD 4032

A timeline of how this property has performed in the market
Last Sold
$266,000
05 Apr 2024
  • 05 Apr 2024
    Sold for $266,000
  • 25 Oct 2023
    Sold for $190,000
  • 17 Aug 2023
    Listed for Sale OFFERS OVER $205,000 Negotiable
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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 7,568 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 59 properties listed for sale, and 41 properties listed for rent in Chermside on OnTheHouse. According to CoreLogic's data, 404 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.