52 Hilltop Avenue, Chermside QLD 4032

Chermside - Block of 5 Units in Prime Location with Potential

Block Of Units
Type
9
Bedrooms
5
Bathrooms
5
Parkings

Last updated on Thursday, June 18, 2026 ( See property details for 52 Hilltop Avenue, Chermside QLD 4032)

For Sale

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A prime investment property comprising five fully leased strata units in Chermside, offering strong rental income, development potential, and excellent location benefits.

🏡 Property Highlights

  • Incredible investment opportunity with a block of 5 strata-titled units.
  • Positioned on a spacious 809sqm lot with MU2 - Mixed Use zoning.
  • All units are fully leased with a strong gross rental income of approximately $105,560 pa from 11/06/2024.
  • Prime location close to Chermside Shopping Centre, hospitals, and public transport.
  • No body corporate fees, offering cost-effective ownership.
  • Potential for future development into a high-rise complex (STCA).

✨ Key Features

  • 5 fully leased units including 4 x 2-bedroom and 1 x 1-bedroom units.
  • Each unit includes a lockup car space.
  • Recently updated units with new kitchens, bathrooms, paint, and carpets.
  • Long-term tenants with rent increases scheduled from June 2024.
  • Located within desirable school catchments: Craigslea State School & High School.
  • Close proximity to Westfield Chermside Shopping Centre and public transport.
  • Zoned MU2 - Mixed Use, offering development potential.
  • Solid brick construction with no ongoing body corporate fees.
  • Land size of 809sqm providing ample space for future development.
  • Affordable council rates and insurance costs.

Chermside is a vibrant suburb renowned for its excellent shopping, healthcare, and transport links. Key points include: proximity to Westfield Chermside Shopping Centre offering retail and entertainment options; close to major hospitals like Prince Charles and St Vincent's; well-connected via bus and tunnel networks to Brisbane CBD and airports; family-friendly environment with top schools nearby; and strong growth potential driven by ongoing infrastructure development and urban renewal initiatives.

What is the current rental income and potential for rent increases? Are there any restrictions or covenants on development due to MU2 zoning? What are the ongoing costs, including council rates and insurance? Is there potential for future redevelopment or high-rise development? What is the vacancy rate for similar properties in Chermside? How accessible are public transport options from this location? What are the benefits of owning a strata-titled property in this area? Are there any upcoming infrastructure projects that could impact the property? What is the history of rental yields for similar units in Chermside? What are the key advantages of investing in Chermside compared to other suburbs?

52 Hilltop Avenue, Chermside QLD 4032 - More Details

Chermside - Block of 5 Units in Prime Location with Potential

Type
Block Of Units
Bedrooms
9
Bathrooms
5
Parkings
5
Area
0.0

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