SOLD
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Sold on 30 Aug 2024 for $880,000

26 Binkar Street
Chermside QLD 4032

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 86m2
Land area: 393m2
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Property Details for 26 Binkar St, Chermside

26 Binkar St, Chermside is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 1950. The property has a land size of 393m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom Townhouse sold in Chermside in the last 12 months.

Building Type
Townhouse
Year Built
1950
Floor Size
86m2
Land Size
393m2
Local Government
Brisbane
Lot/Plan
1/SP278282

Last Listing description (September 2024)

Welcome to an exclusive opportunity to own one of our exquisitely designed townhomes in the heart of Chermside. Perfectly positioned to offer both convenience and lifestyle, these townhomes are ideal for a range of buyers.

Located just 750 meters from Chermside Westfield and the bus terminal, 1.8 kilometers from Prince Charles Hospital, and 600 meters from Wavell Heights State School, our townhomes are situated in a prime location. You'll also enjoy proximity to Burnie Brae Park (200 meters), Kedron Wavell Tavern and Chermside Library (700 meters), and Marchant Park (1.7 kilometers). Plus, Brisbane CBD is only 10 kilometers away, making your commute to the city quick and easy.

These townhomes are perfect for first home buyers seeking a prime location, savvy investors looking for stable rental returns and maximized tax deductions, and downsizers wanting to move to a more central location with excellent amenities.

Each townhome features 3 bedrooms, 2 bathrooms, 1 car garage, and 1 open car space. Two corner units offer large outdoor spaces with approximately 75m of external area. Enjoy the benefit of an affordable body corporate fee of just $15 per week plus insurance, with a detailed schedule available upon request. High-quality internal and external finishes are a standard, with a finish schedule available upon request. Positioned on the highest point of the street, these townhomes provide superb views and a sense of prestige.

Main features in the finish schedules: (Full version upon request)

- Hybrid SPC Fiesta floorboard throughout (No Carpet)
- Low Silica Reconstituted Stone Kitchen Bench
- Robam appliance (Range Hood, Induction cook top, Oven and Dishwasher)
- Mitsubishi split air conditioning system ( one in each room plus one in the living)
- Electric hot water system

****Fact sheet:

- Around $800 per annum body corp fee plus insurance
- 80% built, estimated completion in November 2024
- Tax despeciation between $15,000 - $18,000 first year
- No swimming pool, gym and onsite manager to keep rates low
- Unit 2&9 is currently under contract, Unit 1,3,4,5,6,7,8 & 10 is still available

** Disclaimer** This information provided is indicative only and must not be relied upon unless confirmed by a party through their own due diligence

Property History for 26 Binkar St, Chermside, QLD 4032

A timeline of how this property has performed in the market
Last Sold
$880,000
30 Aug 2024
Listed for Rent
$500/w
09 Oct 2019
  • 30 Aug 2024
    Sold for $880,000
  • 12 Aug 2024
    Listed for Sale Starts From $930,000
  • 12 Jan 2022
    Listed for Sale Not Disclosed
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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 7,618 properties. Over the last 5 years, Houses in Chermside have seen a 78.04% increase in median value, while Units have seen a 63.86% increase. As at 31 August 2024:

  • The median value for Houses in Chermside is $1,015,105 while the median value for Units is $623,928.
  • Houses have a median rent of $580 while Units have a median rent of $570.
There are currently 69 properties listed for sale, and 43 properties listed for rent in Chermside on OnTheHouse. According to CoreLogic's data, 431 properties were sold in the past 12 months in Chermside.

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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.