FOR SALE
For Sale by Negotiation

67 Reinhold Crescent
Chermside QLD 4032

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 647m2
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PARKSIDE HOME or DEVELOPMENT PROJECT

This rare Parkside property is Perfect for a unit or Townhouse development project, with 647m2 LMR (Low to Medium Residential) zoning, having the potential to develop (STCA) or landbank for future growth. The property is in the super convenient location only a few minutes' walk to Westfield Chermside shopping and situated in a quiet location overlooking 7th Brigade Park, with an abundance of activities for all the family.
Also, an ideal opportunity to build your dream home, as other families have recently done, to take advantage of the Parkside location which offer a great lifestyle, with so much to offer in Chermside, and only a short walk.
The existing home is a solid Post War, weatherboard & tile dwelling and has wonderful dark polished timber floors throughout, 3 large bedrooms and a renovated modern bathroom. Fully fenced yard, secure for kids and pets and have direct access into the park.
- Backs onto 7th Brigade Park which offers walking and bike tracks, dog park + playgrounds
- Close to Westfield Chermside shopping + entertainment complex
- Short walk to Kedron Wavell RSL + Chermside Library
- Local school catchments are, Wavell Heights State School and Wavell State High School
- Walk to Chermside Bus Interchange - only 20 min to CBD
- 10km from Brisbane CBD
The current property is leased until July 2025 for $500 per week, with an option to extend, if you choose to sit and hold and develop in the future.
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Property Details for 67 Reinhold Cres, Chermside

67 Reinhold Cres, Chermside is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 647m2. The place is currently for sale with Ray White Clayfield.

Building Type
House
Land Size
647m2

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About Chermside 4032

The size of Chermside is approximately 4 square kilometres. It has 10 parks covering nearly 23.6% of total area. The population of Chermside in 2011 was 8,170 people. By 2016 the population was 9,313 showing a population growth of 14.0% in the area during that time. The predominant age group in Chermside is 20-29 years. Households in Chermside are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Chermside work in a professional occupation. In 2011, 34.7% of the homes in Chermside were owner-occupied compared with 31.5% in 2016.

Chermside has 7,574 properties. Over the last 5 years, Houses in Chermside have seen a 72.58% increase in median value, while Units have seen a 66.96% increase. As at 30 September 2024:

  • The median value for Houses in Chermside is $997,709 while the median value for Units is $638,308.
  • Houses have a median rent of $588 while Units have a median rent of $570.
There are currently 69 properties listed for sale, and 34 properties listed for rent in Chermside on OnTheHouse. According to CoreLogic's data, 411 properties were sold in the past 12 months in Chermside.

Suburb Insights for Chermside 4032

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Graham Carter
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Bohdie Carter
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Ray White Clayfield
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.