FOR SALE
$645,000 Plus

Contact Agent For Address
Annandale QLD 4814

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 563m2
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DHA INVESTMENT ANNANDALE, TOWNSVILLE.

INVESTORS: This property represents a perfect opportunity for a savvy investor. Currently rented at $530 per week and about to be adjusted in line with the new rental valuation for 2025 . The property has a current DHA (Defence Housing Australia) lease in place and rent is guaranteed until the end of the lease, locked in until January 2027. Situated on a quiet street in Annandale, Townsville and close to all major conveniences and a short drive to James Cook University Hospital & University and Lavarack Barracks.
A DHA (Defence Housing Australia) lease offers the new owners amazing inclusions such as guaranteed rental income, a comprehensive property care/maintenance package, & annual independent professional rental valuations and adjustments, all of which are designed for stress free investing. Ideal for investors located anywhere in the country, superannuation funds, and perfect for those starting their property portfolio and looking for a safe and secure option. At lease end you can also choose to discuss DHA's requirements for the home on a longer term basis with the potential for a new lease. You're also free to onsell to another investor at any time during the lease.
LEASE DETAILS :
* Current lease dates : 16/01/2018
* New lease dates : 15/01/2027
* Right to vary 1 x up to 12 months Reduction and 1 x up to 12 months Extension
* All options/extensions are in DHA's FAVOUR.
CURRENT GROSS RENT for 2024: $530pw and adjusted annually on the 1st January based on the assessment from independent professional valuer.
PROPERTY FEATURES :
* 4 Large bedrooms including Master with Walk in robe, Ensuite and air conditioning
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Property Details for Contact Agent For Address, Annandale

Contact Agent For Address, Annandale is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 563m2. The place is currently for sale with Hudson Property.

Building Type
House
Land Size
563m2

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About Annandale 4814

The size of Annandale is approximately 6.8 square kilometres. It has 13 parks covering nearly 27.9% of total area. The population of Annandale in 2011 was 8,972 people. By 2016 the population was 8,570 showing a population decline of 4.5% in the area during that time. The predominant age group in Annandale is 10-19 years. Households in Annandale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Annandale work in a professional occupation. In 2011, 71% of the homes in Annandale were owner-occupied compared with 71.4% in 2016.

Annandale has 3,131 properties. Over the last 5 years, Houses in Annandale have seen a 65.29% increase in median value, while Units have seen a 54.69% increase. As at 30 November 2024:

  • The median value for Houses in Annandale is $684,657 while the median value for Units is $430,669.
  • Houses have a median rent of $565.
There are currently 16 properties listed for sale, and 12 properties listed for rent in Annandale on OnTheHouse. According to CoreLogic's data, 148 properties were sold in the past 12 months in Annandale.

Suburb Insights for Annandale 4814

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Contact agent
Sharon Richter
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Sage Merlin
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Hudson Property
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.