OFF MARKET

7/8-10 James Cash Court
Albany Creek QLD 4035

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 124m2
Land area: 199m2
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Property Details for 7/8-10 James Cash Ct, Albany Creek

7/8-10 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 199m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
Townhouse
Year Built
2009
Floor Size
124m2
Land Size
199m2
Local Government
Moreton Bay
Lot/Plan
7/SP213647

Last Listing description (November 2021)

INVESTORS OPPORTUNITY - this spacious 199sqm, two storey townhouse consist of an open plan kitchen and meals area, a separate living area patio and upstairs balcony off the main bedroom. All of the 3 bedrooms contain built in robes and the Master featuring an ensuite. The home includes ducted air conditioning, ceiling fans, security screens and a lock up garage with internal access, plus additional Bathroom.

Currently leased by DHA (Defence Housing Australia) until August 2022. At lease end, the owners can rent out, move in or sell after the 'make good' has been completed by DHA.

The DHA (Defence Housing Australia) lease offers the new owners guaranteed rental income, resulting in stress-free investing, regardless of whether the home is tenanted. Ideal for investors from anywhere in the country, great for superannuation funds, or for those starting their property portfolio and looking for a safe and secure option to get started.

PROPERTY FEATURES:
* Ducted Air Conditioning
* Open plan kitchen & living/dining
* Main Bedroom with walk in robe, ensuite and access to balcony
* Other bedrooms with built in robe, with 2nd bedroom also having access to Balcony.
* Modern Designed kitchen with ample bench space and modern SS appliances.
* Relatively maintenance free backyard.
* Built In Approx. 2009

LEASE FEATURES :
* Lease start date 20/08/2010
* Lease end date 16/08/2022
* Option 3 years
* Initial term 12 years

CURRENT RENT for 2021: $415pw and assessed again in December each year.

BODY CORP: Approx. $770 per quarter
RATES : Approx. $470 per quarter

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)

To find out more about this great investment opportunity or if you would like to arrange an inspection please contact Matt Morgan on 0452 457 653.

These are just some of the benefits of the DHA lease attached to this property. Enjoy all the benefits of rental guarantee and a no-fuss investment property; let DHA do all the hard work for you.

* 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. If you would like to arrange an inspection please contact Matt Morgan on 0452 457 653.

* 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 or other sources and are for illustration purposes only.

Only 18kms from the CBD and only a short distance to quality schools and the Albany Creek Shopping Village, cafes, and amenities at your fingertips. This home will be in high demand and not to be missed.

With record low interest rates and Queensland defying the odds and experiencing some of the best capital growth and highest rental yields in the country, now is the perfect time to consider investing in Brisbane.

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Property History for 7/8-10 James Cash Ct, Albany Creek, QLD 4035

A timeline of how this property has performed in the market
Last Sold
$515,000
14 Oct 2021
Listed for Rent
$390/w
10 Feb 2020
  • 14 Oct 2021
    Sold for $515,000
  • 22 Jan 2020
    Listed for Rent $390 / week
  • 05 Oct 2019
    Listed for Sale OFFERS ABOVE $435,000
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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 6,650 properties. Over the last 5 years, Houses in Albany Creek have seen a 80.20% increase in median value, while Units have seen a 93.09% increase. As at 30 September 2024:

  • The median value for Houses in Albany Creek is $1,112,924 while the median value for Units is $781,574.
  • Houses have a median rent of $700 while Units have a median rent of $645.
There are currently 43 properties listed for sale, and 9 properties listed for rent in Albany creek on OnTheHouse. According to CoreLogic's data, 260 properties were sold in the past 12 months in Albany creek.

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