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About this property
This well-presented motel unit at 12/105 Farnell Street, Chermside offers an excellent "set and forget" investment opportunity with stable, consistent income. Located in a well-maintained complex, this unit is perfect for investors looking to diversify their portfolio with a low-maintenance, high-yield property. Key Features: - Income Stability: Enjoy a hassle-free investment with regular income from a professionally managed motel operation. - Prime Location: Situated in the vibrant Chermside area, close to shopping, dining, public transport, and major hospitals, ensuring a steady stream of guests. - Low Maintenance: The motel management takes care of day-to-day operations, making it a truly hands-off investment. - Secure Returns: Benefit from a stable and secure income flow with long-term management agreements in place. This is a rare opportunity to own a piece of the thriving Chermside property market without the usual management headaches. Whether you're a seasoned investor or new to the game, this property delivers excellent returns and peace of mind. Don't miss out on this lucrative investment. Contact us today for more information! Disclaimer: This property is advertised for sale without a price and as such, a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. Please do not make any assumptions about the sale price of this property based on website price filtering.
Property Details
- Property Type
- apartment
- Listing Type
- Sold
- Bedrooms
- 1
- Bathrooms
- 1
- Parking
- 1
- Listed
- 3 months ago
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Neighbourhood
Living in Chermside
This 1-bedroom apartment in Chermside, QLD 4032 sits within reach of public transport, local shops local amenities.
What's nearby
- Hamilton Rd at Farnell Street, stop 39 (bus) — 235 m away
- Comics, Manga, & Colletables — 360 m away
- John Patterson Park — 185 m away
- Unnamed — 291 m away
- Unnamed — 527 m away
Chermside at a glance
Full suburb profile- Population
- 11,426
- Median age
- 35
- Household income
- $1,419/wk
- Median rent
- $370/wk
- Median mortgage
- $1,690/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Chermside price trend
Median sold · Unit 1 bed
Compound growth +14.6% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Chermside marketThis listing
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