162 Chermside Road, Basin Pocket, QLD 4305 | House for sale | OnTheHouse
 
FOR SALE
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162 Chermside Road
Basin Pocket QLD 4305

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Land area: 822m2
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House on 2 Titles with Long Term Tenant

What a great investment, the house sits on a huge 822m2 block. The 3-bedroom chamferboard home built around about 1960 is built across 2 x 411m2 blocks. This means you have already two subdivided blocks. There are no retaining walls meaning no water issues or upkeep with maintenance or replacement. The blocks are flat so there is no need for cut and fill. There is no need to spend thousands of dollars getting the blocks ready to build on. Each block has a nice wide 11.7 (approx.) frontage.
The house was not flooded in all 3 past floods including 1974, 2011 and 2022. STCA you can remove the existing house and build 2 brand new homes. It's your choice, with all this potential.
The chamferboard house with a nice, tiled roof boasts 3 big bedrooms and a built-in verandah which is now used as a study/open area. The living space is quite large, and the kitchen/meals area is very big. The house is in very good condition for its age. With a long-term tenant that has been at the property for the last 8 years and wants to stay on. The tenants lease expires in October this year and this gives you the opportunity to raise the rent to the current market value of $600 per week. This also opens the door to a homeowner wanting to move in October this year.
The street appeal of the home is still very good today even after 60 odd years. The design is still very stylish and would still gather looks from people that pass by.
Outside the fully secured flat block is a double carport ideal for the caravan, boat and trailer etc. There is also room for a granny flat STCA.
Walking to Ipswich Girls Grammar School, East Ipswich State school and the local neighborhood shops is only minutes away. Take the train to Brisbane you do not need the bus or car either it is only a short stroll. If you do not like walking the bus stop is only 100m away.
This is your chance to secure a great home with so much potential and upscale. With holding income with a long-term tenant this is really a set and forget investment or you might want to move in October and create your own memories.
Please call Darren Boettcher to arrange your personal inspection.
Features:
. A rare find 822m2 block that already sits on 2 separate titles
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Property Details for 162 Chermside Rd, Basin Pocket

162 Chermside Rd, Basin Pocket is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 822m2. The place is currently for sale with The Agency Milton.

Building Type
House
Land Size
822m2
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About Basin Pocket 4305

The size of Basin Pocket is approximately 0.6 square kilometres. There are 2 parks, covering nearly 2.5% of the total area. The population of Basin Pocket in 2016 was 890 people. By 2021 the population was 931 showing a population growth of 4.6% in the area during that time. The predominant age group in Basin Pocket is 20-29 years. Households in Basin Pocket are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Basin Pocket work in a trades occupation.In 2021, 62.80% of the homes in Basin Pocket were owner-occupied compared with 61.20% in 2016.

Basin Pocket has 448 properties. Over the last 5 years, Houses in Basin Pocket have seen a 166.14% increase in median value, while Units have seen a 192.23% increase. As at 30 June 2026:

  • The median value for Houses in Basin Pocket is $803,103 while the median value for Units is $674,425.
  • Houses have a median rent of $530.
There are currently 2 properties listed for sale, and 1 property listed for rent in Basin pocket on OnTheHouse. According to Cotality's data, 21 properties were sold in the past 12 months in Basin pocket.

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Darren Boettcher
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The Agency Milton
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