Apartment for Sale
- About this property
- Explore Chermside
Your Premiere Lifestyle Choice in ChermsideProperty ID 1549888TOWER 1: SOLD OUT
TOWER 2: OVER 87% SOLD (ONLY 9 REMAINING)
COMPLETION EXPECTED NOVEMBER 2016
Property Solutions are proud to bring you the second stage of their highly successful Arbour on Charlotte project in the blooming urban renewal suburb of Chermside.
These apartments tick all the boxes for discerning owners & investors, with spacious 1 & 2 bedroom floor plans, all with liveable outdoor. Arbour on Charlotte offers a premium location within one block of a vibrant retail centre and public transport hub, and only 15 minutes from the Brisbane CBD.
Arbour has been planned for low-maintenance living that liberates those who live there to enjoy the location, its high level of amenity and employment opportunities in a balanced and engaged way.
The 8 level building's distinctive architecture maximises the benefits of the balmy Queensland climate in terms of natural light and airflow. Arbour on Charlotte offers a variety of floor plans that deliver a range of dwelling choices to suit differing household types and lifestyles.
ABOUT UNIT 2101
> Located on the 1st level
> 56m2 internal floor area
> 14m2 balcony space
> 70m2 Total floor area
> Charlotte St (East)
> Colour scheme - Mist
> $350p/wk estimated rental return
> Annual body corporate contributions: $2798.61
> Weekly body corporate contributions: $53.52
> Council rates: $300 p/qtr (approx.)
> Water rates: $250 p/qtr (approx.)
A superb design and highly sought after layout
> Premium interior design and finishes
> Wool blend carpets
> Designer tiles
> Stone bench-tops to kitchen
> High quality S/S appliances
> 4 burner gas cook-tops
> Built-in wardrobe to bedroom
> Deluxe ensuite
> Air-cond to bedroom & living
LIVING AT ARBOUR ON CHARLOTTE
From the creators of the famous James Street Precinct & The Barracks in Paddington, Arbour on Charlotte offers a chance to secure an affordable blue chip investment. The development comprises 143 apartments set across two residential towers (Only 9 Units remaining in the 2nd tower). Located on the doorstep of Queensland's largest shopping centre, the development is within 2 minutes' walk to Chermside Aquatic Centre, 5 gyms and an abundance of recreational and retail amenity. Chermside is the destination precinct for North Brisbane.
AN IDEAL TIME TO INVEST IN CHERMSIDE
Research has shown that demand for apartments in Chermside is far higher than supply, with vacancy rates lower than the Brisbane average at just 2.5%. The area also has a strong rental culture, with the 2011 census showing that 58% of households in the area were renting and paying a median weekly rent $20 a week higher than the median Qld rent.
A rental appraisal on Arbour on Charlotte shows investors can expect to charge up to $380 per week for a one bedroom apartment, with a rental yield of around 5.1% and up to $490 a week for a two bedroom apartment with average yields of around 4.8%. As the suburb is dominated by the younger generations, both singles and couples, working in white collar and professional occupations with a higher income than the state average, the one and two bedroom apartments are in high demand. This will only continue to grow with predictions the suburb's population will double by 2026, creating demand for over 4,000 new dwellings.
Chermside offers abundant local employment. This is predicted to grow by 7,000 jobs by 2031, making it one of Brisbane's top 10 suburbs for economic growth.
Key local employment opportunities include the Australian Taxation Regional Office, the Prince Charles Hospital, the Holy Spirit Private Hospital, the Kedron-Wavell RSL and Westfield Chermside. What all of this adds up to is the ideal investment picture rising demand, strong economic prospects and increasing potential for property value.
DISCLAIMER. The information and imagery contained in this advertisement is set out as a general outline and is to be read subject to the terms and conditions of the contract of sale. No warranty is given that the information is or will remain accurate, complete, or free from error. This advertisement has been prepared using information provided by third parties, which is passed on for what it is worth. Intending purchasers are required to carry out their own investigations for their own benefit and satisfaction. Furniture depicted is provided as guide only and does not form part of any contract of sale. To the extent permitted by law, Casselman Pty Ltd T/as Ray White Chermside ACN 064 600 237, its officers, employees and agents exclude all liability for any loss or damages (including indirect, special or consequential loss or damage), however caused (including by way of negligent act or omission) arising out of or in connection with the information contained in this advertisement. Artists' impressions are indicative only. Finishes, fixtures and fittings are subject to change at any time without notice. Not all units will have full height glass.