SOLD
Sold on 30 Jan 2024 for $450,000

18/26 Ballantine Street
Chermside QLD 4032

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 91m2
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Property Details for 18/26 Ballantine St, Chermside

18/26 Ballantine St, Chermside is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 91m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Chermside in the last 12 months.

Building Type
Unit
Year Built
2017
Land Size
91m2
Local Government
Brisbane
Lot/Plan
18/SP291398

Last Listing description (March 2024)

Attention investors - here's an opportunity to buy a bright 2 bedroom, 2 bathroom apartment in a quiet street close to Chermside Shopping Centre with guaranteed rent until June 2026.
With a current lease in place through Defence Housing Australia (DHA), your tenants will love the central location with Chermside Shopping Centre and its' multiple shops, restaurants, cinema and cafes only a few hundred metres away. It is also close to sporting fields, picturesque parks, bike tracks, the Chermside Aquatic Centre and Water Park, library, Kedron-Wavell Services Club and much more. The Brisbane CBD is only 11 kms south and with the Northern Transitway scheduled to be completed mid-2024, access will be quicker than ever.

Built in 2017 it has clean, modern lines and security screens and blinds on all external windows and doors. The kitchen flows effortlessly out onto the open plan dining/lounge area and out to the covered balcony. The bedrooms have good separation (main with ensuite) and bedroom two even has it's own separate balcony.

The apartment will be comfortable all year round with reverse cycle air conditioning and ceiling fans. Secure car parking is available for one car in the lock-up garage with an extra lockable cage for storage.

DHA Lease Summary
Lease edition: Edition 6C
Lease end date: 14/06/2026
Guaranteed Rent: $540 per week

DHA Lease Options and Variations
Lease option: Nil
Right to vary: 1 x up to 12 months Reduction and 1 x up to 12 months Extension
Note: The option and right to vary is at DHA's discretion.

- DHA guarantee to pay the rent even if the property is vacant.
- DHA Property Care, an all-inclusive service fee, covers a range of property related services.
- The property is cleaned at the end of each tenancy period.
- The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement)
- A rental floor may apply to the DHA Lease Agreement (applicable to specific lease editions and applies to commencement rent).

Investing with DHA - This property is for sale on behalf of a DHA lessor and has a DHA (Defence Housing Australia) lease in place. Visit dha.gov.au to learn about the benefits of investing in DHA property. In accordance with DHA regulations we advise that this property will be available for private inspection only and to prequalified buyers only. Photos are supplied under agreement by DHA and are for illustration purposes only.

Please email or call Andrew or Donna to book an inspection or to make and offer.

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Property History for 18/26 Ballantine St, Chermside, QLD 4032

A timeline of how this property has performed in the market
Last Sold
$450,000
30 Jan 2024
  • 30 Jan 2024
    Sold for $450,000
  • 29 Aug 2022
    Listed for Sale $449,000
  • 15 May 2017
    Sold for $435,000

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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 7,568 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.

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