32/541 Rode Road, Chermside, Qld 4032

LATEST
bedrooms 2
bathrooms 2
parkingSpaces 1
|Unit
Offers over $499,000
Offers over $499,000
Published on: 06 Dec 2024
Last updated on: 10 Dec 2024
32/541 Rode Road, Chermside, Qld 4032
32/541 Rode Road, Chermside, Qld 4032
32/541 Rode Road, Chermside, Qld 4032
+16
32/541 Rode Road, Chermside, Qld 4032
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  • 1
Property ID: 146525256
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Approx 6% PLUS High-Yield Investment in Chermside – Set and Forget

32/541 Rode Road, Chermside, Qld 4032
An ideal opportunity for investors looking for stable, high-yield returns without the hassle of ongoing management. This dual-unit property on one title is part of a well-maintained hotel chain, ensuring guaranteed rental income of approximately $2,700 per month ($32,000 per annum) with CPI increases. With no vacancy, no letting, re-letting, marketing fees, this is a perfect set-and-forget investment.

- Two units on one title: 1-bed, 1-bath unit with separate living and dining areas + studio apartment with wheelchair access.
- Guaranteed rental income: - current rent: $2,698.12 per month / $32,377.44 per year, with a guaranteed CPI per annum
- Body corp - approx $1900 per quarter
- Council rates - approx $480 per quarter
- Balance of sinking fund - $345,000
- Fixed Term Agreement in place - $3170 per month for 5 years
- Current rental yield – approx 6%
- No vacancy, letting, re-letting, marketing fees
- On-site management handles all cleaning and maintenance, providing effortless ownership  - part of a secure hotel chain

Located in the thriving suburb of Chermside, this property is surrounded by amenities such as Westfield Chermside Shopping Centre, public transport, parks, and a variety of dining options. The Prince Charles and St. Vincent’s hospitals are just minutes away, making it a strategic choice for medical professionals or anyone seeking convenient, urban living.

This investment is perfect for busy professionals, seasoned investors, or executives seeking hassle-free rental income streams. The proximity to hospitals also makes it an attractive option for doctors, nurses, and health workers looking for long-term accommodation solutions.

Seize this opportunity to add a high-yield, hassle-free property to your portfolio.

Don’t miss this chance to secure a high-yield, low-maintenance investment in one of Brisbane’s most in-demand suburbs.

Property Details

Basic Info

Property Type
Unit
Listing Status
On Market
Parking Spaces
1
Land Size
84.00 m2
Rooms
2 bedroom(s), 2 bathroom(s)
Address
32/541 Rode Road, Chermside, Qld 4032

Floorplans and tours

Floorplan
Mervyn Chen
Mervyn Chen
Wendy Seccombe
Wendy Seccombe
Suite 2, Level 1, 1 Swann Road, Taringa, Qld 4068
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Email enquiry to Plum Property - Brisbane West

Mervyn Chen
Mervyn Chen
Wendy Seccombe
Wendy Seccombe
Suite 2, Level 1, 1 Swann Road, Taringa, Qld 4068
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      Property ID: 146525256

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