OFF MARKET

194 Maundrell Terrace
Chermside West QLD 4032

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 305m2
Land area: 585m2
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Last updated 14 Oct 2024
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Property Details for 194 Maundrell Tce, Chermside West

194 Maundrell Tce, Chermside West is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1983. The property has a land size of 585m2 and floor size of 305m2. While the property is not currently for sale or for rent, it was last transferred in May 2010.

Building Type
House
Year Built
1983
Floor Size
305m2
Land Size
585m2
Local Government
Brisbane
Lot/Plan
2/SP191300

Last Listing description (December 2012)

BLUE CHIP INVESTMENT WITH FANTASTIC CASH FLOW
Exclusive to the market is this wonderful opportunity for investors to grab a deal of a lifetime. Located in a prime position of West Chermside, there is transport at the door with buses travelling to the city and universities.
The property features 6 bedrooms, 5 out of the 6 bedrooms are returning a healthy $ 1010 per week or $ 52,520 annually with scope to increase the annual earnings. The returns are 2x Rooms @ $220p/w per room and 3x Rooms @ $190p/w per room. The property is to be sold with all furniture, making it a fantastic opportunity for the investors.

??? Rooms are king and queens size all with built ins fully lockable
??? High speed internet
??? Wall mounted TV
??? Ceiling fans
??? Secure entry
??? Fully ducted air conditioning throughout
??? Lounge area
??? Dining area
??? Study area
??? Washing machine
??? Clothes dryer
??? Double garage
??? Outdoor deck area
??? Entertainment area
??? Security
These types of properties are rare to the market and with a very healthy return and room to increase profit this unique property will appeal to the astute investor.
Sustainability Declaration is available from Harrison Real Estate Office.
Harrison Real Estate: Ph 07 3357 4888 or Margaret Edwards on 0402 327 635

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Property History for 194 Maundrell Tce, Chermside West, QLD 4032

A timeline of how this property has performed in the market
Last Transferred
$650,000
03 May 2010
Listed for Rent
$200/w
06 Dec 2012
  • 14 Aug 2012
    Listed for Rent - Price not available
  • 07 Feb 2012
    Listed for Rent - Price not available
  • 18 Nov 2011
    Listed for Sale 900000
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About Chermside West 4032

The size of Chermside West is approximately 3.6 square kilometres. It has 11 parks covering nearly 27.2% of total area. The population of Chermside West in 2011 was 6,120 people. By 2016 the population was 6,456 showing a population growth of 5.5% in the area during that time. The predominant age group in Chermside West is 40-49 years. Households in Chermside West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Chermside West work in a professional occupation. In 2011, 78.5% of the homes in Chermside West were owner-occupied compared with 73.7% in 2016.

Chermside West has 2,678 properties. Over the last 5 years, Houses in Chermside West have seen a 83.38% increase in median value, while Units have seen a 66.03% increase. As at 30 September 2024:

  • The median value for Houses in Chermside West is $1,057,218 while the median value for Units is $817,157.
  • Houses have a median rent of $670 while Units have a median rent of $623.
There are currently 17 properties listed for sale, and 5 properties listed for rent in Chermside west on OnTheHouse. According to CoreLogic's data, 104 properties were sold in the past 12 months in Chermside west.

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