Land for sale

48-50 Henry Street,

Chermside, QLD

0 0 0
By Negotiation

Two Street Frontage 1,262m2 MDR Site

Total site area: 1,262m2
This site is an amalgamation of 48 (607m2) and 50 (655m2) Henry Street to be sold collectively. 48 Henry is improved by a tidy post war home and 50 Henry features a newly renovated 2-storey modern post war plus granny flat, with a combined rental income of approx. $1,100-$1,200 while you seek an approval. This site is close to the hospital precinct with quick and easy connection to Gympie Road and Westfield Chermside.

- Zoning: Medium Density Residential (MDR)
- Within the Residential South precinct of the Chermside Neighbourhood Plan
- Up to 6 storeys *

LOCAL AREA Chermside is identified as a Principal Regional Activity Centre (PRAC) of Brisbane - one of only 4. A PRAC is of regional significance, is accessible by high quality public transport and serves as a focal point for employment, administration, cultural, entertainment, retail and service activities.

- 8km to CBD
-Two Street Frontage - Henry St and Abarth St
Walking distance to all amenities:
- Park across the road (Abarth St)
- 70m to ALDI (laneway across the road takes you directly to ALDI)
- 500m to Holy Spirit and Prince Charles Hospitals
- 400m to Burnie Brae Park
- 300m to John Patterson Park
- 550m to Westfield Chermside and bus interchange (express to CBD)
- 300m bus stop to Brisbane CBD, 334 Chermside
- City via Kedron
- 125m from Chermside Bowls Club
- 900m Marchant Park and Seventh Brigade Park
- Quick access to tunnel
- airport link (Kedron entrance 5 min drive)

Chermside is a well-established Brisbane suburb & is known for several local landmarks including the Prince Charles & Holy Spirit Northside Private Hospitals, Westfield Chermside & the very popular Kedron-Wavell Services club. The suburb still has many weatherboard homes constructed during the 1950s & 60s, many higher density developments have been constructed in recent years. Unit & townhouse sales now make up over 60% 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 Rd & the relocation of the Aus. 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 surrounding suburbs & 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 & leisure facilities such as the Chermside aquatic centre & a number of schools. Investor activity is high in the area with a high proportion of rental dwellings in the suburb & healthy rental yields. 2007 & 2009 in particular saw higher than usual sales numbers in the unit market with the release of a number of new developments. *Source: Chermside Neighbourhood Plan and REIQ
Last updated: 02:33AM on Feb 10th 2018
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LJ Hooker Chermside

813 Gympie Road
Chermside QLD, 4032
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