Positioned directly opposite Prince Charles Hospital in Chermside, this rare dual key property offers a premium investment opportunity with guaranteed returns and unique flexibility.
Whether you're seeking a clever set and forget investment with dual rental income or planning ahead for future owner occupation where you can live in one unit while renting out the other to cover expenses, this property delivers exceptional value in one of Brisbane's most thriving suburbs.
The spacious 1 bedroom apartment features a separate living and dining area, modern bathroom, and air conditioning to stay cool in summer and cosy in winter. Next door, the self-contained studio apartment offers a practical layout, making it ideal for medical professionals, patients attending procedures, or visiting family members needing short stays.
Currently under onsite management until 2029 (with the option to extend), this property is part of a well maintained hotel chain, ensuring guaranteed rental income with CPI increases. With no vacancy risk, no letting or re letting fees, and all cleaning and maintenance is handled for you, it's the perfect high yield, hassle free investment. Importantly, under the current management agreement, owners are also entitled to stay in the property for a few nights each year, offering both income security and personal convenience.
Lease Details:
Leased to UniLodge Australia (Essence Apartments Chermside)
Term Ending - 31/8/2029
Option - 3 years + extension
Rental Increases - CPI increase each year based on official figure from ABS
Current Rent - $3180 per month ($38,160 pa)
Body Corporate - $8632 pa
Why You'll Love This Property
• Dual key flexibility: 1 bedroom apartment + studio apartment on one title
• Guaranteed rental income: Onsite management until 2029 with CPI increases
• Effortless ownership: No vacancy, no marketing fees, no maintenance hassles
• Owner benefits: Ability to stay a few nights each year under current management
Location Highlights
• Directly opposite Prince Charles Hospital
• Walking distance to Westfield Chermside shopping, dining, and entertainment
• Easy access to public transport and major arterial roads
• 9km to Brisbane CBD
• Surrounded by thriving amenities in one of Brisbane's busiest hubs
This is more than just an investment, it's a secure income stream today with lifestyle flexibility built in. Properties offering guaranteed returns, dual-key living, and owner stay benefits in such a prime location are rare, and demand is strong.
Don't miss your chance to secure 22/541 Rode Road, Chermside - a premium investment with built in financial potential.
Floor Plan
Floorplan 1
