Positioned on the top level of the Essence Apartments complex, this rare dual key opportunity offers unmatched flexibility and secure income in the heart of Chermside's hospital precinct. Whether you're after strong returns or planning ahead for future owner-occupancy, 43/541 Rode Road is a smart move in one of Brisbane's highest-demand locations. The layout includes a full-sized one-bedroom apartment alongside a self-contained studio, both under a single title. Live in one and rent the other, lease both, or hold as a high-yield addition to your portfolio with the peace of a long-term management agreement in place. The one-bedroom apartment features a generous open-plan living and dining space, a well-appointed kitchen with quality appliances, a separate bedroom with built-in robe, and a stylish bathroom with internal laundry. The adjoining studio boasts a flexible layout, modern kitchenette, and private bathroom, perfect for short-term stays or long-term tenants alike. As part of the UniLodge-managed complex, all maintenance, marketing, and tenanting is handled for you, offering completely effortless ownership. Under the current agreement, owners also enjoy the added perk of a few personal stay nights per year. Lease & Investment Snapshot • Leased to: UniLodge Australia (Essence Apartments Chermside) • Term Ending: 30/04/2028 • Option: 2 years + extension • Rent Increases: Annual CPI-based adjustments (ABS index) • Current Rent: $3,608 per month ($43,296 p.a.) • Body Corporate: Approx. $8,632 p.a. Why You'll Love It • Top-floor dual key setup: 1 bedroom apartment + studio on one title • Hassle-free ownership: No vacancy risk, no letting fees, no maintenance worries • Guaranteed income: Managed by UniLodge with CPI-based rent increases • Flexibility: Owner access for a few personal stay nights annually • Turnkey investment with high demand from hospital workers and short-stay visitors Location Highlights • Directly across from Prince Charles Hospital • Minutes to Holy Spirit Northside Private Hospital • 5 minutes to Westfield Chermside & major bus interchange • Easy access to Brisbane Airport and CBD • Surrounded by medical, retail, and transport infrastructure Contact Raj on 0478 921 878 for more details or to arrange your private inspection.
RealistIQ deal score
Good value signal
68
/100
Review the estimated value range, comparable sales, suburb trends, and market signals for 43/541 Rode Road, Chermside before you inspect or make an offer.
Independent price check
Estimate vs market price guide
Market price guide is $131,000 below RealistIQ estimate
Use this as a second opinion and check the comparable sales below.
RealistIQ estimate range: $649,000 - $1,013,000Wider ranges mean more uncertainty.
RealistIQ estimate$831,000
Market price guide$700,000
$649,000$1,013,000
Before you inspect, check what similar properties actually sold for.
