42 Thomas Street, Chermside, Qld 4032

For Sale

House
Type
11
Bedrooms
5
Bathrooms
5
Parkings
1,377 m²
Area

Last updated on Monday, May 18, 2026 ( See property details for 42 Thomas Street, Chermside, Qld 4032)

For Sale

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

Exceptional development opportunity in Chermside offering a versatile 1,377m² landholding with prime exposure and strong growth potential just 8km from Brisbane CBD.

🏡 Property Highlights

  • Prime development site with combined 1,377m² landholding in Chermside
  • Rare three street frontage offering exceptional exposure and accessibility
  • Mixed-use residential zoning providing broad development flexibility
  • Outstanding location within Brisbane's strongest growth precinct
  • Walking distance to Westfield Chermside and major retail, dining, and transport hubs
  • Close proximity to Prince Charles Hospital and major employment centres

✨ Key Features

  • Open-Plan Living
  • Waterfront / Views
  • Balcony
  • Outdoor Area
  • Secure Parking
  • Garage
  • Air Conditioning
  • Ensuite
  • Home Office / Study
  • Built-in Robes
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42 Thomas Street
Chermside, QLD 4032
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Vertical aerial view — 42 Thomas Street
42 Thomas Street — Vertical Aerial  •  Chermside, QLD 4032  •  Nearmap © 2026

Chermside is a vibrant and rapidly growing suburb renowned for its extensive retail precincts, excellent transport links, and proximity to major employment hubs. The area offers a dynamic lifestyle with easy access to Brisbane CBD, Westfield Chermside, and essential amenities. Its strategic location near hospitals and transport corridors makes it highly attractive for both residents and investors. Continuous infrastructure upgrades and community development initiatives ensure Chermside remains a sought-after destination for long-term growth. The suburb's diverse offerings and strong demand make it an ideal location for future development and investment opportunities.

What types of development are permitted on this site?
The site has mixed-use residential zoning, allowing for broad development options including multi-unit or mixed-use projects, subject to council approval and STCA (Subject To Council Approval).
Are there any existing tenants on the property?
Yes, the property is currently tenanted, with further tenancy details available upon request.
What are the key advantages of the location?
The location offers exceptional walkable convenience to Westfield Chermside, retail and dining precincts, major transport hubs, and proximity to hospitals and employment centres, making it highly desirable for development and investment.
Is there potential for future capital growth?
Yes, Chermside is one of Brisbane's strongest growth suburbs, supported by ongoing infrastructure upgrades, high demand, and strategic connectivity to the CBD and major transport routes.
What are the zoning restrictions or planning controls?
The site is zoned for mixed-use residential development, with specific planning controls available from the local council to guide development parameters.
Are there any existing easements, covenants, or zoning restrictions that could impact development plans? What are the current rates, levies, or strata fees applicable to the property? Are there any known issues with the land, such as flooding, bushfire risk, or contamination? Is there any ongoing or planned infrastructure or development nearby that could affect the property’s value or usability? What are the planning approval processes and estimated timelines for development on this site? Are there any existing or pending planning or zoning changes that could influence future use? What are the costs associated with connecting utilities and services to the site? Are there any restrictions on building height, density, or design imposed by local council? Is there potential for future rezoning or increased development density? Are there any existing or planned community or commercial projects in the vicinity that could impact the area?

42 Thomas Street, Chermside, Qld 4032 - More Details

For Sale

Offered as a joint acquisition comprising 44 Charlotte Street and 42 Thomas Street, Chermside, this exceptional development opportunity delivers a combined 1,377m² landholding within one of Brisbane's strongest growth suburbs. Benefitting from a rare three street frontage alongside mixed-use residential zoning, the site presents outstanding flexibility for developers, investors and land bankers in a blue-chip location just 8km from the CBD!

Positioned within the heart of thriving Chermside, this location offers exceptional walkable convenience alongside sought-after residential and commercial demand. Westfield Chermside, extensive retail and dining precincts, entertainment venues and the major bus interchange are all within easy walking distance, whilst a continual injection of facilities and upgrades continues to strengthen the areas long-term growth.

Further cementing the incredible opportunity, the site sits moments from the Prince Charles Hospital precinct and major employment hubs, with excellent access to transport corridors and the tunnel network connecting seamlessly to Brisbane Airport and the CBD. Combining scale, flexibility and an ultra-convenient position within an ever-popular community, this is a rare opportunity to secure a significant development holding within one of Brisbane's most tightly held growth precincts.

Please note that all individual properties are currently tenanted, with further tenancy details available upon request.

- Opportunity for joint acquisition of 44 Charlotte Street and 42 Thomas Street, Chermside
- Combined 1,377m2 landholding in prime growth position
- Rare three street frontage with exceptional exposure and accessibility
- Mixed-use residential zoning with broad development flexibility
- Outstanding potential for multi-unit or mixed-use development (STCA)
- Exceptional opportunity to hold, land bank or develop
- Positioned within one of Brisbane's strongest growth precincts
- Walking distance to Westfield Chermside, additional premium retail and dining precincts, Chermside library and major bus interchange
- Moments from Prince Charles Hospital and major employment hubs
- Excellent connectivity to Brisbane Airport and key arterial corridors including the tunnel network
- Just 8km from the Brisbane CBD

Disclaimer: This property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property. If this property is being sold by auction or without a price, a price guide cannot be provided. The website may have filtered the property into a price bracket for functionality purposes.
Type
House
Bedrooms
11
Bathrooms
5
Parkings
5
Area
1,377 m²

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