S-O-L-D by Nick Thornton

This 607m2 site is the last available site for sale and development in the street. Greenbank street is one of the most favourable positions with easy access to Westfield shopping centre, Kedron-Wavell RLS club, Chermside library and Chermside splash fun park.

The home is a well cared for two bedroom, one bathroom residence with a large original kitchen dinner and large combined dining and lounge area. There is side access to the rear yard and car accommodation. The home is in good condition and would have a possible rental return of $360 to $380 per week.

The Chermside area is one of Brisbane’s most popular suburbs with excellent facilities including the two hospitals, The Prince Charles and Holy Spirit Northside. The new and improving north side’s popular shopping centre, Westfield Chermside with its bus terminus, Myer and David Jones department stores and many speciality shops, restaurants, megaplex picture cinemas. Other business include Australian taxation office and the close proximity of Brisbane’s domestic and international airports are major employers for the area.

For more information please call exclusive marketing agent Nick Thornton.

Located about a 12km drive north of the Brisbane CBD, Chermside is a well-established Brisbane suburb and is known for several local landmarks including the Prince Charles and Holy Spirit Northside Private Hospitals, Westfield Chermside and the very popular Kedron-Wavell Services club.

While the suburb still has many weatherboard homes constructed during the 1950s and 1960s, many higher density developments have been constructed in recent years. Unit and townhouse sales now make up over 60 per cent of residential sales in the suburb each year.

Chermside residents have witnessed a renewal phase in the suburb’s lifecycle assisted by the development of retail shopping facilities along Gympie Road and the relocation of the Australian Taxation Office as well as the development of the Northern Busway.

Westfield Chermside, the largest suburban shopping centre in Queensland, is the major retail anchor for all the surrounding suburbs and is the location of a major Busway station. With the development of the Northern Busway, Chermside is set to become Brisbane’s next satellite city.

Residents are well serviced by a variety of restaurants, retail businesses and leisure facilities such as the Chermside aquatic centre and a number of schools.

Investor activity is high in the area with a high proportion of rental dwellings in the suburb and healthy rental yields. 2007 and 2009 in particular saw higher than usual sales numbers in the unit market with the release of a number of new developments.