SOLD
Sold on 23 Apr 2024 for $465,000

502/59 Latham Street
Chermside QLD 4032

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 56m2
Land area: 77m2
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Property Details for 502/59 Latham St, Chermside

502/59 Latham St, Chermside is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 77m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 1 bedroom Unit sold in Chermside in the last 12 months.

Building Type
Unit
Year Built
2016
Floor Size
56m2
Land Size
77m2
Local Government
Brisbane
Lot/Plan
502/SP258692

Last Listing description (June 2024)

This stylish high-end apartment situated on the 5th floor is certain to impress with great natural light, modern fixtures, and brilliant outdoor entertaining area. Couple that with the perfect location, only a short stroll to the Prince Charles Hospital, and near Westfield Chermside with an array of dining and shopping options plus public transport this one is not to be missed!

When you first enter the apartment, you will be instantly impressed by the free flowing design. The property boasts a modern kitchen with plenty of storage, quality appliances and ceasar stone bench tops. There is a perfectly designed living, dining area that opens out onto a generous balcony for that morning coffee.
If you are looking to work from home and you desire a change from the magic balcony then there is also a separate study nook to utilise at your convienience.

The large master is attached to a classy modern dual entry ensuite with generous shower, there are also sleek and convenient sliding doors that offer the flexibility to completely close off the master bedroom or have it more open plan depending on your personal preference.
This apartment is brilliant for those looking to get a foot in the door in the current market and represents sensational value in this location. Investors can also get excited with this one as it represents great value and a high demand product for tenacy and currently has a fantastic rental return of $480pw!

Additional features include

- Modern high-quality construction
- Spacious open and practical living and dining
- Sleek Kitchen with ceasar stone tops, plenty of storage, under bench oven and chic
black tapware
- Large balcony that allows utilisation of a larger floor space
- Air conditioning in the main area
- Separate office nook for those who work from home and require a little extra
privacy
- Large modern ensuite with floor to ceiling tiles and same stylish black tapware
- The bedroom has sliding doors, which allow the room to interact seamlessly with the
rest of the apartment if desired
- Fully secure car park
- Intercom access and high-level security
- Proximity to Westfield Chermside, Kedron Wavell Services Club, Chermside Library
and Pool, Prince Charles Hospital and major Bus terminal.

Please contact Tom Walden on 0417 761 851 to ensure you don't miss out!!

Complex: Pandana
Year Built: 2014
Gross Quarterly Rates: $480.95
Quarterly Body Corporate Fees Approx: $1,011.40
Current Rental: $480 per week

Property History for 502/59 Latham St, Chermside, QLD 4032

A timeline of how this property has performed in the market
Last Sold
$465,000
23 Apr 2024
Listed for Rent
$390/w
17 Jan 2023
  • 23 Apr 2024
    Sold for $465,000
  • 22 Apr 2024
    Listed for Sale For Sale
  • 30 Dec 2022
    Listed for Rent $390 / week
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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 7,627 properties. Over the last 5 years, Houses in Chermside have seen a 72.58% increase in median value, while Units have seen a 66.96% increase. As at 30 September 2024:

  • The median value for Houses in Chermside is $997,709 while the median value for Units is $638,308.
  • Houses have a median rent of $588 while Units have a median rent of $570.
There are currently 68 properties listed for sale, and 47 properties listed for rent in Chermside on OnTheHouse. According to CoreLogic's data, 432 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.