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High Yield Investment in Premium Quest Apartment Secure Long Term Lease
Wavell Heights North
· 2 Bedrooms · 2 Baths · Apartment
· Balcony
Wavell Heights North · 2 Bedrooms · 2 Baths · Apartment · Balcony
Positioned within the highly sought-after Quest Hotel Apartments in the heart of Chermside, this exceptional 2-bedroom, 2-bathroom, 1-car residence presents a rare opportunity for investors seeking secure, hands-off income with strong long-term upside. Leased to a reputable commercial operator, this property delivers a strong return of approximately $42,000 per annum, underpinned by a long-term lease secured until 2030, plus two additional 5-year options-offering income security well into the future. With 4% annual rental increases between market reviews and the next review scheduled for November 2030, the investment is structured for consistent growth. Designed for effortless ownership, the tenant covers all outgoings (excluding fixed water rates), making this a true set-and-forget asset. Property Features: 2 spacious bedrooms, 2 bathrooms, 1 secure car space Unique dual-living capability with a second kitchenette servicing the second bedroom Private balcony enhancing guest appeal and
Positioned within the highly sought-after Quest Hotel Apartments in the heart of Chermside, this exceptional 2-bedroom, 2-bathroom, 1-car residence presents a rare opportunity for investors seeking secure, hands-off income with strong long-term upside. Leased to a reputable commercial operator, this property delivers a strong return of approximately $42,000 per annum, underpinned by a long-term lease secured until 2030, plus two additional 5-year options-offering income security well into the future. With 4% annual rental increases between market reviews and the next review scheduled for November 2030, the investment is structured for consistent growth. Designed for effortless ownership, the tenant covers all outgoings (excluding fixed water rates), making this a true set-and-forget asset. Property Features: 2 spacious bedrooms, 2 bathrooms, 1 secure car space Unique dual-living capability with a second kitchenette servicing the second bedroom Private balcony enhancing guest appeal and
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