9/12 Ballantine Street, Chermside, QLD, 4032

For Sale

9/12 Ballantine Street, Chermside, QLD, 4032

Offers Over $660,000

Apartment

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30+ days on the market

What's around 9/12 Ballantine Street

High-Yield Dual-Key Property with Value-Add Upside

Positioned in the heart of Chermside, this rare dual-key residence at 9/12-20 Ballantine Street presents an outstanding investment or lifestyle opportunity on a single title. Offering two fully self-contained one-bedroom/studio apartments across two levels (Unit 9 and Unit 31), this versatile property delivers flexibility, strong rental appeal, and the potential for dual income. Unit 31, the upper-level apartment, is easily accessible via elevator, providing convenience and broad tenant appeal. It features a light-filled open-plan layout with a well-appointed kitchenette, private bathroom, and comfortable living/sleeping zone. Complete with ceiling fans and a split system air-conditioning unit, it ensures year-round comfort with low-maintenance ease. Downstairs in unit 9, the studio offers its own private entrance along with a valuable outdoor patio-perfect for relaxing or entertaining. Also equipped with ceiling fans and split system air-conditioning, this residence mirrors the functionality of the upper level while adding the bonus of private outdoor space and enhanced privacy. Whether you're an investor looking to maximise returns or an owner-occupier wanting to live in one and rent out the other, this property ticks all the boxes. The dual-key configuration allows for independent leasing, increasing yield potential while maintaining flexibility. Adding even further appeal, there is exciting scope to renovate and enhance both residences to maximise rental returns or future capital value. There is also be potential (subject to council and body corporate approval) to explore separating the two apartments onto individual titles-unlocking additional value and resale flexibility. Situated in a highly sought-after location, you'll enjoy close proximity to Westfield Chermside, public transport, parks, schools, and major arterial roads, ensuring strong tenant demand and long-term growth. Key Features: • Dual-key property on one title • Two self-contained studio/1-bedroom apartments • Elevator access to upper-level residence • Private patio for the downstairs apartment • Ceiling fans and split system air-conditioning in both units • Separate entrances for each residence • Value-add potential via renovation or reconfiguration (STCA) • Possible future individual titling opportunity (STCA) • Ideal for dual income or multi-generational living • Low-maintenance investment opportunity • Prime Chermside location close to amenities Please note, the scheme has accreditation with the Department of Housing as accommodation for "independent living for ages 55 and over" and only permits single occupancy based on the NCC.