28 Sparkes StreetChermside QLD 4032
Property Details for 28 Sparkes St, Chermside
28 Sparkes St, Chermside is a 8 bedroom, 5 bathroom Unit with 5 parking spaces. The property has a land size of 810m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
Last Listing description (November 2021)
An ideal opportunity presents itself for land banking whilst taking advantage of the current rental income from 5 flats. Located in the ever popular and constantly developing suburb of Chermside. Set in a convenient street this block has lot of potential on offer.The block is zoned MU2 Centre Frame allowing for a mix of business / retail + residential and a maximum building height of 6 storeys (Building heights subject to neighbourhood plans) This unit block is in a prime location: 450m to major Westfield Chermside shopping precinct + Transport Hub 1.4km to The Prince Charles Hospital + Holy Spirit Private Hospital 13km to Brisbane City 11km to Brisbane Airport Wavell Heights State School + Craigslea State High School Catchment All flats are in reasonable condition and have current fixed term leases in place ranging from 12 24 months. Current rental return is $1200 per week Brisbane City Council rates $1770.62 per quarter Block size is 810m2, on two lots and zoned Mu2 Mixed Use. Block dimensions 21m x 38.9m Unit block is not currently strata titled. The street is currently being developed, don't miss your opportunity to make the maximum potential or simply sit on this nest egg. These flats would make the perfect addition to any property portfolio or to hold and generate cash flow while getting Developement approval. 5 flats consisting of: 3 x 2 Bedroom, 1 bath + 1 car garage ( 45sq meters approx ) 2 x 1 Bedroom, 1 bath + 1 car garage ( 35 sq meters approx )Disclaimer: If this property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Property History for 28 Sparkes St, Chermside, QLD 4032
- 23 Sep 2021Sold for $1,550,000
- 19 Sep 2021Listed for Sale Price Guide $1.5 - $1.6million
- 19 Feb 2011Listed for Rent - Price not available
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About Chermside 4032
The size of Chermside is approximately 4.0 square kilometres. It has 10 parks covering nearly 23.6% of 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 7,855 properties. Over the last 5 years, Houses in Chermside have seen a 87.92% increase in median value, while Units have seen a 105.13% increase. As at 31 December 2025:
- The median value for Houses in Chermside is $1,200,743 while the median value for Units is $789,721.
- Houses have a median rent of $650 while Units have a median rent of $610.
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