Back 107/40 Playfield Street
Off Market

107/40 Playfield Street

Chermside QLD 4032

2
2
1
Unit
Megan AlexanderMegan Alexander, last sold this property on 13 June 2025 after 81 days on market.

Overview

Elevate your property portfolio with this rare investment opportunity strategically situated in the vibrant heart and thriving suburb of Chermside. This property offers an all-inclusive experience tailored for savvy investors, featuring a guaranteed rental return and promising long-term growth. You're met with a dedicated team committed to ensuring a seamless experience for yourself and your guests, eliminating the complexities of tenant management, leasing, and organising property maintenance. The unit is situated in a prime position with easy access to amenities, dining, and entertainment options. The property comprises two combined apartments fully furnished and designed to cater to a variety of guest groups. Features: Apartment 107A: - A full-sized kitchen with modern appliances - A bright bathroom with laundry facilities - An air-conditioned living area - A spacious bedroom with a balcony for guest relaxation Apartment 107B: - Includes a "King" size bed which can become x2 single beds - A conve

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Chermside over the last 12 months, the estimated median property value of 107/40 Playfield Street is $725k.

Median value
$725k
Estimated value range
$550k - $1.1m
Median days on market
23
Estimated value trend
15%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Chermside. 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 107/40 Playfield Street

2025
Sold
Undisclosed
Private Sale/Treaty on 13 Jun 2025 by Megan Alexander, of Place Purpose Group Stafford

Happy sellers in Chermside

93%
93% of sellers in Chermside reported that their sale price either exceeded or met their price expectations.

Chermside stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 30 reviews in Chermside over the last 12 months.

Local market activity for 2 bedroom units in Chermside

In the last 12 months, 60 two-bedroom units similar to 107/40 Playfield Street, have been sold.

This represents a 35% increase in two-bedroom units sales when compared to the previous 12 months.

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