12/105 Farnell St, Chermside is a 1 bedroom, 1 bathroom Unit. The property has a land size of 27m2 and floor size of 27m2. While the property is not currently for sale or for rent, it was last sold in June 2007.
This well-presented motel unit at 12/105 Farnell Street, Chermside offers an excellent "set and forget" investment opportunity with stable, consistent income.
Located in a well-maintained complex, this unit is perfect for investors looking to diversify their portfolio with a low-maintenance, high-yield property.
Key Features:
Income Stability: Enjoy a hassle-free investment with regular income from a professionally managed motel operation.
Prime Location: Situated in the vibrant Chermside area, close to shopping, dining, public transport, and major hospitals, ensuring a steady stream of guests.
Low Maintenance: The motel management takes care of day-to-day operations, making it a truly hands-off investment.
Secure Returns: Benefit from a stable and secure income flow with long-term management agreements in place. This is a rare opportunity to own a piece of the thriving Chermside property market without the usual management headaches.
Whether you're a seasoned investor or new to the game, this property delivers excellent returns and peace of mind. Don't miss out on this lucrative investment. Contact us today for more information!
Disclaimer:
This property is advertised for sale without a price and as such, a price guide cannot be provided.
The website may have filtered the property into a price bracket for website functionality purposes.
Please do not make any assumptions about the sale price of this property based on website price filtering.
Pictures are of another unit in the motel due to availability.
The size of Chermside is approximately 4 square kilometres. It has 10 parks covering nearly 23.6% of total area. The population of Chermside in 2011 was 8,170 people. By 2016 the population was 9,313 showing a population growth of 14.0% 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 $1800 - $2399 per month on mortgage repayments. In general, people in Chermside work in a professional occupation. In 2011, 34.7% of the homes in Chermside were owner-occupied compared with 31.5% in 2016.
Chermside has 7,693 properties.
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