BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 5.2.3//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:Approved 64-Apartment Development Site Neighbouring Westfield C hermside\nKnight Frank\, under instructions from Ozem Kassem and Ian Nicol of KPT Restructuring as Receivers and Managers appointed\, is pleased to present for sale 8-12 Playfield Street\, Chermside\, a 1\,890 sqm* DA-appr oved development site for 64 apartments\, metres from Westfield Chermside. \n\nThe approved scheme comprises 11 residential levels of 3 and 4-bedroom apartments\, rooftop recreation and three levels of basement parking. The permit is current to 30 November 2030\, with piling and capping beam work s already completed on site. The scheme can also be reconfigured toward sm aller one and two-bedroom apartments to suit demand (STCA).\nChermside is one of Brisbane's most established\, tightly held northside centres\, dire ctly opposite Westfield Chermside and within a major health precinct\, aro und 10km* north of the CBD. Chermside unit values are up approximately 24% * over the past year\, reflecting Brisbane's acute apartment undersupply.\ n\nKey Investment Highlights of this opportunity include: \n- 1\,890 sqm* landholding approved for 64 apartments to 30 November 2030\n- Shovel-ready piling and capping beam works already completed on site\n- Flexible sche me reconfigurable toward more 1 & 2-bedroom apartments (STCA)\n- Directly opposite Westfield Chermside and a major bus interchange\n- Within a majo r health and education precinct\, anchored by The Prince Charles Hospital\ n- Chermside units up ~24%* over the past year to $830\,000*\n- Acute unde rsupply\, sub-1%* rental vacancy across Inner Brisbane\n- 10km* from the B risbane CBD\, with strong road and rail connectivity\n- Backed by Brisbane 's $25 billion+* infrastructure pipeline and 2032 Olympic tailwinds\n- Zon ed MU2 (Mixed Use)\, with 47m* of Playfield Street frontage\n\n8-12 Playfi eld Street is offered for sale by Expressions of Interest\, closing Thursd ay 10 September 2026 at 4pm (AEST). DTEND:20260910T160000 DTSTAMP:20260810T045153Z DTSTART:20260910T160000 SEQUENCE:0 SUMMARY:Expression Of Interest: 8-12 Playfield Street\, Chermside QLD UID:CRE-2021060496-EOI X-ALT-DESC;FMTTYPE=text/html:

Approved 64-Apartment Development Sit e Neighbouring Westfield Chermside
Knight Frank\, under instructions from Ozem Kassem and Ian Nicol of KPT Restructuring as Receivers and Mana gers appointed\, is pleased to present for sale 8-12 Playfield Street\, Ch ermside\, a 1\,890 sqm* DA-approved development site for 64 apartments\, m etres from Westfield Chermside.

The approved scheme comprises 11 residential levels of 3 and 4-bedroom apartments\, rooftop recreation and three levels of basement parking. The permit is current to 30 November 2030\, with piling and capping beam works already completed on site. The scheme can also be reconfigured toward smaller one and two-bedroom apartme nts to suit demand (STCA).
Chermside is one of Brisbane's most estab lished\, tightly held northside centres\, directly opposite Westfield Cher mside and within a major health precinct\, around 10km* north of the CBD. Chermside unit values are up approximately 24%* over the past year\, refle cting Brisbane's acute apartment undersupply.

Key Investment Highlights of this opportunity include:
- 1\,890 sqm* landholding a pproved for 64 apartments to 30 November 2030
- Shovel-ready piling and capping beam works already completed on site
- Flexible scheme reconfigurable toward more 1 & 2-bedroom apartments (STCA)
- Direct ly opposite Westfield Chermside and a major bus interchange
- Within a major health and education precinct\, anchored by The Prince Charles Ho spital
- Chermside units up ~24%* over the past year to $830\,000* < br/> - Acute undersupply\, sub-1%* rental vacancy across Inner Brisbane - 10km* from the Brisbane CBD\, with strong road and rail connectivity
- Backed by Brisbane's $25 billion+* infrastructure pipeline and 20 32 Olympic tailwinds
- Zoned MU2 (Mixed Use)\, with 47m* of Playfiel d Street frontage

8-12 Playfield Street is offered for sale b y Expressions of Interest\, closing Thursday 10 September 2026 at 4pm (AES T).

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