17/131-135 Willarong RoadCaringbah NSW 2229
Property Details for 17/131-135 Willarong Rd, Caringbah
17/131-135 Willarong Rd, Caringbah is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2011. The property has a land size of 284m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom Unit sold in Caringbah in the last 12 months.
Last Listing description (May 2024)
This centrally located, stylish, north facing, 3 bedroom apartment represents a wonderful opportunity to a discerning investor looking for guaranteed rent with a quality tenant and stress free property management. The property is on lease to Defence Housing Australia (DHA) until Sept 2025 with an option to extend for a further 3 years. Current Gross Rent (2024): $925 pw (rent is reviewed every December).
Property Features:
North facing
2 bathrooms- main and master bedroom with ensuite
2 living spaces- lounge and dining
Kitchen ? side by side oven installed + access to a water tap for the fridge
Colour scheme- cream walls and ceiling, neutral toned benchtops and light tiling
Quantum Quartz bench tops and Bosch appliances and gas cooktop
Pet-friendly building
Ducted air con
Video intercom
large sunny grassed courtyard(128sqm)
Access to double car space in secure, underground garage by central elevator
Built: Circa 2012
Total Size: 284sqm (118sqm floor size + patio,128sqm courtyard, 38sqm double car space)
Defence Housing Australia (DHA) Lease Details:
Rent (2024): $925 pw (rent is reviewed every December)
27/09/2013-26/09/2025
3 year option
Right to vary + or 1 up to 12 months
Important Note: The 36 month option and 12 month right to vary are at DHA?s discretion.
What?s Nearby?
Caringbah Train Station: 450 m (6 min walk)
Coles Caringbah: 650m (4 min drive)
Caringbah Shopping Village: 1km (4 min drive or 11 min walk)
Sutherland Hospital: 900m (3min drive)
Cronulla Beach: 5.5km (10 min drive)
Caringbah Public School: 1.8km (4min drive)
Caringbah High School: 550m (1 min drive or 6 min walk)
De la Salle Catholic College Private (Years 7-10): 1.1km ( 3min drive or 14min walk)
Endeavour Sports High School 7-12: 1.1km (3min drive or 13min walk)
Outgoings:
DHA Fees (13%) : $522.95 per month (management and maintenance)
Strata: $1465.20 pq ($1262.30 admin + $202.90 sinking fund)
Council: $358.60 pq
Water:$159.08 pq
DHA lease benefits:
? DHA guarantee to pay the rent even if the property is vacant.
? DHA Property Care, an all-inclusive service fee, covers a range of property related services.
? The property is cleaned at the end of each tenancy period.
? The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement
This property is for sale on behalf of a Defence Housing Australia lessor and has a Defence Housing Australia lease in place. Visit dha.gov.au to learn the benefits of investing in Defence Housing Australia property.
Photos are supplied under agreement by DHA and are for illustration purposes only.
In accordance with DHA regulations, we advise that this property will only be available for private inspections to pre-qualified buyers.
To find out more about this rare investment opportunity please contact Tracee Stuart at Hudson Property, the Defence Specialists.
Property History for 17/131-135 Willarong Rd, Caringbah, NSW 2229
- 11 Apr 2024Sold for $1,075,000
- 12 May 2023Listed for Sale Open to Offers
- 03 Sep 2013Sold for $770,000
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About Caringbah 2229
The size of Caringbah is approximately 5 square kilometres. It has 18 parks covering nearly 4% of total area. The population of Caringbah in 2011 was 10,955 people. By 2016 the population was 11,673 showing a population growth of 6.6% in the area during that time. The predominant age group in Caringbah is 30-39 years. Households in Caringbah are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Caringbah work in a professional occupation. In 2011, 62.4% of the homes in Caringbah were owner-occupied compared with 59.9% in 2016.
Caringbah has 8,362 properties. Over the last 5 years, Houses in Caringbah have seen a 52.59% increase in median value, while Units have seen a 28.66% increase. As at 30 September 2024:
- The median value for Houses in Caringbah is $1,808,448 while the median value for Units is $868,857.
- Houses have a median rent of $835 while Units have a median rent of $650.
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