201/40 Playfield Street, Chermside, Qld 4032

Presenting an exceptional opportunity for investors seeking quality and confidence in a premium lifestyle location, this versatile dual-key apartment forms part of the established Quest Hotel chain in Chermside. Backed by the reassurance of a trusted accommodation brand, the intelligent configuration combines a spacious one-bedroom apartment with a private studio, delivering superb investment appeal in the thriving heart of Chermside.

Forming the primary residence, a secure entry opens into a well-designed layout with large open-plan living and dining connecting to a private, elevated balcony. A full-sized kitchen is appointed with every modern amenity, offering exceptional storage, bench space and premium appliances perfect for extended stays. The separate bedroom has built-in storage whilst the bathroom also includes a generous integrated laundry.

The separate studio unfolds across a light and spacious layout, incorporating a well-appointed kitchenette with dishwasher and quality appliances alongside generous bedroom accommodation and a pristine bathroom with full-height tiling. The intelligent dual-key layout offers the flexibility of seamless integration or complete privacy between residences, providing excellent scope to capture maximum investment returns.

Investment appeal is further strengthened by the established Quest brand, with on-site reception and gymnasium adding quality and reassurance. Positioned within the vibrant Chermside lifestyle hub directly opposite Westfield, the property is a short stroll from extensive dining and entertainment, minutes from major hospital precincts and exceptionally connected to bus and tunnel networks, the CBD and Brisbane Airport.

Features Include:
- Premium investor-only opportunity within established Quest Chermside complex
- Versatile dual-key configuration combining a spacious one-bedroom apartment and private studio
- Large open-plan living and dining connecting to a private elevated balcony
- Full-sized kitchen with exceptional storage, generous bench space and premium appliances
- Separate built-in bedroom plus spacious bathroom with integrated laundry
- Light-filled studio with generous bedroom accommodation and excellent privacy
- Intelligent layout allowing seamless integration or complete privacy for maximum flexibility
- Well-appointed kitchenette with dishwasher and quality appliances
- Pristine bathroom with full-height tiling
- Quality Quest brand with on-site reception and gymnasium
- Premium position directly opposite Westfield Chermside and footsteps from extensive dining and entertainment
- Minutes from major hospital precincts
- High end Mitsubishi AC system
- Exceptional access to bus and tunnel networks, CBD and Brisbane Airport

The property is currently generating $44,000 per annum in rental income, equivalent to $3,666.67 per month. As per the lease terms, the rent will increase by 4% to $45,760 per annum from 17 November 2026.

Opportunities like this are rarely offered to the market. To avoid missing out, contact Brooke Hawthorne or Chelsea Jenkins today to register for our upcoming Open Home or arrange a Private Inspection at a time that suits you.

DISCLAIMER:

We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Type

Unit

Bedrooms

2

Bathrooms

2

Parkings

1

Area

102 m²

Study

1