194 Maundrell Tce, Chermside West is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1983. The property has a land size of 585m2 and floor size of 305m2. While the property is not currently for sale or for rent, it was last transferred in May 2010.
BLUE CHIP INVESTMENT WITH FANTASTIC CASH FLOW
Exclusive to the market is this wonderful opportunity for investors to grab a deal of a lifetime. Located in a prime position of West Chermside, there is transport at the door with buses travelling to the city and universities.
The property features 6 bedrooms, 5 out of the 6 bedrooms are returning a healthy $ 1010 per week or $ 52,520 annually with scope to increase the annual earnings. The returns are 2x Rooms @ $220p/w per room and 3x Rooms @ $190p/w per room. The property is to be sold with all furniture, making it a fantastic opportunity for the investors.
The size of Chermside West is approximately 3.6 square kilometres. It has 11 parks covering nearly 27.2% of total area. The population of Chermside West in 2016 was 6458 people. By 2021 the population was 6965 showing a population growth of 7.8% in the area during that time. The predominant age group in Chermside West is 30-39 years. Households in Chermside West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Chermside West work in a professional occupation.In 2021, 71.30% of the homes in Chermside West were owner-occupied compared with 73.70% in 2016.
Chermside West has 2,700 properties. Over the last 5 years, Houses in Chermside West have seen a 96.89% increase in median value, while Units have seen a 85.33% increase. As at 30 November 2025:
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