Presenting an exceptional opportunity for investors seeking quality, confidence and strong returns in a premium lifestyle location, this versatile dual-key apartment forms part of the established Quest Hotel chain in Chermside. Backed by the reassurance of a trusted accommodation brand, the intelligent configuration combines a spacious one-bedroom apartment with a private studio, delivering superb investment appeal in the thriving heart of Chermside.
Forming the primary residence, a secure entry opens into a well-designed layout with large open-plan living and dining connecting to a private, elevated balcony. A full-sized kitchen is appointed with every modern amenity, offering exceptional storage, generous bench space and premium appliances perfect for extended stays. The separate bedroom has built-in storage, whilst the bathroom also includes a generous integrated laundry.
The separate studio unfolds across a light-filled, spacious layout, incorporating a well-appointed kitchenette with dishwasher and quality appliances alongside generous bedroom accommodation and a pristine bathroom with full-height tiling. The intelligent dual-key layout offers the flexibility of seamless integration or complete privacy between residences, providing excellent scope to maximise investment returns.
The investment fundamentals further enhance the appeal, with the property currently generating $44,000 per annum in rental income, increasing to $45,760 per annum from 17 November 2026 under the lease's scheduled 4% rental increase. Based on an indicative purchase price of $575,000, this equates to a gross rental yield of approximately 7.65% at the current rental rate, increasing to approximately 7.96% following the rental increase. Allowing for estimated annual landlord outgoings of approximately $5,700–$5,800, the indicative net return increases from around 6.6% to approximately 6.9% following the rental adjustment.
With tenants responsible for water usage, electricity and scheduled air-conditioning maintenance, the landlord's principal outgoings include Brisbane City Council rates of $2,650 per annum, body corporate levies of $1,856.80 per annum and an estimated $1,200 per annum for the landlord's share of water charges. This provides investors with a clearer picture of the ongoing ownership costs and potential income, subject to independent verification of all figures and applicable expenses.
Investment appeal is further strengthened by the established Quest brand, with on-site reception and gymnasium adding quality and reassurance. Positioned within the vibrant Chermside lifestyle hub directly opposite Westfield, the property is a short stroll from extensive dining and entertainment, minutes from major hospital precincts and exceptionally connected to bus and tunnel networks, the CBD and Brisbane Airport.
Features Include:
- Premium investor opportunity within the established Quest Chermside complex
- Versatile dual-key configuration combining a spacious one-bedroom apartment and private studio
- Current rental income of $44,000 per annum, increasing to $45,760 per annum from 17 November 2026
- Indicative gross rental yield of approximately 7.65%, increasing to 7.96% following the scheduled rental increase, based on a $575,000 purchase price
- Estimated annual landlord outgoings of approximately $5,700–$5,800
- Indicative net rental return of approximately 6.6%, increasing to around 6.9% following the rental increase, based on a $575,000 purchase price and the stated estimated outgoings
- Tenant responsible for water usage, electricity and scheduled air-conditioning maintenance
- Landlord outgoings include Brisbane City Council rates, body corporate levies and the landlord's share of water charges
- Large open-plan living and dining connecting to a private, elevated balcony
- Full-sized kitchen with exceptional storage, generous bench space and premium appliances
- Separate bedroom with built-in storage plus spacious bathroom with integrated laundry
- Light-filled studio with generous bedroom accommodation and excellent privacy
- Intelligent layout allowing seamless integration or complete privacy for maximum flexibility
- Well-appointed kitchenette with dishwasher and quality appliances
- Pristine bathroom with full-height tiling
- High-end Mitsubishi air-conditioning system
- Established Quest brand with on-site reception and gymnasium
- Premium position directly opposite Westfield Chermside and footsteps from extensive dining and entertainment
- Minutes from major hospital precincts
- Exceptional access to bus and tunnel networks, the CBD and Brisbane Airport
Properties of this calibre do not become available often, so don't miss your opportunity. Call Brooke Hawthorne or Chelsea Jenkins to register for our scheduled open home or arrange a private appointment at a time convenient to you.
DISCLAIMER:
This property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
All rental yields, returns and outgoings stated are indicative estimates calculated using the nominated purchase price, current and scheduled rental income, and the expense figures provided. They are not a guarantee of future performance and may exclude other costs, including management fees, insurance, maintenance, vacancy periods, financing costs and applicable taxes. Prospective purchasers should independently verify all rental income, lease terms, expenses and calculations before proceeding.
We have, in preparing this advertisement, used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
