38-40 Playfield Street, Chermside, Qld 4032

Sold: $484,000 (07-13-2016)

38-40 Playfield Street, Chermside, Qld 4032 4032
SOLD
  • hotel 2
  • hot_tub 2
  • directions_car 1

*INVESTORS ONLY, HIGH RENT, LONG LEASE, GREAT LOCATION

Only 10kms from the Brisbane CBD, Quest on Playfield is a new release with construction recently completed in November 2015.This ideal capital city investment opportunity comes with an initial 15 year lease to Quest and a further 10 years of options.

Only 3 x 2 bedroom lots left as follows:
Lots 505 & 506 $484,000 rent $31,460pa ($605pw)
Lot 601 $487,000 rent $31,655pa ($608pw)


Benefits Include:
* Long term secure lease to 2030 with 2 x 5 year options
* Built-in 4% rent increases & 5 yearly market reviews
* No management fees
* No letting fees
* No vacancies - rent paid monthly regardless of occupancy
* Quest pays your Body Corporate Administration fees

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