733 Gympie RoadChermside QLD 4032
Property Details for 733 Gympie Rd, Chermside
Last Listing description (December 2019)
Prime 880m2 MU2 (Mixed Use - Centre Frame) Commercial site with Gympie Road Frontage, in a prominent Chermside Position.
Complete with the 'New Chungshan' Licensed Restaurant; a popular dine in & take away family restaurant, actively operating for many years.
Take advantage of the Mixed Use zoning and re-develop, or make use of the functional restaurant facilities and large amount of off-street parking the site comes complete with.
> Owner operated iconic restaurant & kitchen facilities
> 20 External car parks
> Additional parking and storage under
> Staff and patron toilet facilities
> Potential strong Returns for Investors if leased
> Inbound position with high exposure
> Around 50,000 vehicles passing the site per day (approx.)
Asking $2,100,000
PHONE EXCLUSIVE MARKETING AGENT BRIAN McGRATH ON 0418 785 044 FOR ALL DETAILS.
Centre Frame (source: BCC):
Balance of residential and commercial uses with a more diverse range of activities within the centre. Mixed use buildings with commercial activity on the ground floor (e.g. coffee shop or shop) and upper levels of office and residential uses.
Property History for 733 Gympie Rd, Chermside, QLD 4032
- 18 Oct 2019Sold for $1,650,000
- 20 Dec 2016Listed for Sale Not Disclosed
- 12 Nov 1996Transferred
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About Chermside 4032
The size of Chermside is approximately 4.0 square kilometres. It has 10 parks covering nearly 23.6% of total area. The population of Chermside in 2016 was 9315 people. By 2021 the population was 11426 showing a population growth of 22.7% 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 $1400 - $1799 per month on mortgage repayments. In general, people in Chermside work in a professional occupation.In 2021, 31.60% of the homes in Chermside were owner-occupied compared with 31.50% in 2016.
Chermside has 7,856 properties. Over the last 5 years, Houses in Chermside have seen a 87.92% increase in median value, while Units have seen a 105.13% increase. As at 31 December 2025:
- The median value for Houses in Chermside is $1,200,743 while the median value for Units is $789,721.
- Houses have a median rent of $650 while Units have a median rent of $610.
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