204/40 Playfield StreetChermside QLD 4032
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. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 1 bedroom Apartment sold in Chermside in the last 12 months.
Last Listing description (November 2025)
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.
• Generous internal storage options throughout the apartment.
• Gym within the building for residents' exclusive use.
• Secure swipe key entry and allocated car parking for both residents and guests.
Additional Features:
• Modern lighting and finishes throughout.
• Convenient lift access within the complex.
• Fully secure car accommodation.
Approximate Distances:
• Westfield Chermside, 0.2km
• Chermside Aquatic Centre, 0.3km
• Kedron-Wavell Services Club, 0.3km
• Wavell Heights State School, 1.6km
• Chermside Bus Interchange, 0.2km
• Brisbane CBD, 7.5km
Approximate Fees:
• Rates $508.65 per quarter
• Water $364.83 per quarter
• Body Corporate $475 per quarter
This property presents a secure, hands off investment opportunity in one of Brisbane's most connected suburbs. With a long term lease in place until 2035 and the strength of the Quest brand behind it, investors can enjoy reliable rental income and peace of mind for years to come.
Cara Bergmann Properties provides expert property management services tailored to your investment needs. Contact us today for further details on this outstanding investment opportunity.
All information contained herein is gathered from sources we believe to be reliable, however we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
Property History for 204/40 Playfield St, Chermside, QLD 4032
- 09 Jan 2026Listed for Sale For Sale Now
- 15 Nov 2025Sold for $505,000
- 05 Nov 2025Listed for Sale Offers over $480,000
Recent sales nearby
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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 7,869 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.
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