$530,000

2 Bed  •  2 Bath  •  1 Car  •  84m²

Main view of Homely unit listing, 32/541 Rode Road, Chermside QLD 4032
Floorplan of Homely unit listing, 32/541 Rode Road, Chermside QLD 4032
Second view of Homely unit listing, 32/541 Rode Road, Chermside QLD 4032
+13

Sold

32/541 Rode Road, Chermside QLD 4032

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$530,000

  • 2
  • 2
  • 1
  • 84m²

Unit Sold on Thu 23 Jan, 2025

What's around Rode Road

Unit description

“Approx 6% PLUS High-Yield Investment in Chermside – Set and Forget”

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 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 with fixed Term Agreement in place - $3170 per month for 5 years with a guaranteed CPI per annum
- Body corp - approx $1900 per quarter
- Council rates - approx $480 per quarter
- Balance of sinking fund - $345,000
- 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 features

airConditioning

Air Conditioning

alarmSystem

Alarm System

balcony

Balcony

dishwasher

Dishwasher

Land details

Area: 84m²

Interactive media & resources

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32/541 Rode Road, Chermside QLD 4032
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