FOR SALE
$650,000 Plus

Contact Agent For Address
Chermside QLD 4032

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 113m2
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DHA LEASED APARTMENT IN VIBRANT CHERMSIDE. IT WILL NOT LAST.

INVESTORS: Available now to a savvy investor is this modern and conveniently located apartment leased to Defence Housing (DHA) offering GUARANTEED RENT for the life of the lease. Constructed in 2015 the apartment offers approx. 73m² of internal living area plus 17m² balcony, a single underground secure car park with storage cage and lift access. The 'Nature's Edge' development is located across the road from Westfield Chermside, ranking amongst Australia's largest Shopping Centres with a huge range of shopping, cinemas, restaurants, entertainment amenities and public transport options.
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. The DHA program is designed to provide a home for members of the Australian Defence Force and their families whilst providing investors with an opportunity to be a part of one of Australia's most respected investment schemes.
At lease end the property would be handed back for you to do as you like - move in, rent out privately or sell. 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 sell to another investor at any time.
GROSS RENT FOR 2024: $540pw and adjusted annually based on the assessment from independent professional valuer.
DHA LEASE DETAILS :
* Current Lease ending: 29/06/2025
* New Lease : commences 30/06/2025 - 29/06/2028
* Lease option: 1 x 36 month option
* Right to vary: 1 x up to 12 months
* All options/extensions are in DHA's favour.
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Property Details for Contact Agent For Address, Chermside

Contact Agent For Address, Chermside is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 113m2. The place is currently for sale with Hudson Property.

Building Type
Unit
Land Size
113m2

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About Chermside 4032

The size of Chermside is approximately 4 square kilometres. It has 10 parks covering nearly 23.6% of total area. The population of Chermside in 2011 was 8,170 people. By 2016 the population was 9,313 showing a population growth of 14.0% in the area during that time. The predominant age group in Chermside is 20-29 years. Households in Chermside are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Chermside work in a professional occupation. In 2011, 34.7% of the homes in Chermside were owner-occupied compared with 31.5% in 2016.

Chermside has 7,571 properties. Over the last 5 years, Houses in Chermside have seen a 67.02% increase in median value, while Units have seen a 69.21% increase. As at 31 October 2024:

  • The median value for Houses in Chermside is $977,450 while the median value for Units is $644,417.
  • Houses have a median rent of $590 while Units have a median rent of $580.
There are currently 63 properties listed for sale, and 38 properties listed for rent in Chermside on OnTheHouse. According to CoreLogic's data, 404 properties were sold in the past 12 months in Chermside.

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Sharon Richter
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Viv Robinson
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Hudson Property
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