226 Hamilton Road, Chermside QLD 4032

Perched on a huge 741m2 block, this solid post war home is positioned on the border of Chermside & Wavell Heights, and should not be overlooked by buyers searching for properties with main road frontage. Absolutely ideal for an investor or business owner to take advantage of the fabulous street exposure this property has to offer, the site is not only located a very short distance from Westfield Chermside, but the dominant position receives thousands of cars passing by daily, due to its close proximity to Newman & Pfingst Roads.The property offers many opportunities, and features a large amount of storage space underneath the dwelling, and side access leading to a huge amount of parking accommodation at the rear of the property.Located close to everything Chermside has to offer, with bus stops only steps away, and several professional services, such as childcare, shops and a multitude of businesses within close proximity; the location is ideal! The property is currently tenanted at $390 per week.Call Graham Carter of Ray White Chermside on 0411 222 666 for further information.SUBURB PROFILE:Located about 10km 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