With Chermside fast becoming the place to be in the northern suburbs, just about everything you can think of at your finger tips and a growing younger population, this prime parcel of development land is positioned less than 10km to the city centre and offers potential city views. Located only 2 minutes walk to Westfield Chermside, and the bus transit centre and 5 minutes to both hospitals, the site currently is currently occupied by 3 dwellings, each rented out to assist with holding costs.

This flat site offers over 1600m2, with has potential for up to a 12 storey residential development (STCA) and is in a prime location in the heart of Chermside. Positioned within close proximity to major infrastructure and job opportunities such as:
-Westfield’s Shopping
-Holly Spirit Hospital
-Prince Charles Hospital
-Fire and Ambulance services
-Transit centre
-Restaurants
-Swimming pool
Library and Post office
Kedron Wavell RSL Club + other social and professional services.

Please call Graham Carter on 0411 222 666 for further details on what this site has to offer.

*This property is being sold 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