2/27 Mermaid Street, Chermside QLD 4032

This Property is NOW UNDER CONTRACT

This two bedroom ground floor unit is position perfect with a short distance to local and major shopping and Chermside two hospitals, The Holy Spirit and Prince Charles.

This property would suit the investor, first home buyer or retiree looking to downsize.

The generous sized living area opens to a tiled patio area and large rear courtyard. The well appointed kitchen opens onto a side paved courtyard for alfresco dining.

Main bedroom with walk-in robe and tiled ensuite is a good size. Second bedroom also has built-in robes and also opens onto the side courtyard.

Family sized main bathroom with shower over plunge bath and is large enough with a laundry.

Lockup garage and a small complex of only 5 quality built units.

Currently rented to great tenants until 11/01/2015 at $360 per week.

Body corp fees $1,420 per year.

Don't delay this ground floor unit has a lot to offer.

Contact marketing agent Nick Thornton for more information.

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.