FOR SALE
$589,000 Plus

Contact Agent For Address
Burdell QLD 4818

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 528m2
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LEASED TO DEFENCE HOUSING WITH GUARANTEED RENT.

INVESTORS : This property represents a perfect opportunity for a savvy investor. Currently rented at $530 per week with a current DHA (Defence Housing Australia) lease in place and rent guaranteed until the end of the lease, locked in until 2028 Situated on a generous 528 sqm block on a quiet street in Burdell, a northern suburb with approx 9000 people in the City of Townsville. Situated just 8km from Townsville CBD, Burdell offers a relaxed coastal vibe while remaining close to the city's heart.
LEASE DETAILS :

* Lease commenced 18-01-2013
* Lease end date 17-01-2028
* Lease option Used
* Right to vary 1 x up to 12 months
*** NOTE : All options/extensions are in DHA's favour.
CURRENT RENT for 2024 : $530pw and adjusted each year according to an independent professional valuation.
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 DHA will conduct a thorough clean and make good at their expense before being handed back for you to move in, rent out privately or sell. You're also free to sell to another investor at any time during the lease. With Townsville experiencing some of the highest rental yields in the country, vacancy rates continuing to come down and property experts reporting Townsville still producing good capital growth options now is the time to lock down your investment.
PROPERTY FEATURES:
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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 528m2. The place is currently for sale with Hudson Property.

Building Type
House
Land Size
528m2

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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 3,479 properties. Over the last 5 years, Houses in Burdell have seen a 76.28% increase in median value, while Units have seen a 99.89% increase. As at 31 October 2024:

  • The median value for Houses in Burdell is $609,591 while the median value for Units is $585,590.
  • Houses have a median rent of $550 while Units have a median rent of $420.
There are currently 26 properties listed for sale, and 16 properties listed for rent in Burdell on OnTheHouse. According to CoreLogic's data, 305 properties were sold in the past 12 months in Burdell.

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Contact agent
Sage Merlin
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Hudson Property
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