9/12-20 Ballantine Street, Chermside, QLD 4032 | Apartment for sale | OnTheHouse
 
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9/12-20 Ballantine Street
Chermside QLD 4032

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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High-Yield Dual-Key Property with Value-Add Upside

Positioned in the heart of Chermside, this rare dual-key residence at 9/12-20 Ballantine Street presents an outstanding investment or lifestyle opportunity on a single title. Offering two fully self-contained one-bedroom/studio apartments across two levels (Unit 9 and Unit 31), this versatile property delivers flexibility, strong rental appeal, and the potential for dual income.
Unit 31, the upper-level apartment, is easily accessible via elevator, providing convenience and broad tenant appeal. It features a light-filled open-plan layout with a well-appointed kitchenette, private bathroom, and comfortable living/sleeping zone. Complete with ceiling fans and a split system air-conditioning unit, it ensures year-round comfort with low-maintenance ease.
Downstairs in unit 9, the studio offers its own private entrance along with a valuable outdoor patio-perfect for relaxing or entertaining. Also equipped with ceiling fans and split system air-conditioning, this residence mirrors the functionality of the upper level while adding the bonus of private outdoor space and enhanced privacy.
Whether you're an investor looking to maximise returns or an owner-occupier wanting to live in one and rent out the other, this property ticks all the boxes. The dual-key configuration allows for independent leasing, increasing yield potential while maintaining flexibility.
Adding even further appeal, there is exciting scope to renovate and enhance both residences to maximise rental returns or future capital value. There is also be potential (subject to council and body corporate approval) to explore separating the two apartments onto individual titles-unlocking additional value and resale flexibility.
Situated in a highly sought-after location, you'll enjoy close proximity to Westfield Chermside, public transport, parks, schools, and major arterial roads, ensuring strong tenant demand and long-term growth.
Key Features:
• Dual-key property on one title
• Two self-contained studio/1-bedroom apartments
• Elevator access to upper-level residence
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Property Details for 9/12-20 Ballantine St, Chermside

9/12-20 Ballantine St, Chermside is a 2 bedroom, 2 bathroom Apartment. The place is currently for sale with Ray White Nundah.

Building Type
Apartment
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About Chermside 4032

The size of Chermside is approximately 4.0 square kilometres. There are 10 parks, covering nearly 23.6% of the 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 7,867 properties. Over the last 5 years, Houses in Chermside have seen a 85.70% increase in median value, while Units have seen a 115.78% increase. As at 30 April 2026:

  • The median value for Houses in Chermside is $1,314,002 while the median value for Units is $859,536.
  • Houses have a median rent of $670 while Units have a median rent of $650.
There are currently 38 properties listed for sale, and 26 properties listed for rent in Chermside on OnTheHouse. According to Cotality's data, 358 properties were sold in the past 12 months in Chermside.

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Saskia Hicks
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Ray White Nundah
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