204/40 Playfield Street, Chermside, QLD 4032 | Apartment for sale | OnTheHouse
 
FOR SALE
Offers over $480,000

204/40 Playfield Street
Chermside QLD 4032

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 54m2
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Exceptional Investment Opportunity in the Heart of Chermside

PLEASE NOTE TO VIEW THE PROPERTY IS BY APPOINTMENT ONLY - This property is offered exclusively as an investment opportunity. Occupancy or personal residence is not allowed.
This is a fantastic investment opportunity for anyone seeking strong returns and long term growth potential. Currently leased by the reputable Quest Hotel chain with a secure lease in place until 2030 and an option to extend, this property provides consistent income in one of Brisbane's most in demand locations.
Perfectly positioned in the vibrant hub of Chermside, this modern and well maintained apartment sits within a secure complex featuring a gym and excellent onsite facilities. The location offers unbeatable convenience, being right next to the Chermside bus interchange, providing direct transport access across Brisbane.
Key Features:
• Tiled open plan kitchen and living/dining area with LG air conditioning.
• Modern kitchen featuring Fisher & Paykel stainless steel oven, Fisher & Paykel half stainless steel dishwasher, stainless steel rangehood, electric ceramic cooktop and ample storage.
• Carpeted bedroom and living/dining areas with sheer and blackout curtains.
• Bedroom includes a walk in robe with mirrored doors, LG air conditioner and TV mount.
• Spacious bathroom with disabled access and modern fittings.
• Balcony with a leafy outlook and small ramp for easy access.
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Property Details for 204/40 Playfield St, Chermside

204/40 Playfield St, Chermside is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 54m2. The place is currently for sale with Cara Bergmann Properties .

Building Type
Apartment
Floor Size
54m2
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About Chermside 4032

The size of Chermside is approximately 4.0 square kilometres. It has 10 parks covering nearly 23.6% of total area. The population of Chermside in 2016 was 9315 people. By 2021 the population was 11426 showing a population growth of 22.7% 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 $1400 - $1799 per month on mortgage repayments. In general, people in Chermside work in a professional occupation.In 2021, 31.60% of the homes in Chermside were owner-occupied compared with 31.50% in 2016.

Chermside has 7,855 properties. Over the last 5 years, Houses in Chermside have seen a 86.21% increase in median value, while Units have seen a 101.20% increase. As at 31 October 2025:

  • The median value for Houses in Chermside is $1,202,585 while the median value for Units is $747,418.
  • Houses have a median rent of $650 while Units have a median rent of $600.
There are currently 34 properties listed for sale, and 43 properties listed for rent in Chermside on OnTheHouse. According to Cotality's data, 401 properties were sold in the past 12 months in Chermside.

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Cara Bergmann
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Cara Bergmann Properties
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