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GREAT OPPORTUNITY FOR A DEVELOPMENT SITE! 1292m²
- Land: 1,292m² (0.32 acres)
An exciting opportunity exists here for the astute developer to take advantage of this large high density development site. HDR2 sites allow for a significant residential development (Subject to BCC Approval), and the opportunities here are endless. The two properties sit on an elevated corner position in a prime part of popular Chermside.
- Walking distance to the newly developed Westfield Shopping Centre
- Walking distance to Prince Charles & Holy Spirit Hospitals
- Close to schools, public transport and all local amenities
- Land bank for the future
This is a desirable, up and coming location with exciting new restaurants and cafes coming soon to the fabulous new Westfield Chermside.
PHONE CINDY MCGRATH OF RAY WHITE CHERMSIDE
FOR FURTHER DETAILS ON 0407 639 561.
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
1,292m² / 0.32 acres
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
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