Chermside - Prime 1,215m2 MDR Site

This property is Now Under Contract.

1,215m2 Of Prime Land - Zoned Medium Density - 30m Frontage

Two original post-war homes, one rented at $260 per week on a periodic tenancy the other in need of some repairs.

This 1,215m2 site is zoned medium density residential and is situated in the heart of Chermside, presenting an ideal opportunity for the right buyer to develop or possibly secure and land bank for future development.

The Chermside area has been issued with a PRAC (principal regional activity centre), one of only three in the Brisbane metro area (Mt Gravatt to the South, Indooroopilly to the West and Chermside to the North), accessible by high-quality public transport and serves as a focal point for employment, administration, cultural, entertainment, retail and service activities on the north side of Brisbane.

Development is consolidated around key activity nodes being The Prince Charles Public Hospital, The Holy Spirit Northside Private Hospital, Westfield Chermside Shopping Town Centre and the Gympie Road transit corridor, supporting major activity generators in these areas and using high levels of accessibility.

Other Major employers in the area are ATO (Australian Taxation Office), Kedron Wavell RSL, Brisbane domestic and international airports (located on the northside of the river and only 15 minutes from Chermside). Local private and state schools both primary and secondary are located throughout the area. Surrounding suburbs of Geebung, Zillmere and Virginia are also major employers in the area with light commercial and industry.

Developers / builders have taken this highly sought-after opportunity over recent years, to secure the future development of properties here in the Chermside area.

With multiple recently established apartment complexes nearby, the area is undergoing a major rejuvenation and a huge population growth and is a location which should not be overlooked by any astute purchaser.

With an elevated, Easterly rear aspect to catch the cool summer breezes and desirable site dimensions (Approximately 30m frontage X 40m deep), the design options are endless.

For more information contact selling agent Nick Thornton 0407736046