Prime Investment Opportunity. Service Short-Term Studio. Guaranteed Returns. Outstanding Location

Unlock the potential for lucrative returns with this exceptional short-term serviced apartment strategically positioned in a high-demand location promising robust cash flow.<br/><br/>The Essence Apartments Chermside offer modern amenities akin to a top-tier hotel, making it an enticing choice for guests. Its prime location right beside The Prince Charles Hospital and St Vincent's Private Hospital diversifies its market, attracting not only medical guests, patients and their families but also leisure and business travellers. Being also just up the road from the bustling Westfield Chermside, guests have easy access to a plethora of boutiques, cinemas, cafes, and restaurants, ensuring high occupancy rates year-round. <br/><br/>This open-plan unit features a luxurious King or Twin single beds, complemented by an occasional chair and a well-appointed bathroom. Each studio is equipped with a fully functional kitchen, complete with cookware and dinner sets for two, an electric cooktop, electric oven, dishwasher, full-sized fridge freezer, and microwave. Additional features include a designated workstation, an exclusive secure car space and a very generous balcony. Entertainment options for guests include high speed Wi-Fi access, wall-mounted LCD TV with complimentary Foxtel access.<br/><br/>Guests can also enjoy the Guest Lounge with TV, kitchen, complimentary tea, coffee along with outdoor BBQ facilities and garden terrace, communal guest laundry facilities, conference facilities, guest gym passes for across the road, and secure parking, ensuring a comfortable and memorable stay.<br/><br/>Positioned in a rapidly developing area with ongoing infrastructure projects and urban growth initiatives, this property presents promising cash flow prospects over the long term.<br/><br/>Key Features:<br/>Unit 107. Furnished serviced Studio Apartment <br/>Kind bed, kitchen, work space, bathroom, large balcony and exclusive secure car space. <br/>Air-conditioning and fan for added comfort all year round.<br/>Direct lift access from the car park to the apartment floor<br/>Built in 2011<br/>Outstanding location right beside Prince Charles and St Vincents Hospitals<br/>Approx 10km away from Brisbane International and Domestic Airports <br/>Reception from 7 am to 8 pm and Onsite Manager.<br/>Housekeeping services.<br/>Conference facilities and meeting rooms<br/>Outdoor BBQ area with tables and umbrellas.<br/><br/>Financial Highlights:<br/>Guaranteed Rent: $1,193.40 per month until 4/4/25. 3yrs Option to renew.<br/>Rent increases: Fourth quarter CPI is annually added to Monthly rental amount<br/>Body Corp Fees (Admin & Sinking): $3,350 per annum<br/>Sinking Fund: $389 456 (Feb 24)<br/>Brisbane City Council Rates: $737.70 per quarter<br/><br/>Don't miss out on this exceptional investment opportunity in the thriving short-term rental market. Contact Megan today at 0439 941 501 for more details or to book your private inspection.