This ‘Chasely Apartments’ property has treated the current owners extremely well, housing their daughter while she studied nearby and more recently it has been home to staff working out of the Wesley Hospital but it’s now time to sell!
Being in a location like this means very little vacancy and excellent returns. Even at $400/week currently, that is the lowest weekly rent the owners have had during their ownership with the peak at $500/week. It’s an ideal complex for those wanting a property in a secure, easy to manage, convenient location, or investors looking for good returns and different letting options as you can also put the property in the rental pool.
The Chasely Apartments are situated just minutes from Brisbane’s CBD, Toowong’s shopping and entertainment precincts and The Wesley Hospital. UQ & QUT students, hospital personnel, buyers looking for a Brisbane bolthole, busy professionals, corporations, FIFO workers, as well as investors will find plenty to like here.
The property is being offered for sale either fully furnished or unfurnished. Investment opportunities are flexible, owners can capitalise on the short term rental market (when not in residence) or opt for longer leases to secure, regular, guaranteed income.
NB: The photos are from the previous sale of the apartment and the furniture has been modernised.
|R&H Suburb Summary||Houses|
|Number of sales||43|
|Median Rental Price||$550 p.w.|
|Change in Rental Rate (5yr)||-2 %|
|R&H Suburb Summary||Units|
|Number of sales||72|
|Median Rental Price||$380 p.w.|
|Change in Rental Rate (5yr)||-8 %|