Chermside is arguably the major growth centre outside of the CBD for Brisbane. We are proud to be offering to market this fabulous designed, stylish mid-sized development opportunity, only a short walk to the entertaining precinct, including Westfield shopping, restaurants and transit centre.

Located on a 713m2 corner block, with open space on 3 sides, which all adds to the overall design and views offered from all levels. With the DA in place, this is an ideal project to get started before the end of the year.

For further information on this property call Graham Carter on 0411 222 666

SUBURB PROFILE:
Located about a 10km 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