SoldNov 15, 2025

204/40 Playfield Street, Chermside, QLD, 4032

$505,000

1
1
1
54 m²

Apartment

10 days on the market

Sold: Nov 15, 2025

What's around 204/40 Playfield Street

Exceptional Investment Opportunity in the Heart of Chermside

PLEASE NOTE TO VIEW THE PROPERTY IS BY APPOINTMENT ONLY - This property is offered exclusively as an investment opportunity. Occupancy or personal residence is not allowed. This is a fantastic investment opportunity for anyone seeking strong returns and long term growth potential. Currently leased by the reputable Quest Hotel chain with a secure lease in place until 2030 and an option to extend, this property provides consistent income in one of Brisbane's most in demand locations. Perfectly positioned in the vibrant hub of Chermside, this modern and well maintained apartment sits within a secure complex featuring a gym and excellent onsite facilities. The location offers unbeatable convenience, being right next to the Chermside bus interchange, providing direct transport access across Brisbane. Key Features: • Tiled open plan kitchen and living/dining area with LG air conditioning. • Modern kitchen featuring Fisher & Paykel stainless steel oven, Fisher & Paykel half stainless steel dishwasher, stainless steel rangehood, electric ceramic cooktop and ample storage. • Carpeted bedroom and living/dining areas with sheer and blackout curtains. • Bedroom includes a walk in robe with mirrored doors, LG air conditioner and TV mount. • Spacious bathroom with disabled access and modern fittings. • Balcony with a leafy outlook and small ramp for easy access. • Generous internal storage options throughout the apartment. • Gym within the building for residents' exclusive use. • Secure swipe key entry and allocated car parking for both residents and guests. Additional Features: • Modern lighting and finishes throughout. • Convenient lift access within the complex. • Fully secure car accommodation. Approximate Distances: • Westfield Chermside, 0.2km • Chermside Aquatic Centre, 0.3km • Kedron-Wavell Services Club, 0.3km • Wavell Heights State School, 1.6km • Chermside Bus Interchange, 0.2km • Brisbane CBD, 7.5km Approximate Fees: • Rates $508.65 per quarter • Water $364.83 per quarter • Body Corporate $475 per quarter This property presents a secure, hands off investment opportunity in one of Brisbane's most connected suburbs. With a long term lease in place until 2035 and the strength of the Quest brand behind it, investors can enjoy reliable rental income and peace of mind for years to come. Cara Bergmann Properties provides expert property management services tailored to your investment needs. Contact us today for further details on this outstanding investment opportunity. All information contained herein is gathered from sources we believe to be reliable, however we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

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Seller's review

5 months ago

Highly recommended

Cara Bergmann provided excellent service throughout our real estate experience. Her communication was clear, timely, and consistent, keeping us informed every step of the way. She demonstrated top-notch negotiating skills and handled the process with professionalism and integrity. We would highly recommend Cara to anyone looking for a trustworthy and capable real estate agent.

S
Seller

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