644 Gympie RoadChermside QLD 4032
Property Details for 644 Gympie Rd, Chermside
Last Listing description (April 2023)
Blue Commercial as the exclusive sales agents are excited to present to the market for sale the freehold interest of Chermside Motor Inn at 644 Gympie Road, Chermside via an Expressions of Interest campaign closing 4pm Wednesday 14 December 2022.
Key Investment Highlights
- 22 room motel that has been operating since 1982
- Strategic 1,621m2 corner site
- Outbound side of Gympie Road, Brisbane's major northern arterial road
- Exposure to over 75,000 vehicles per day
- Passive income stream returning $231,700p.a. net with 4 year WALE and a further 4 x 5 year options
- Flexible redevelopment options Mixed use (centre frame) zoning, 12 storey height limit, 300% maximum of GFA site area (STCA)
- Strong demand for short term accommodation due to close proximity to - Prince Charles Hospital which provides for 340,000 episodes of care each year
- 500m from Westfield Chermside, Australia's second largest shopping centre
644 Gympie Road, Chermside is being offered for sale via Expressions of Interest closing 4pm Wednesday 14 December 2022. All enquiries, information requests, inspection arrangements and lodgment of offers are to be directed to the exclusive selling agents.
Property History for 644 Gympie Rd, Chermside, QLD 4032
- 15 Dec 2022Sold for $4,350,000
- 22 Nov 2022Listed for Sale Contact Agent
- 03 Aug 2007Sold for $2,460,000
Recent sales nearby
See more recent sales nearby/assets/perm/u76adtn5uyi6nmj2fxdr6v4ioi?signature=810fe124f392956afe86ef62812c99b5df85161e28f05594d5d8f1877f12bdb1){kind=logo}
0/assets/perm/va73feya7ai65owcfw4by7ck7m?signature=1c06a7193172e8d881432f41a17ea11c77cce724e48c64b96634cd2f6b178cbb){kind=logo}
0
/assets/perm/wkf6cpg5gui63lxqxwrd7elq5e?signature=ac89cd0d8346ac9ecdf8c63cc0a25e5717516460ac5800daf595954879beec6f){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
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 7,856 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.
Suburb Insights for Chermside 4032
Market Insights
Chermside Trends for Houses
N/A
N/A
View TrendN/A
N/A
Chermside Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
