2 Bitou Way, Fern Bay is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2011. The property has a land size of 303m2 and floor size of 147m2. While the property is not currently for sale or for rent, it was last sold in March 2020.
Currently rented to Defence Housing Australia for $530 p.w, this 2 storey, 4 bedroom home, nestled in the coastal town of Fern Bay, offers a savvy buyer guaranteed rent for the next 12 months with the option to then move in.
Property features:
4 bedrooms; main with ensuite and walk in robe, additional 3 bedrooms with built in robes
Local schools-Fern Bay Primary 1.4 kms approx.
Fern Bay Public School 3.2 kms approx.
Stockton Beach- 5.5kms approx.
Stockton/Newcastle Ferry- 9kms to Stockton wharf with plenty of free parking then a quick 5 minute trip on the scenic ferry across the river to Queens Wharf near the city centre of Newcastle.
Newcastle CBD- 20 kms approx.
Newcastle airport 9.3kms approx
Lease details:
Current weekly rent: $530 p.w
Lease end date: 17/01/2021
Lease option: Used
Right to Vary: 1 x up to 12 months Reduction and 1 x up to 12 months Extension (refer to the DHA Lease Agreement)
All options and variations are exercised at DHA's discretion
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
A rental floor may apply to the DHA Lease Agreement (applicable to specific lease editions and applies to commencement rent).
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.
In accordance with DHA regulations, we advise that this property will only be available for private inspections and to pre-qualified buyers.
Photos are supplied under agreement by DHA and are for illustration purposes only.
To find out more about this great home, or if you would like to arrange an inspection, please contact Tracee Stuart on 0400 404 464 or via email at tracee@hudsonproperty.com.au
The size of Fern Bay is approximately 8.4 square kilometres. It has 6 parks covering nearly 51.1% of total area. The population of Fern Bay in 2011 was 1,624 people. By 2016 the population was 2,760 showing a population growth of 70.0% in the area during that time. The predominant age group in Fern Bay is 60-69 years. Households in Fern Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fern Bay work in a professional occupation. In 2011, 84.9% of the homes in Fern Bay were owner-occupied compared with 79.6% in 2016.
Fern Bay has 1,927 properties. Over the last 5 years, Houses in Fern Bay have seen a 50.94% increase in median value, while Units have seen a 62.34% increase. As at 31 October 2024:
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