Land for sale

21-23 Sparkes Street,

Chermside, QLD

0 0 0
By Negotiation

1,075sqm Mixed Use Site in Heart of Chermside

Michael Giraldo from LJ Hooker Chermside is proud to present to the market this fantastic investment and development opportunity. This site on offer comprises 2 blocks (21 and 23 Sparkes Street), both with detached dwellings, currently cared for by their long term owners. The development potential is ripe and ready to be realised by the astute developer; see key facts below.

Total site area: 1,075m2
21 Sparkes Street: 607m2
23 Sparkes Street: 468m2

10km north of Brisbane CBD
Zoning: Mixed Use (MU2)
Within the Chermside Centre Activity Precinct, Mixed Use sub precinct of the Chermside Centre Neighbourhood Plan
This precinct allows up to 12 Storeys and 300% GFA
No Flood Overlay
(Subject to BCC approval)

Chermside is identified as a Principal Regional Activity Centre (PRAC) of Brisbane; one of only 4.
A PRAC is of regional significance and is accessible by high quality public transport and serves as a focal point for employment, administration, cultural, entertainment, retail and service activities.
A walkers paradise with all amenities within walking distance, a walkscore of 95 out of 100:

200m to Westfield Chermside Shopping Centre and bus interchange (express to CBD)
550m to Holy Spirit and Prince Charles Hospitals
Quick access to tunnel; airport link (Kedron entrance 5 min drive)

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.

All dimensions and measurements are approximate.
DISCLAIMER: All information contained therein is gathered from relevant third party sources. We cannot guarantee or give any warranty about the information provided. Interested parties must rely solely on their own enquiries
Last updated: 03:57AM on Oct 16th 2017
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LJ Hooker Chermside

813 Gympie Road
Chermside QLD, 4032
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