Back 5 Chermside Street
Off Market

5 Chermside Street

Teneriffe QLD 4005

3
1
2
443 m²
House
Last sold for $2,055,000
Hamish BowmanHamish Bowman, last sold this property on 12 October 2021 after 25 days on market.

Overview

Teneriffe Charm With Endless Opportunities

Occupying an enviable 443sqm parcel in one of Brisbane most prosperous suburbs, 5 Chermside Street offers a myriad of opportunities. While the home displays all the character charm of a Teneriffe Queenslander, there is opportunity to continue benefiting from the current investment income, renovate or build an additional dwelling at the rear of the property *STCA. A relaxed layout is complemented by traditional hardwood flooring, elevated ceilings, a selection of classic VJ walls throughout and windows allowing for ample natural light. Perfect for entertaining, the open kitchen connects seamlessly to a large deck overlooking the backyard. In terms of location, it doesn't get much better than this. 5 Chermside Street sits a stones throw from all the desirable amenities of the peninsula including: The Gasworks, James Street Precinct and Brisbane Riverwalk as well as some of the finest cafes and gyms 5 Chermside Street offers, but is not limited to: * 443sqm parcel of land in the heart of Teneriffe * Renovation by acclaimed Tim Stewart Architects * Quaint sunroom at entrance of home * Hardwood flooring, elevated ceilings, some VJ walls & ample natural light * Large deck connecting from kitchen & flowing out to expansive backyard * Two street frontage, dual access points; pedestrian access from street & car access from Hough Lane at rear * Ample space for parking at rear of property * Secure investment income until June 30 2022 * Opportunity to build additional dwelling at rear STCA * Property is currently utilised as an accounting firm * Short walk to Gasworks Precinct, Riverwalk * Near James Street, Howard Smith Wharves as well as local schools, gyms and cafes * Close to local schools including Holy Spirit and New Farm State School This property will now be going to Auction on Tuesday October 19th, on site at 5:30PM. For further information or to book a private inspection, please contact Hamish Bowman on 0410 044 463 or Tom Lyne on 0423 696 862.

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
443 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Teneriffe over the last 12 months, the estimated median property value of 5 Chermside Street is $3.86m.

Median value
$3.86m
Estimated value range
$1.72m - $4.8m
Median days on market
52
Estimated value trend
52%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Teneriffe. 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 5 Chermside Street

2021
Sold
$2,055,000
12 Oct 2021 by Hamish Bowman, of Ray White New Farm

Happy sellers in Teneriffe

94%
94% of sellers in Teneriffe reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 15 reviews in Teneriffe over the last 12 months.

Local market activity for 3 bedroom houses in Teneriffe

In the last 12 months, 7 three-bedroom houses similar to 5 Chermside Street, have been sold.

This represents a 43% increase in three-bedroom houses sales when compared to the previous 12 months.

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