This boutique development of 48 strata-title units is literally adjacent to Westfield Chermside Shopping Centre, the second largest in Australia. It consists of 42 x 2 bedroom 2 bathroom units and 6 x 1 bedroom units.
TMG has removed the hard work and costs of owning an investment unit by leasing your unit to a franchisee of Quest Serviced Apartments. When you buy a unit there will be an individual lease in place with the Quest franchisee to rent your unit from you for an initial term of 15 years with a further
2 x 5 years of options.
This unit development is for property investors only. These units cannot be owner occupied due to the lease in place with the Quest franchisee. You are able to sell your unit at any time to a buyer of your choosing. (Provided any such sale is subject to the Lease).

Key Benefits of Ownership Include:
1. No vacancy rate*
2. No weekly property management fees. (typically 8%)
3. Security of guaranteed regular income.
4. No Advertising Costs.
5. No Letting Fees.
6. Fixed rental increases of 4% from year three.
7. Market Rent Reviews every 5 years.
8. No unscheduled maintenance costs, tenant pays Non-Capital Repairs
9. Tenant pays your Building Insurance
10. 15 year commercial lease with 2 x 5 year options.
11. Significant Building, Furniture, Fixtures and Equipment Depreciations in first 5 years.
12. Daily Property Inspections on your behalf.
13. Sell your unit at any time.
14. The strength of a tenant associated with Quest, which has a 25 year history
15. Quest Serviced Apartments is the largest operator in Australia with over 150 properties.
16. Strata Titled units each with an individual lease.
17. Highly suited to SMSF investment.
18. Your tenant is associated with a trusted Australian brand.
19. Blue Chip location.
20. Strong Capital growth prospects.
Pictures are Indicative only .

Property Code: 2005870284