832 & 834 Gympie Road,
Chermside, QLD 4032
Shops & Retail • Medical & Consulting • Development Sites & Land
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Exceptional Investment Opportunity - Directly Opposite Westfield Chermside
Gard Property is pleased to present 832 & 834 Gympie Road, Chermside - a commanding investment opportunity positioned on the crossroad of Brisbane’s best arterial retail spine.
Key Features:
• Prime Location: Positioned in the heart of the Chermside and Gympie Road’s commercial core, the property benefits from unrivalled exposure to over 75,000 vehicles daily and is directly opposite Westfield Chermside.
• Attractive Income: Boasting a diverse tenancy mix across 6 tenancies and providing a WALE on income of 2.37 years (as at July), this asset generates a net income of approximately $272,910 per annum.
• Development Upside: Boasting a highly flexible MU2 Mixed Use zoning, this site is code assessable for a 12-storey development across a multitude of uses and viability is supported for these uses through immediate proximity to key commercial infrastructure.
For sale by Expressions of Interest.
Key Features:
• Prime Location: Positioned in the heart of the Chermside and Gympie Road’s commercial core, the property benefits from unrivalled exposure to over 75,000 vehicles daily and is directly opposite Westfield Chermside.
• Attractive Income: Boasting a diverse tenancy mix across 6 tenancies and providing a WALE on income of 2.37 years (as at July), this asset generates a net income of approximately $272,910 per annum.
• Development Upside: Boasting a highly flexible MU2 Mixed Use zoning, this site is code assessable for a 12-storey development across a multitude of uses and viability is supported for these uses through immediate proximity to key commercial infrastructure.
For sale by Expressions of Interest.
Chermside, 4032 demographic data
The median household income for Chermside is $1,419, 23% lower than Greater Brisbane's household income of $1,849. Chermside has a younger age profile compared to the rest of Greater Brisbane (median age 35 vs 36). Property ownership data shows 46% of property owners in Chermside have a mortgage.
11,426
Population
$1,419 per week
Median household income
35 years
Median age
Renters
Most residents
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Most households
Gard Property
Level 18, 10 Eagle StreetBRISBANE CITY, QLD 4000
832 & 834 Gympie Road
Chermside, QLD 4032
Gard PropertyLevel 18, 10 Eagle Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
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