It’s not very often an opportunity comes along to own an entire block of newly built apartments in the hot suburb of Chermside.
Located on one of the highest points in Chermside with fabulous views in all directions from the mountains to the coast to the city, and close to the hospital precinct and only a couple of minutes walk to Westfield shopping centre, this stylish boutique complex consists of a Ground floor, 2 bed, 2 bath apartment with a private courtyard with private access to the street from the rear, plus a private secure lockup garage with internal access to apartment. The first and second levels both have 1 x 2 bed, 2 bath and 1 x 3 bed, 2 bath, with a second balcony of the 3rd bedroom as well as the large lifestyle balcony off the living areas. All the apartments are fitted with quality fixtures and air-conditioned with a bright open feel.

Owning this whole complex would give a good solid return for many years to come, and with the added bonus that the complex sits on a high density multi-purpose zoning which would give the advantage of a much larger development in the future.

For more details call Graham Carter on 0411 222 666

SUBURB PROFILE:
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. Source: REIQ