6/33 Wallace Street, Chermside QLD 4032

This property is now Sold.

Located in a super handy, elevated position in a small complex, this spacious two bedroom unit is perfect for the first home buyer or astute investor.

With a good quality kitchen and tiled bathroom and a fresh neutral palette throughout. This oversized unit has a large separate dining area with it's own balcony and is located next to the large built-in kitchen with plenty of bench space and storage cupboards. There is a generous sized living area that leads onto your east facing balcony with views out towards Moreton Bay.

This unit ticks a lot of boxes for the astute investor looking to enjoy the rewards Chermside has to offer, including all the infrastructure of the local business and commercial precinct, Chermside's two hospitals, Westfield shopping town, local restaurants and close proximity to Brisbane's CBD for the city commuter. Your tenants will enjoy a cool afternoon breezes while overlooking the surrounding suburb and close proximity to all Chermside has to offer.

Currently rented at $350 p/w until 27 October 2015.

Body Corp fees $2,650 p/a.

Call Nick today 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. 2007 and 2009 in particular saw higher than usual sales numbers in the unit market with the release of a number of new developments.