FOR SALE
$639,000 Plus

Contact Agent For Address
Douglas QLD 4814

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 865m2
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DHA LEASED UNTIL 2029 + 3 YR OPTION. HOME IN PRIME LOCATION CLOSE TO HOSPITAL AND JAMES COOK UNI.

INVESTORS : We are proud to present investors with this desirable home, perfectly located in Douglas, Townsville and currently under lease to DHA (Defence Housing Australia) until 2029 with a 3 year option that could take it through until 2032. Situated within walking distance to all major public facilities, minutes from quality schools, Townsville CBD, James Cook University and Townsville Hospital. A hidden gem for investors, Douglas offers a unique blend of suburban charm and growth potential. Its proximity to James Cook University, schools, and shopping centres makes it a highly desirable location for tenants. Douglas presents a solid investment opportunity. Its tranquil setting and easy access to the city centre and natural attractions make it a sought-after suburb for both residents and investors alike.
LEASE DETAILS :
* Lease edition 7
* Lease start date : 6/05/2023
* Lease end date 5/05/2029
* Option : 1 x up to 36 months
* 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 RENT 2024: $580pw and adjusted annually based on the market rent assessment from independent professional valuer.
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 the home would be handed back for you to do as you like - move in, rent out privately or sell. You're also free to onsell to another investor at any time during the lease.
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Property Details for Contact Agent For Address, Douglas

Contact Agent For Address, Douglas is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 865m2. The place is currently for sale with Hudson Property.

Building Type
House
Land Size
865m2

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About Douglas 4814

The size of Douglas is approximately 8.8 square kilometres. It has 24 parks covering nearly 13.2% of total area. The population of Douglas in 2011 was 7,184 people. By 2016 the population was 7,746 showing a population growth of 7.8% in the area during that time. The predominant age group in Douglas is 20-29 years. Households in Douglas are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Douglas work in a professional occupation. In 2011, 46.3% of the homes in Douglas were owner-occupied compared with 45.3% in 2016.

Douglas has 2,845 properties. Over the last 5 years, Houses in Douglas have seen a 64.04% increase in median value, while Units have seen a 27.24% increase. As at 31 October 2024:

  • The median value for Houses in Douglas is $628,404 while the median value for Units is $345,233.
  • Houses have a median rent of $520 while Units have a median rent of $435.
There are currently 11 properties listed for sale, and 14 properties listed for rent in Douglas on OnTheHouse. According to CoreLogic's data, 246 properties were sold in the past 12 months in Douglas.

Suburb Insights for Douglas 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.