- About this property
- Explore Chermside
Ideal Investment or Renovator on 622m² of Prime Land!Property ID 1557873Positioned in one of Chermside's most desirable residential pockets, on an elevated 622m2 block which catches great breezes, this 2 bedroom post-war cottage represents great value for money at this price. Mostly in original condition, the home is currently tenanted with quality tenants in place, yet lends itself to an array of possibilities to upgrade and improve upon; an ideal opportunity for the astute investor or property enthusiast!
The location couldn't be better, being positioned just walking distance to schools, the inner north bus terminus, Westfield Chermside, Kedron Wavell RSL, parks, Chermside pool and the position offers easy access to the CBD, airport and major arterials.
*High ceilings throughout
*2 generous bedrooms
*Kitchen with meals area
*Front entry room which would be ideal for a study or home office
*622m2 land with a large back yard
*Be super quick!
LEASE IN PLACE UNTIL 8TH MARCH 2017
RETURNING $400 PER WEEK
VIEW AT SATURDAY OPEN HOME ONLY
Located about 10km 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