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43/541 Rode Road, Chermside$700,000
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43/541 Rode Road

Chermside, QLD 4032, Australia
$700,000
2 bed 2 bath 1 car84 m²

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About this property

Positioned on the top level of the Essence Apartments complex, this rare dual key opportunity offers unmatched flexibility and secure income in the heart of Chermside's hospital precinct. Whether you're after strong returns or planning ahead for future owner-occupancy, 43/541 Rode Road is a smart move in one of Brisbane's highest-demand locations. The layout includes a full-sized one-bedroom apartment alongside a self-contained studio, both under a single title. Live in one and rent the other, lease both, or hold as a high-yield addition to your portfolio with the peace of a long-term management agreement in place. The one-bedroom apartment features a generous open-plan living and dining space, a well-appointed kitchen with quality appliances, a separate bedroom with built-in robe, and a stylish bathroom with internal laundry. The adjoining studio boasts a flexible layout, modern kitchenette, and private bathroom, perfect for short-term stays or long-term tenants alike. As part of the UniLodge-managed complex, all maintenance, marketing, and tenanting is handled for you, offering completely effortless ownership. Under the current agreement, owners also enjoy the added perk of a few personal stay nights per year. Lease & Investment Snapshot Leased to: UniLodge Australia (Essence Apartments Chermside) Term Ending: 30/04/2028 Option: 2 years + extension Rent Increases: Annual CPI-based adjustments (ABS index) Current Rent: $3,608 per month ($43,296 p.a.) Body Corporate: Approx. $8,632 p.a. Why You'll Love It Top-floor dual key setup: 1 bedroom apartment + studio on one title Hassle-free ownership: No vacancy risk, no letting fees, no maintenance worries Guaranteed income: Managed by UniLodge with CPI-based rent increases Flexibility: Owner access for a few personal stay nights annually Turnkey investment with high demand from hospital workers and short-stay visitors Location Highlights Directly across from Prince Charles Hospital Minutes to Holy Spirit Northside Private Hospital 5 minutes to Westfield Chermside & major bus interchange Easy access to Brisbane Airport and CBD Surrounded by medical, retail, and transport infrastructure Contact Raj on 0478 921 878 for more details or to arrange your private inspection.

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
2
Bathrooms
2
Parking
1
Land Area
84 m²
Listed
3 months ago

Repayment calculator

$3,394/month
$1,697 /fortnight
Loan $560,000 at 6.10% over 30 years

Upfront costs

Deposit$140,000
Stamp duty$24,525
Conveyancing (est.)$2,000
Total upfront$166,525
Verify with QLD revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Chermside

This 2-bedroom apartment in Chermside, QLD 4032 sits within reach of public transport, local shops local amenities. It is listed 16% below the $829,000 median of 69 comparable apartmentswithin 5 km.

What's nearby

  • Hilltop Ave at Prince Charles Hospital, stop 35 (bus)362 m away
  • Cartridge World775 m away
  • Unnamed145 m away
  • Unnamed279 m away
  • Unnamed416 m away

Chermside at a glance

Full suburb profile
Population
11,426
Median age
35
Household income
$1,419/wk
Median rent
$370/wk
Median mortgage
$1,690/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Chermside price trend

Median sold · Unit 2 bed

Compound growth +15.2% / yr over 4 yrs

$767kcurrent median

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