This substantial renovated home sits on a 562m2 MP2 (Multi Purpose) zoned block, within walking distance of the Chermside Shopping Centre.

Options are to land bank with a good secure return, from this fully renovated home or develop into units and/or commercial subject to DA approval. The property is location directly opposite Burnie Brae park and centre which offer a multitude of service for the over 50s community and is extremely popular in the area.

It has been completely renovated new kitchen, new bathroom, new plumbing and new wiring, and with polished floors throughout the top floor.The ground floor features a large granny flat / teenager’s retreat / home office with a separate entrance door, and also provides garaging for three cars with automatic garage door access on all three.

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