206/40 Playfield StreetChermside QLD 4032
Property Details for 206/40 Playfield St, Chermside
206/40 Playfield St, Chermside is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2009. The property has a land size of 89m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in February 2025. There are other 2 bedroom Unit sold in Chermside in the last 12 months.
Last Listing description (October 2024)
Currently generating over 5% yield per annum, minimal upkeep fees and on-site management at no additional cost with a Commercial lease with Quest Apartments.
Elevate your property portfolio with this rare investment opportunity strategically situated in the vibrant heart and thriving suburb of Chermside. This property offers an all-inclusive experience tailored for savvy investors, featuring a guaranteed rental return and promising long-term growth. You're met with a dedicated team committed to ensuring a seamless experience for yourself and your guests, eliminating the complexities of tenant management, leasing, and organising property maintenance.
Key Features:
- Guaranteed Rental Return: Benefit from a secure commercial lease agreement with Quest Apartments, providing stability and predictable income.
- Low Maintenance Investment: Experience hassle-free ownership with comprehensive property management and maintenance services handled by Quest Apartments.
- Spacious and Stylish Accommodation: The property comprises two combined apartments fully furnished and designed to cater to a variety of guest groups.
- Apartment 206A: Features a full-sized kitchen with modern appliances, a bright bathroom with laundry facilities, an air-conditioned living area, and a spacious bedroom with a balcony for guest relaxation.
- Apartment 206B: Includes two single beds, a convenient kitchenette, a full-sized bathroom, a dedicated work desk, and ample natural light from an expansive window.
- Versatile Guest Appeal: Designed to accommodate couples, families, and business travelers, ensuring high occupancy rates and consistent rental income.
Included Amenities:
- Conference Facilities
- Fully Equipped Gym
- Tour Desk for Local Excursions
- Broadband Internet Access
- Dry Cleaning Service
- Non-Smoking Property
- WiFi Internet Throughout
- Wheelchair Accessible Rooms
- Business Center Services
- Convenient Lift/Elevator Access.
Contact Greta today to explore this lucrative investment in Chermside and secure your stake in a thriving market!
Property History for 206/40 Playfield St, Chermside, QLD 4032
- 02 Feb 2025Sold for $478,000
- 03 Jul 2024Listed for Sale Offers over $550,000
- 24 Nov 2015Sold for $464,000
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About Chermside 4032
The size of Chermside is approximately 4.0 square kilometres. It has 10 parks covering nearly 23.6% of total area. The population of Chermside in 2016 was 9315 people. By 2021 the population was 11426 showing a population growth of 22.7% 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 $1400 - $1799 per month on mortgage repayments. In general, people in Chermside work in a professional occupation.In 2021, 31.60% of the homes in Chermside were owner-occupied compared with 31.50% in 2016.
Chermside has 7,853 properties. Over the last 5 years, Houses in Chermside have seen a 87.97% increase in median value, while Units have seen a 104.54% increase. As at 30 November 2025:
- The median value for Houses in Chermside is $1,211,121 while the median value for Units is $775,492.
- Houses have a median rent of $650 while Units have a median rent of $600.
Suburb Insights for Chermside 4032
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