498 Old Cleveland Rd, Camp Hill is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1920. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 3 bedroom House sold in Camp Hill in the last 12 months.
Offering high-income yield in Camp Hill, this newly converted and fully refurbished Queenslander has been transformed into an excellent investment, boasting rooming accommodation, with the charm of a traditional character home.
The four bedrooms suitable for double beds and lounge or office nook, are all self-contained, each featuring its own luxurious bathroom. There is easy access to the communal laundry, modern kitchen and a shared deck overlooking the leafy backyard. The large under croft storage area is positioned beneath the property, and there is on-site parking for up to four vehicles.
With all the hard work done and the property immaculately presented, the investor buyer can benefit from potential rental returns that will flow in from this investment.
Meticulously updated while retaining classic character details, the Queenslander ensures easy maintenance with new timber-look vinyl flooring, air-conditioning and ceiling fans.
Property features:
- Converted and fully refurbished Queenslander with city glimpses
- Remarkable Camp Hill investment in a sought-after precinct
- Potential approx. total $1400/week projected income when fully leased
- 4 bedrooms, each with its own private bathroom
- Communal kitchen and 4 kitchenettes per each individual tenant room
- Shared deck with a concealed laundry and views over the backyard
- On-site parking for up to 4 cars, side access, undercroft storage
- Split system air-conditioning and ceiling fans
- Rear ramp access for easy disability access
- Investment in a High-Demand Location
In a prime position on Old Cleveland Road, there are endless amenities within walking distance, and the CBD is 12 minutes away. The local cafe, hairdresser and clothing store are 200m away, and tenants can easily walk to restaurants and eateries for casual dining.
Only 150m from bus stops, travel is easy, and additional shopping and dining await at nearby Camp Hill Marketplace, Martha Street, Coorparoo Square and Westfield Carindale. Parks and sporting clubs are close at hand, and the property is moments from childcare, schools, Griffith University, QUT Gardens Point and inner-city hospitals.
Disclaimer: Whilst every care is taken in the preparation of the information contained in this marketing, Torres Property will not be held liable for any errors in typing or information. All interested parties should rely upon their own enquiries.
The size of Camp Hill is approximately 4.8 square kilometres. It has 14 parks covering nearly 19.7% of total area. The population of Camp Hill in 2016 was 11202 people. By 2021 the population was 12254 showing a population growth of 9.4% in the area during that time. The predominant age group in Camp Hill is 40-49 years. Households in Camp Hill are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Camp Hill work in a professional occupation.In 2021, 70.50% of the homes in Camp Hill were owner-occupied compared with 69.40% in 2016.
Camp Hill has 5,240 properties. Over the last 5 years, Houses in Camp Hill have seen a 89.30% increase in median value, while Units have seen a 116.26% increase. As at 28 February 2026:
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