What a ripper of a day! I came across this newly listed property at 15 Ashley Rd, Chermside West. I think it’s a property with fantastic investment potential.

Ashley St Chermside FacadeAshley St Facade

This property is like a young Mark Waugh. Superb with the bat. Great with the ball. Classy in the field. An all rounder. Very liveable. Great spaces with much potential.

Layout

The property is a double storey with 260m2 of internal space.

A decent size on 1,015m2 of Chermsodian land with 3 bedrooms, 2 bathrooms and 2 car spaces.

Ash Chermside InteriorAshley St Interior

The property has a formal living area, formal dining area, casual dining room, kitchen, laundry, rumpus room, storage closet, split system air-conditioning and workshop.

Comparable

The most comparable property I found was at 14 Sommerville Place which sold for $780k in November 2016.

Ashley St Chermside FloorplanAshley St Floorplan
Sommerville Pl Chermside FloorplanSommerville Pl Floorplan
Sommerville Pl Chermside FacadeSommerville Pl Facade
Sommerville Pl Chermside InteriorSommerville Pl Interior

Land size is a little larger on 1,121m2.

Property is singe storey with modern interiors. In many ways comparable to 15 Ashley Rd.

Pricing

The guide price is $750k+. I think around this figure is realistic for something of this size.

Investment Potential

It has a smashing frontage over 25m2.

Ash Chermside GardenAshley St Garden

Decent rental returns of upwards of $650+ per week.

Only 13km to Brisbane CBD.

The irony with this property is it’s not Junior. It’s more like a Senior. Stephen!

Have a great day!


Dean Berman