824 Gympie RoadChermside QLD 4032
Property Details for 824 Gympie Rd, Chermside
Last Listing description (October 2024)
• Fully leased currently returning $195,902 pa net + o/g + GST
• Multi-tenanted to a healthy mix of long term tenants
• 375sqm Building on a prime 465sqm corner site
• Premium corner opposite Westfield Chermside
• Future rental growth via annual increases + reviews to market
• Low maintenance & hassle free investment
• Retiring Vendors - 1st time offered for sale in 70 years
For further information or to arrange an inspection, please contact EXCLUSIVE AGENTS Raine and Horne Commercial.
Auction In-Rooms (if not sold prior) Wednesday 2 October 2024 at 11am at Raine & Horne Commercial - 337 Gympie Road, Kedron
Listing ID 1118760
Property History for 824 Gympie Rd, Chermside, QLD 4032
- 02 Oct 2024Sold
- 21 Aug 2024Listed for Sale Auction In-Rooms 02 October 2024
- 07 Jan 2020Listed for Rent - Price not available
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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.
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