Back 101 Honour Avenue
Off Market

101 Honour Avenue

Chelmer QLD 4068

4
4
5
1034 m²
House
Charles WiggettCharles Wiggett, last sold this property on 20 May 2025 after 120 days on market.

Overview

Character property with high yield returns, development potential and endless possibilities

Unlock the full potential of this unique opportunity in the heart of Chelmer! Situated on a rare 1,034sqm block on two lots, this charming character property presents a unique chance to capitalize on high rental returns as you consider options for a lucrative redevelopment project STCA. Positioned just steps from Chelmer train station and only minutes to top-tier amenities, this property is primed for investors and renovators alike. The current layout incorporates four self-contained units – two studio apartments and two one-bedroom residences, each with air-conditioning, kitchen, living area and bathroom. Outdoors five undercover parking spaces and a large backyard also feature, with a huge undercroft storage area and shared laundry further enhancing its rental appeal. Traditional design elements of the original home feature throughout, including stained glass and casement windows, high ceilings and VJ walls. For those seeking to add value, the options are endless: renovate and modernize each unit to increase rental income, or reimagine the property as a grand single-family residence on a rare and expansive parcel of land. • Character property on huge 1034sqm block on 2 lots • Ideal for investment, renovation, redevelopment • Original features – VJ walls, high ceilings, stained glass and casement windows • Currently 4 self-contained units – 2 x studio, 2 x 1 bedroom with potential rental return of approx. $400/week each • 5 undercover car spaces, undercroft storage area, shared laundry, large backyard This sought-after location delivers fabulous balance of convenience and lifestyle. Close to riverside parklands and sporting facilities, this property is only 1.3km to Indooroopilly Shopping Centre for cinemas, dining and major retailers. Positioned within the catchment zones for Graceville State School and Indooroopilly State High school, with UQ’s St Lucia Campus just 6 minutes away making it ideal for university staff and students alike.

Features

4 bedrooms
4 bathrooms
5 carspaces
5 garage spaces
1034 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Chelmer over the last 12 months, the estimated median property value of 101 Honour Avenue is $1.84m.

Median value
$1.84m
Estimated value range
$1.26m - $4.35m
Median days on market
30
Estimated value trend
-20%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Chelmer. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 101 Honour Avenue

2025
Sold
Undisclosed
20 May 2025 by Charles Wiggett, of Hauss Realty

Happy sellers in Chelmer

<50%
Less than 50% of sellers in Chelmer reported that their sale price either exceeded or met their price expectations.

Chelmer stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in Chelmer over the last 12 months.

Local market activity for 4 bedroom houses in Chelmer

In the last 12 months, 25 four-bedroom houses similar to 101 Honour Avenue, have been sold.

This represents a 15% decrease in four-bedroom houses sales when compared to the previous 12 months.

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