Featuring a wide 20+ meter frontage (approx.) and being zoned Medium density residential, which allows for a 3-5 storey development (Source: BCC Website), the opportunities this unique property offers are endless. Positioned only a short stroll from bus stops, Westfield Chermside and the Prince Charles and Holy Spirit Hospitals, the location is perfect for investors. Currently tenanted, the property would be ideal for land banking until ready to be developed (STCA).

Features include:
*3 generous bedrooms
*Polished timber floors throughout
*Renovated kitchen and bathroom
*Open plan living and dining flowing out to a large timber entertaining deck
*Good sized front and rear yard
*Loads of storage under
*Wide 20m (approx.) frontage
*Unbeatable location handy to all that Chermside has to offer!
*Be super quick this property will be sold!

*This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionally purposes.

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