FOR SALE
$569,000 Plus

Contact Agent For Address
Burdell QLD 4818

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 550m2
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LEASED TO DEFENCE HOUSING UNTIL 2028.

INVESTORS: If you're looking for a safe and secure property in a market that produces some of the best yielding investments in the country then you can't go wrong with this home. Built in 2013 and currently tenanted on a long term lease to Defence Housing Australia (DHA) until June 2028. The 2024 rent is currently $530pw and is reviewed annually by an independent professional valuer, and adjusted on the 1st of January every year.
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 to offer buyers a stress free experience. Ideal for those investors located anywhere in the country, purchasing as an individual or through self managed super funds, and perfect for those starting their property portfolio and looking for a safe and secure option.
At lease end the home is repainted inside and out as part of the lease end 'make good' and at DHA's expense before being handed back for you to move in, rent out privately or sell OR you can also choose to discuss DHA's requirements for the home on a longer term basis with the potential to lock in a new lease. You're also free to onsell to another investor at any time during the lease.
Burdell is a northern suburb of the City of Townsville with approx 9000 people. The home is located within walking distance of a private school and daycare and a 2 minute drive to shopping and facilities.
LEASE DETAILS :
* Lease start date: 11/06/2013
* Lease end date: 10/06/2028
* Lease option: USED
* Right to vary: 1 x up to 12 months Reduction and 1 x up to 12 months Extension
* Note: The option and right to vary is at DHA's discretion.
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Property Details for Contact Agent For Address, Burdell

Contact Agent For Address, Burdell is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 550m2. The place is currently for sale with Hudson Property.

Building Type
House
Land Size
550m2

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About Burdell 4818

The size of Burdell is approximately 15.4 square kilometres. It has 6 parks covering nearly 2.6% of total area. The population of Burdell in 2011 was 5,658 people. By 2016 the population was 5,826 showing a population growth of 3.0% in the area during that time. The predominant age group in Burdell is 20-29 years. Households in Burdell are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Burdell work in a trades occupation. In 2011, 65.6% of the homes in Burdell were owner-occupied compared with 48.1% in 2016.

Burdell has 3,504 properties. Over the last 5 years, Houses in Burdell have seen a 71.07% increase in median value, while Units have seen a 104.76% increase. As at 31 August 2024:

  • The median value for Houses in Burdell is $589,038 while the median value for Units is $616,380.
  • Houses have a median rent of $540 while Units have a median rent of $388.
There are currently 21 properties listed for sale, and 8 properties listed for rent in Burdell on OnTheHouse. According to CoreLogic's data, 332 properties were sold in the past 12 months in Burdell.

Suburb Insights for Burdell 4818

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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.