54 Meemar Street, Chermside QLD 4032

This 2 bedroom plus large study or 3rd bedroom plus en-suit property would make an ideal home or investment in this highly sought after pocket of Chermside. Situated in what is arguably the best residential streets in Chermside. As you drive down Meemar Street you will see the new modern homes and many properties that have been transformed back to original condition with lots of money being spent by proud owners.

Possibilities are many. You could move straight in or rent out, or give a quick makeover or go the full lift and renovate to give fantastic views and take full advantage of its position in this elevated, high side of the street location.

The property is located a stone's throw from Burnie Brae park and Wavell Heights primary school and a few minute's walk to Chermside Shopping centre and the popular Kedron Wavell service club.

Ideal for the first home buyer/investor or maybe your needing to downsize and not keen on living in a unit or townhouse complex.

For more information call Graham Carter 0411 222 666


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