Site Specifics

• Price: Offers Over $799,000
• Listing Method: For Sale
• Property Type: House
• Status: Development Potential - Mixed Use Zoning (MU2)
• Land Size: 610sqm

Description

UNDER CONTRACT - Mixed use site in heart of chermside

Michael Giraldo secured offers within 3 days of listing the property and after negotiating with multiple parties across 3 states, a deal was agreed with a local investor.

Michael Giraldo from Giraldo Property is proud to present exclusively to the market, 14 Bouchard St, a mixed use development opportunity only metres from Westfield Chermside. This well located site has everything you need within walking distance.  Shops, parks and bus transport at your doorstep. This opportunity will suit an astute investor or developer looking to capitalise on this enviable location. The site is currently improved by a post war home featuring 3 bedrooms + sunroom and teenager retreat extension with similar homes renting for approximately $400-$450 per week.

Only a short stroll to the newly renovated Westfield Chermside, a $355 Million dollar redevelopment, adding 95 new retailers, 12 new restaurants and 13 new street food style vendors completed mid 2017. Along with the Westfield, 14 Bouchard St is only moments away from the Hospital Precinct and the many parklands spread throughout Chermside.

Development Potential

The property is zoned for mixed use development (MU2) and located within the Chermside Neighbourhood Plan area, allowing for residential and non-residential uses.

A similar sized block within the same locality was approved for 9 apartments plus a ground floor tenancy.

Contact Michael for an initial planning report that outlines further details to the potential for this block.

Locality

The property allows for quick access to the airport link and Clem7 Tunnels (Kedron entrance 5 min drive) and walking distance to all amenities, no car needed.
As defined by walkscore.com, 14 Bouchard St is a "Walker's Paradise" with a rating of 97/100 rating - https://www.walkscore.com

•  80m to Chemist Warehouse
• 110m to Chermside Medical Centre and Day Hospital
• 110m to Westfield Chermside Shopping Centre and bus interchange (express to CBD)
• 600m to Holy Spirit and Prince Charles Hospitals
• 700m Marchant Park and Seventh Brigade Park

Appetite is strong for well designed and well located owner occupier product, capitalise now! Contact Michael Giraldo to discuss this opportunity and see how Giraldo Property can assist you to realise your potential.