SOLD
Sold on 10 Sep 2024 for $330,000

7/541 Rode Road
Chermside QLD 4032

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 86m2
Land area: 55m2
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Property Details for 7/541 Rode Rd, Chermside

7/541 Rode Rd, Chermside is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2010. The property has a land size of 55m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 1 bedroom Unit sold in Chermside in the last 12 months.

Building Type
Unit
Year Built
2010
Floor Size
86m2
Land Size
55m2
Local Government
Brisbane
Lot/Plan
7/SP233595

Last Listing description (October 2024)

With a guaranteed monthly rental income of $1,712.00 per month and annual CPI increase's, this is a great investment opportunity. With skilled, on-site managers safeguarding your investment, this property is stress-free from normal leasing hassles.
Apartment 7 is a one-bedroom property within the Essence Apartments complex, located within walking distance to Prince Charles and St Vincent's Hospitals. The Apartments are very popular with visitors to the hospitals and long stay corporate guests.
Features of the Apartment;

Fully equipped kitchen with stone bench tops, dish drawer & stainless steel appliances
Full furniture package
Large bedroom with queen bed
Lounge area, leading to a private balcony
Work station, wall-mounted LCD TV
Ducted air conditioning, timber floors & double glazed windows
Quality fixtures, fittings and modern, stylish furnishings throughout
Lock-up, secure undercover parking space for one vehicle

The Apartment is also supported by facilities and services including meeting rooms, guest lounge garden terrace, laundry room & secure parking. Manned reception from 7 am to 8 pm, ensures assistance is always at hand for guests.

Conveniently located to Westfield Chermside Shopping Centre you also have fast access to Brisbane's CBD and the Gateway to reach the Gold & Sunshine Coasts. Brisbane Airport via Airport Link Tunnel is only 10km away.

Guaranteed Rent: $1,712.00 per month until 4 April 2025.
You will have the choice of extending the fixed term agreement for an additional 3 or 5 years.
Body Corp Fees:
Admin - $3,064 per annum - paid in two instalments
Sinking Fund - $1,686.40 per annum - paid in two instalments
Sinking Fund: $388,169.50 as at 30/06/2023

Brisbane City Council Rates: $480.95 per quarter
No Water or Electricity costs

This hassle-free investment is sure to be popular in the current market. Call John Andrew for further information today.

Disclaimer:
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Property History for 7/541 Rode Rd, Chermside, QLD 4032

A timeline of how this property has performed in the market
Last Sold
$330,000
10 Sep 2024
  • 10 Sep 2024
    Sold for $330,000
  • 26 Aug 2024
    Listed for Sale Early to Mid $300K's
  • 22 Dec 2009
    Sold for $304,000

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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.

Suburb Insights for Chermside 4032

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Contact agent
John Andrew
Show contact details
Place Nundah
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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.