15 Buruda Street, Chermside QLD 4032

FANTASTIC TOWNHOUSE DEVELOPMENT POTENTIAL

House
Type
3
Bedrooms
1
Bathrooms
1
Parkings

Last updated on Friday, August 14, 2026 ( See property details for 15 Buruda Street, Chermside QLD 4032)

$1,300,000

Graham Carter Sales & Marketing Consultant
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A modernised post-war home on a flat 607m2 block in Chermside, offering excellent development potential and strong rental returns in a prime central location.

🏑 Property Highlights

  • Prime 607m2 flat block with 15m frontage in Chermside
  • Potential for future development with zoning upgrade to High Density (STCA)
  • Modernised post-war home with contemporary fixtures and fittings
  • Excellent rental income of approximately $650-$700 per week
  • Highly desirable central Chermside location close to Westfield Shopping Centre
  • Flood-free, flat block ideal for land banking and future projects

✨ Key Features

  • Open-Plan Living
  • Air Conditioning
  • Built-in Robes
  • Outdoor Area
  • Shed
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
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15 Buruda Street
Chermside, QLD 4032
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Vertical aerial view β€” 15 Buruda Street
15 Buruda Street — Vertical Aerial  •  Chermside, QLD 4032  •  Nearmap © 2026

Chermside is a vibrant suburb renowned for its excellent shopping, dining, and transport options. It offers a strong community atmosphere, proximity to Brisbane’s CBD, and significant development growth. The area features a mix of modern and traditional homes, with excellent amenities and future planning opportunities. Its central location makes it highly attractive for tenants and investors alike.

What are the future development possibilities for this property?
The property is zoned Low to Medium Density Residential (LMR) with potential to increase to High Density (STCA), allowing for apartment or townhouse development.
Is the property suitable for land banking?
Yes, the flat, flood-free block offers excellent land banking potential with current rental income while awaiting future development opportunities.
What are the current rental returns?
The property currently generates approximately $650 to $700 per week in rental income.
Are there any planning restrictions or approvals needed?
Future development will require council approval and compliance with zoning regulations, including potential rezoning to High Density.
What amenities are nearby?
The property is within walking distance to Westfield Shopping Centre, major bus routes, and is under 10km from Brisbane’s CBD.
Are there any existing easements, covenants, or planning restrictions on the property that could affect development plans? Has the property been affected by flooding or bushfire risks in the past? Are there any upcoming planning or construction projects in the area that could impact the property’s value or livability? What are the total costs involved in rezoning or developing the property, including council fees and approvals? Is there any history of structural issues or defects with the existing home that should be disclosed?

15 Buruda Street, Chermside QLD 4032 - More Details

FANTASTIC TOWNHOUSE DEVELOPMENT POTENTIAL

The existing post-war home has been modernised in recent years and enjoys open plan living with modern fixtures and fitting throughout, including air-conditioning to the living room and main bedroom, and an updated kitchen and bathrooms.

Ideal for land banking and holding for future development, the modernized dwelling currently enjoys healthy rental returns, while the desirable central Chermside position will be attractive to future tenants, in the years to come.

Perfect for an apartment or townhouse development project, these LMR zoned properties are in short supply and are becoming very hard to find; this property is perfect, with the potential to develop now or in the future, with future planning to increase the zoning to High Density, allowing increased levels (STCA)

Features include:
-607m2 Flat block with 15m frontage (approx.)
-Under 10km to Brisbane's CBD
-Walk to major Westfield Shopping precinct
-Walk to express city bus
-Flood Free Flat block
-Existing brick & tile post-war home with 3 bedrooms
-Polished floors
-Large, covered patio area at rear
-Holding rental income
-Modern kitchen & Bathroom fit-outs
-Airconditioned to living & master bedroom
-Approx. rental return $650 to $700 per week

Early enquiries are encouraged to avoid disappointment - this opportunity will not last!!

PHONE GRAHAM CARTER OF RAY WHITE FOR VIEWINGS AND FURTHER DETAILS ON 0411 222 666
Type
House
Bedrooms
3
Bathrooms
1
Parkings
1
Area
0.0

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