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.
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