2/115 Meemar Street, Chermside QLD 4032

Positioned opposite the 'Burnie Bray Park' in the heart of Chermside, this well laid-out 2 bedroom unit represents great buying at this price! Featuring a large open plan meals and living room, all flowing out to a generous grassed yard area, you will just love living here. The property is suited to a broad range of buyers; those who want a villa-style property with no stairs, investors, first home buyers, downsizers and young families.

Features include:
*2 built-in bedrooms
*Master with ensuite and air-conditioning
*Main bathroom with laundry
*Large modern kitchen with plenty of cupboard space and preparation area
*Open plan meals and living area
*Outside patio area
*L-shaped courtyard with lawn
*Single lock-up garage + plenty of visitor's parking available
*Unbeatable location
*Be super quick this one will be popular!

CURRENTLY TENANTED: $350 per week
LEASE END: 18th DEC 2015
BODY CORP: $829.53 per quarter
RATES: $313.58 per quarter (exc. Water)
INSPECTIONS: By appointment only (24 hours notice required)
COMPLEX: Well managed and neat complex of 12 units
YEAR BUILT: 2000

SUBURB PROFILE:
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