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Lot 202 Quest Chermside, QLD

Lot 202 Quest Chermside, QLD

78  2 Bedrooms 2 Bathrooms Year Built: 2015

Quest Chermside on Playfield is located in the heart of Chermside and is just minutes north of Brisbane’s CBD, and only 15 minutes from Brisbane’s Domestic and International Airport terminals. A short walk to Westfield Chermside and within driving distance to Suncorp Stadium, Enoggera Army Barracks and Brisbane Showgrounds.

Only 5 years old, this 2 bedroom front facing apartment has spacious open plan living zones, large terrace balcony, and assigned registered carspace
4% annual increases to the rent until 2025!

Lot Asking Price status Gross Return Net Return Weekly Return Annual Rent
202 $409,000 AVAILABLE 5.72% 4.91% $450.00 ($23,400 p/a

 

Scheduled rent increases as follows: 
Nov 2021 + 4% –  $24,336 =   5.95% Gross
Nov 2022 + 4% –  $25,309 =   6.18% Gross
Nov 2023 + 4% –  $26,321=   6.43% Gross
Nov 2024 + 4% –  $27,374 =   6.69% Gross
Market review- 2025.
Terms:  Lease to 16/11/2030 plus 2 x 5 Year options

Approximate Owner Outgoings:
Council Rates:                  $1544  per annum
Water Rates:                     $895  per annum
OC Sinking Fund:            $844    per annum*** Please note some images on website may be of apartments 302 and 402 with identical floor plan. ****

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