202/ 10-12 Mermaid street, Chermside, Qld 4032

The Pitch: 

Welcome to 202/10-12 Mermaid Street, Chermside. An exceptional opportunity to own a near new two-bedroom, two-bathroom apartment that offers a chic and stylish retreat just minutes away from bustling Chermside CBD, offering a low maintenance lifestyle with all the modern amenities you could desire. Designed with meticulous attention to detail, the residence features an open-plan living and dining area that seamlessly flows onto the spacious balcony, inviting abundant natural light and fresh air in a spacious and versatile space, perfect for relaxing or entertaining while enjoying the surrounding greenery. 


The contemporary kitchen is a home chef’s dream, equipped with high-quality appliances, including a gas cooktop, chic stone benchtops and ample storage space, ensuring both practicality and elegance. 
The Master bedroom offers a generous ensuite and air-conditioner, while both bedrooms feature built-in wardrobes and ceiling fans, with large glass sliding doors that invite natural light and fresh air, enhancing the room’s ambience. Both bathrooms are tastefully designed with premium finishes, showcasing modern fixtures and ample storage. Year-round comfort is ensured with air conditioning in the living area and ceiling fans throughout. The property also includes secure parking, only adding to the ease of living in this well-maintained complex. 


The Details: 

-	Spacious open-plan living and dining area flush with natural light
-	Modern kitchen with stainless steel appliances, stone benchtops and abundant storage
-	Large balcony, creating seamless indoor-outdoor living
-	Two generous bedrooms, both with built-in wardrobes, ceiling fans and glass sliding doors
-	Two stylish and well appointed bathrooms with quality fixtures 
-	Air conditioning in living area and master bedroom with ceiling fans throughout 
-	One secure underground car park 
-       Low body corporate
-       Late 2023 Build 


The Location: 

Chermside offers unmatched convenience, with easy access to shopping, public transport, and green spaces. Westfield Chermside—one of Brisbane’s premier shopping and dining hubs—is just a short walk away, providing endless retail and entertainment options. The area also boasts excellent public transport links, highly regarded schools, medical facilities, and an abundance of parks and recreational amenities. With direct access to Gympie Road, one of Chermside’s key thoroughfares, commuting is effortless, making this location highly desirable.


For investors, Chermside’s popularity with tenants matched with a strong rental demand makes this property a standout choice. Its prime location, modern features, and low-maintenance appeal ensure solid returns and long-term value. Whether you're a first-time buyer, downsizer, or investor, 202/10 Mermaid Street presents an exceptional opportunity to embrace a lifestyle of convenience, connectivity, and growth.


The Investment: 

-	Currently tenanted @ $600/week (periodic)
-	Current rental appraisal: Approximately $650/week
-	Body Corporate: Approximately $89/week
-	Water rates: Approximately $550/quarter 
-	Council rates: Approximately $820/quarter