38 Chermside Street, Grange, QLD 4051 | Property Value & History | OnTheHouse
 
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38 Chermside Street
Grange QLD 4051

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 95m2
Land area: 405m2
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Property Details for 38 Chermside St, Grange

Building Type
Commercial
Year Built
1950
Floor Size
95m2
Land Size
405m2
Local Government
Brisbane
Lot/Plan
243/RP18779

Last Listing description (October 2016)

Immediate strong cash flow is what you will have when you purchase this fantastic property sitting in the heart of Grange, only 5km to the CBD.
Features include:
- Three income streams; coffee shop lease, residential one bedroom flat and large 6x9m (approx) storage shed

- It is sitting on 405m2, with all the required Brisbane City Council consents in place
- Currently there is a combined rental return of approximately $38,000 gross, with further opportunity to increase with leasing the remainder of the storage shed
- This is a single title property i.e. no body corporate fees
- Full details, including leasing information and outgoings available on request
This is the perfect property investment allowing for immediate income, and possibilities for future development. Self managed super funds should not miss this opportunity! Buy now and settle before the end of financial year!

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Property History for 38 Chermside St, Grange, QLD 4051

A timeline of how this property has performed in the market
Last Sold
$645,000
23 Aug 2016
Listed for Rent
$290/w
09 Jul 2010
  • 23 Aug 2016
    Sold for $645,000
  • 19 May 2016
    Listed for Sale Offers above $650,000
  • 19 Mar 2013
    Sold for $520,000
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About Grange 4051

The size of Grange is approximately 1.8 square kilometres. It has 8 parks covering nearly 24.4% of total area. The population of Grange in 2016 was 4318 people. By 2021 the population was 4615 showing a population growth of 6.9% in the area during that time. The predominant age group in Grange is 40-49 years. Households in Grange are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Grange work in a professional occupation.In 2021, 74.20% of the homes in Grange were owner-occupied compared with 74.10% in 2016.

Grange has 1,807 properties. Over the last 5 years, Houses in Grange have seen a 93.47% increase in median value, while Units have seen a 103.66% increase. As at 30 November 2025:

  • The median value for Houses in Grange is $2,022,356 while the median value for Units is $985,472.
  • Houses have a median rent of $850 while Units have a median rent of $500.
There are currently 4 properties listed for sale, and 3 properties listed for rent in Grange on OnTheHouse. According to Cotality's data, 81 properties were sold in the past 12 months in Grange.

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© Copyright 2025. 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.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

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.

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