16/541 Rode Road

A north-facing apartment with a corporate lease in place - moments from everything that makes Chermside such a great place to live. With easy access to Chermside's two major hospitals, The Prince Charles and St Vincent's Private only a short walk away. Westfield Shopping Town Chermside with major department stores, Woolworths, Coles and many other variety stores, restaurants and cafes, cinema complex and much, much more. Chermside has easy access to bus transport for the city commuter. his is the definition of a set-and-forget investment. The unit is leased on a fixed-term agreement through to 31 August 2029, returning a guaranteed $2,479.43 per month ($29,753 per annum) with annual CPI-linked rental increases built into the agreement. No vacancy, no re-letting fees, no tenant turnover - just reliable monthly income from a corporate tenant, making it an ideal consideration for a self-managed super fund or any investment entity. Positioned on the second level of Essence Apartments, the unit enjoys a quiet north-facing aspect - orientated away from Rode Road, so you get the light without the noise. Sold fully furnished with all furniture, appliances and textiles included, there's nothing to spend and nothing to do. Features - 2 bedrooms, 2 bathrooms, 1 secure car space - Quiet north-facing aspect, positioned away from Rode Road - Ducted air-conditioning throughout - 21.12m² open plan living area flowing to a generous 16.8m² north-facing balcony - Fully furnished - all furniture, appliances and textiles included - Main bedroom with ensuite, second bedroom serviced by the main bathroom - Fully equipped kitchen Investment Highlights - Fixed-term corporate lease until 31 August 2029 - Guaranteed income of $2,479.43 per month ($29,753 per annum) - Annual CPI-linked rental increases built into the agreement - Tenant holds an option to renew for a further 3-year term - long-term income security - Landlord outgoings limited - tenant pays electricity, gas and phone - Perfect for a self-managed superannuation fund or set-and-forget portfolio addition Extras - Onsite management with manned reception (7am - 8pm daily) - Lift access from car park to the apartment - Access to boardrooms, outdoor BBQ alfresco terrace, and high-speed Wi-Fi - Essence Apartments was built in 2011 Local Amenities - The Prince Charles and St Vincent's Private Hospitals - metres away - Westfield Chermside - 3 minute drive - School Catchments: Somerset Hills SS & Wavell SHS - Brisbane CBD - 10km - Brisbane Domestic and International Airports - 11km - Local parklands and sporting clubs also close by