59 Mylne Street, Chermside QLD 4032

This property sits high on an elevated spacious 673m2 block, in a convenient quiet location, yet only a few minutes' walk away from the Chermside entertainment precinct. The original post-war home is ideal for rennovating with high ceilings and large lounge, Kitchen area and bedrooms, with a 3rd bedroom that is as extra large with direct access to the rear deck overlooking the fully fenced back yard with plenty of covered car and shed space, plus side access.
With advantages of being located a stone's throw from Westfield's and the popular Kedron Wavell service club, library, swimming pool, transport and all that Chermside has to offer, this property is ideal for the first home buyer/investor who is looking for good strong capital growth in this very popular pocket of Chermside.

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