101 Honour Ave, Chelmer is a 4 bedroom, 4 bathroom House with 5 parking spaces and was built in 1935. The property has a land size of 1034m2 and floor size of 197m2. While the property is not currently for sale or for rent, it was last sold in April 2025. There are other 4 bedroom House sold in Chelmer in the last 12 months.
Unlock the full potential of this unique opportunity in the heart of Chelmer! Situated on a rare 1,034sqm block on two lots, this charming character property presents a unique chance to capitalize on high rental returns as you consider options for a lucrative redevelopment project STCA. Positioned just steps from Chelmer train station and only minutes to top-tier amenities, this property is primed for investors and renovators alike.
The current layout incorporates four self-contained units two studio apartments and two one-bedroom residences, each with air-conditioning, kitchen, living area and bathroom. Outdoors five undercover parking spaces and a large backyard also feature, with a huge undercroft storage area and shared laundry further enhancing its rental appeal.
Traditional design elements of the original home feature throughout, including stained glass and casement windows, high ceilings and VJ walls. For those seeking to add value, the options are endless: renovate and modernize each unit to increase rental income, or reimagine the property as a grand single-family residence on a rare and expansive parcel of land.
Character property on huge 1034sqm block on 2 lots
Ideal for investment, renovation, redevelopment
Original features VJ walls, high ceilings, stained glass and casement windows
Currently 4 self-contained units 2 x studio, 2 x 1 bedroom with potential rental return of approx. $400/week each
5 undercover car spaces, undercroft storage area, shared laundry, large backyard
This sought-after location delivers fabulous balance of convenience and lifestyle. Close to riverside parklands and sporting facilities, this property is only 1.3km to Indooroopilly Shopping Centre for cinemas, dining and major retailers. Positioned within the catchment zones for Graceville State School and Indooroopilly State High school, with UQs St Lucia Campus just 6 minutes away making it ideal for university staff and students alike.
The size of Chelmer is approximately 1.8 square kilometres. It has 8 parks covering nearly 10.6% of total area. The population of Chelmer in 2016 was 2998 people. By 2021 the population was 3325 showing a population growth of 10.9% in the area during that time. The predominant age group in Chelmer is 10-19 years. Households in Chelmer are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Chelmer work in a professional occupation.In 2021, 82.00% of the homes in Chelmer were owner-occupied compared with 78.30% in 2016.
Chelmer has 1,210 properties. Over the last 5 years, Houses in Chelmer have seen a 59.80% increase in median value, while Units have seen a 124.18% increase. As at 30 November 2025:
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