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20 Western Avenue,
Chermside 4032, Queensland

3 bedrooms
1 bathroom
668m² land size
House

$1,340,000


Property details

PRIME DEVELOPMENT SITE/ LAND-BANKING

A rare opportunity exists here for astute developers or investors, with this medium sized development site. Situated in an elevated, flood-free position in a super convenient location, the property lends itself to an attractive proposition for those in the market for their next real estate project. Alternatively, investors could land bank and continue leasing the property out, while planning for future development.

Perfectly located a short walk from Westfield's Shopping and Entertaining precinct, and the popular Kedron Wavell service club, Hospitals, transport and all that Chermside has to offer, this solid built Postwar home is ideal for the land-banking investor, as currently leased, at $500 per week to July 2025.

Features include.
-High Density Zoning -Up to 10 Storeys (STCA)
-Elevated 668m2 flood free block
-Under 10km to the Brisbane CBD
-Walk to major Westfield shopping precinct less than 500m
-Walk to express city bus and transit Centre
-Solid hardwood frame, weather board and steel roof
-Hardwood floors under, ideal for Polishing
-Large Original style Kitchen in good condition
-Postwar property built in the late 1940s to early 1950s
-Holding rental income for land banking and future development
-Currently least at $500 per week to July 2025

For more information call Graham Carter on 0411 222 666

Explore the area


School catchments

  • Craigslea State School Primary Prep-6 Government 0.80km
  • Wavell Heights State School Primary Prep-6 Government 1.4km
  • Somerset Hills State School Primary Prep-6 Government 1.7km
  • Our Lady of the Angels' School Primary Prep-6 Catholic 1.8km
  • Aspley State School Primary Prep-6 Government 1.9km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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