Apartment 509 Evoke

Property Overview

Market price$477,500
Market rent$470 p/wk
AddressApartment 509,Mermaid

Expression of interest

Fill in the form below to get more information about this property.

Chermside is a hive of employment activity. Thanks to a plethora of employers including
~ The Australian Taxation Office Regional Office,
~ The Prince Charles Hospital,
~ The Holy Spirit Private Hospital,
~ The Kedron Wavell RSL and of course
~ Westfield Chermside
In fact, Chermside is one of the largest employment nodes on Brisbane's north side. More and more businesses are following the flourishing economic trend and seeking commercial office space in or around Chermside.
Together with the unprecedented amount of infrastructure that has and is taking place in the district, this dynamic level of commercial development will further stimulate job growth in the area, which will in turn increase demand for affordable residential accommodation close to the workplace. With growth and demand high and vacancy rates low, this is the perfect time to invest.
Chermside is one of Brisbane's most exciting suburbs, and is home to the largest regional shopping centre in Queensland.
The suburb is located on the north side of Brisbane, approximately 10km from the CBD. Over the last decade Chermside has been transformed, thanks in part to the Westfields Chermside shopping centre.
The suburb features a large and diverse range of retail and commercial businesses. In addition to the retail and commercial development, Chermside is also home to the large Prince Charles Hospital and Holy Spirit Northside Private Hospital. Chermside has many outdoor recreational facilities, including two large parks, 7th Brigade Park and Marchant Park.
Due to its strong infrastructure and facilities, as well as good public transport, the area has been tipped as a future 'mini CBD' of Brisbane. Surrounding suburbs include Wavell Heights, Kedron, Aspley and Zillmere.
Chermside and the immediate surrounding suburbs offers residents a substantial choice of educational facilities ranging from day care centres to primary and secondary schools. The suburb and immediate surrounds is home to more than 20 primary and secondary schools including Wavell Heights Primary, Craigslea State School, Summerset Hills Primary, Geebung Primary, Wavell State High School, Mt Alvernia College and Padue College.
Chermside's workforce is projected to grow by almost 7,000 persons between 2011 and 2031 placing the suburb in the top ten fastest growing areas by economic sector. Growth is projected to occur across the Industrial and Population Serving (retail) sectors.
Rental data provided by the Residential Tenancies Authority (RTA) highlights the preference for units and apartments over townhouses. Units and apartments consistently achieve higher median rents than townhouses across Brisbane with the same number of rooms, which is indicative of the earning potential of new apartments in this thriving suburb;
Chermside is demonstrating this similar preference for units and apartments, with rental rates in most cases being higher for apartments than detached dwellings. This is particularly the case for new apartments; Solid high demand for quaility apartments from tenants, creates robust & sustainable investor opportunities.

Call 1300 67 27 28 to find out more or quickly register now on this page and we will contact you to talk about your investment objectives to refine what may best suit your personal circumstances.