CHERMSIDE QLD 4032
Under Contract

DESCRIPTION

1,859m2 HDR Chermside Site Bordering Parklands

SITE SPECIFIC
Total site area: 1,859m2
This site is comprised of 3 blocks - 10, 12 and 14 Curwen Tce, Chermside all with post war dwellings with current tenants paying a combined $1,120 per week.
10 Curwen Tce - 620m2
12 Curwen Tce - 622m2
14 Curwen Tce - 617m2

- City and Green space views
- Zoning: High Density Residential (HDR2)
- Within the Residential North precinct of the Chermside Neighbourhood Plan
- Up to 8 storeys*
- 200% GFA = 3,718m2*
* Subject to BCC approval

LOCAL AREA
- 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. This particular site located in Curwen Terrace enjoys all of the above qualities and more; specifically you can see below that this future development site is:
- 9km to CBD
- Walking distance to all amenities:
- backs onto parklands
- 600m2 to Holy Spirit and Prince Charles Hospitals
- 600m to Marchant Park and Seventh Brigade Park
- 500m to Westfield Chermside Shopping Centre and bus interchange (express to CBD)
- 300m to CBD bound Bus Stop via RBWH (end of your street)
- Quick access to tunnel
- airport link (Kedron entrance 5 min drive)

CHERMSIDE SUBURB PROFILE 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: Chermside Neighbourhood Plan and REIQ