SOLD
Sold on 15 Jul 2024 for $720,000

20/8-10 James Cash Court
Albany Creek QLD 4035

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 146m2
Land area: 257m2
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Property Details for 20/8-10 James Cash Ct, Albany Creek

20/8-10 James Cash Ct, Albany Creek is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2009. The property has a land size of 257m2 and floor size of 146m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom Townhouse sold in Albany Creek in the last 12 months.

Building Type
Townhouse
Year Built
2009
Floor Size
146m2
Land Size
257m2
Local Government
Moreton Bay
Lot/Plan
20/SP213647

Last Listing description (August 2024)

Welcome to an exceptional opportunity - a home of enduring appeal, currently leased to DHA (Defence Housing Australia) until 2027. Nestled in the tranquil suburb of Albany Creek, this property promises a lifestyle of convenience and calm. Just 18km north of Brisbane's bustling CBD, it strikes the perfect balance between urban accessibility and suburban tranquility. Albany Creek boasts top-tier schools, sprawling parklands, and a host of local amenities, all within easy reach. For commuters, it's an ideal locale, with major thoroughfares offering direct routes to the city or seamless connections for weekend escapes to the Sunshine Coast.

PROPERTY FEATURES:
* 3 Spacious carpeted bedrooms

* Main bathroom with Shower and Bath plus separate toilet
* Master suite with Walk-In robe, Air-conditioning and Ensuite
* Large Rumpus upstairs opening to large deck
* Galley kitchen boasts stainless steel cooking appliances & ample storage and bench space.
* Tiled Living & dining area with sliding doors opening to outdoor undercover alfresco dining area.
* Ceiling fans & Ducted Aircon throughout
* Internal Laundry plus additional toilet
* Double lock up garage with internal access
* Security screens

CURRENT RENT 2024 : $537/week and adjusted annually according to an independent professional valuation

LEASE DETAILS :
* Current Lease date: 17/09/2018 to 17/09/2027
* Lease option: Nil

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 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 during the lease.

DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is occupied.
* Annual independent rent reviews.
* Zero re-letting fees for the length of the lease.
* DHA Property Care, an all-inclusive service fee, covers a range of property related services.
* At the end of each tenancy period, the property is professionally cleaned.

** A note for Owner Occupiers -This property is sold with a DHA (Defence Housing Australia) lease in place which offers significant benefits to the investor however can't be occupied by the owner/s until the lease ends **

***Investing with DHA - This property is for sale on behalf of a DHA Lessor and has a DHA Lease Agreement in place. Visit dha.gov.au to learn about the benefits of investing in a DHA property. In accordance with DHA regulations, we advise that this property will only be available for private inspections and must be co-ordinated by the agent with the tenants.

Property History for 20/8-10 James Cash Ct, Albany Creek, QLD 4035

A timeline of how this property has performed in the market
Last Sold
$720,000
15 Jul 2024
Listed for Rent
$420/w
12 Apr 2011
  • 15 Jul 2024
    Sold for $720,000
  • 25 Jun 2024
    Listed for Sale Offers Over $675,000
  • 12 Apr 2011
    Listed for Rent - Price not available
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About Albany Creek 4035

The size of Albany Creek is approximately 9.7 square kilometres. It has 48 parks covering nearly 20.8% of total area. The population of Albany Creek in 2011 was 15,860 people. By 2016 the population was 15,775 showing a population decline of 0.5% in the area during that time. The predominant age group in Albany Creek is 50-59 years. Households in Albany Creek are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Albany Creek work in a professional occupation. In 2011, 82.6% of the homes in Albany Creek were owner-occupied compared with 80.7% in 2016.

Albany Creek has 6,682 properties. Over the last 5 years, Houses in Albany Creek have seen a 82.91% increase in median value, while Units have seen a 77.27% increase. As at 31 July 2024:

  • The median value for Houses in Albany Creek is $1,101,999 while the median value for Units is $721,432.
  • Houses have a median rent of $700 while Units have a median rent of $605.
There are currently 41 properties listed for sale, and 11 properties listed for rent in Albany creek on OnTheHouse. According to CoreLogic's data, 286 properties were sold in the past 12 months in Albany creek.

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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.