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20/10 Bailey Street New Farm, QLD 4005

Sold for $487,000 on 26 Sep 2025Floorplan
  • 1 Bed
  • 1 Bath
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20/10 Bailey Street, New Farm, QLD 4005

Unit in New Farm

Affordable Classical New Farm Living

  • 1 Bed
  • 1 Bath

Chaseley is a small old-world boutique complex located on quiet Bailey Street. Perfectly positioned just minutes from New Farm Park, Merthyr Village and the James Street precinct, this one-bedroom apartment presents an exceptional opportunity for entry-level first home buyers, young professionals and investors alike to get into the New Farm market.

The apartment has a smart, functional layout, that maximises space to deliver both comfort and efficiency. The kitchen is well-appointed with gas cooktop and ample storage. The good-sized bathroom has floor-to-ceiling tiles. Comfort is assured with split-system air-conditioning. The building is secure and well-maintained, offering peace of mind, low body corporate fees and a relaxed lifestyle just moments from everything New Farm has to offer.

  • Boutique, well-maintained, secure building of just 24 apartments
  • Secure 5sqm ground-floor storage room
  • Bike storage plus shared coin-operated laundry on the ground level
  • Pet-friendly complex
  • Low Body Corporate fees - approx. $800 per quarter
  • Current tenancy in place until December 2025, returning $260 per week
  • Potential rental appraisal: $400-$450 per week

Location
- 199 Bus Stop - approx. 100m
- Idle Bakery, Cartel De Taco, Chargrill Charlie's - the newest and best eateries, all within 300m
- Merthyr Village (Coles, New Farm Deli) - approx. 300m
- New Farm Park - approx. 500m
- New Farm Riverwalk - approx. 500m
- New Farm Park Ferry Terminals - approx. 750m
- James Street Precinct & The Calile Hotel - approx. 1km
- Brisbane Powerhouse - approx. 1km

So close to great public transport, schooling, a multitude of great restaurants/cafes, shopping and walk/bikeways. No need for a car in a location this close to everything. Opportunities to buy in such a fantastic location in New Farm at this value are super rare.

For further information and inspections, contact Dean Yesberg on 0408 558 882 or Ben Yesberg on 0439 797 166.

DISCLAIMER: While every effort has been made to ensure the accuracy of the information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries, and searches with all relevant authorities.

Building:

45m²

Bedrooms:

1

Bathrooms:

1