SOLD
RECENT ADVICE
Sold on 14 Oct 2024 for $615,010

23 Mona Vale Place
Annandale QLD 4814

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 690m2
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Property Details for 23 Mona Vale Pl, Annandale

23 Mona Vale Pl, Annandale is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 690m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 4 bedroom House sold in Annandale in the last 12 months.

Building Type
House
Land Size
690m2

Last Listing description (October 2024)

INVESTORS: This property represents a perfect opportunity for a savvy investor and is on a current DHA (Defence Housing Australia) lease until 2031 plus 1 x 3 year option which could take it through until the year 2034!

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.

LEASE DETAILS :

* Current lease dates : 05/05/2016 to 04/05/2025
* New lease dates : 05/05/2025 to 04/05/2031
* Lease option 1 x 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 GROSS RENT for 2024: $530pw and adjusted annually according to an independent professional valuation using comparable rentals.

PROPERTY FEATURES :
* 4 Large bedrooms including Master with Walk in robe, Ensuite and air conditioning
* Generous size kitchen with ample storage and bench space
* Outdoor undercover living area overlooking fully fenced rear yard
* Two separate living areas inc air-conditioned family and lounge
* Security Screens on doors and windows
* Ceiling fans in all bedrooms.
* Built approx 2002
* Approx 690sqm of land
* Spacious flat rear yard
* Short drive to both Annandale Shopping Centre and Fairfield Shopping Centre
* Short drive to James Cook University Hospital & University and Lavarack Barracks

DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is tenanted
* Annual independent rent reviews
* Most non-structural maintenance paid for by DHA
* The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement).
* Zero re-letting fees

ABOUT ANNANDALE :
Annandale, Townsville, offers investors a compelling opportunity with its strategic location and growing demand. This suburb is situated within easy reach of the city centre and major amenities, making it a desirable choice for tenants. The strong rental market and potential for capital appreciation make Annandale an attractive option for investors seeking a profitable and stable investment.

** 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. If you would like to arrange an inspection please contact Sharon Richter of Hudson Property Agents. 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.
Information provided above has been obtained from various sources which we believe to be accurate, however, Hudson Property Agents accept no liability for any errors or omissions, including but not limited to a Floorplan, lease dates, build date, land size, floor plans and size, and property condition. Interested parties should make their own enquiries and conduct their own due diligence in addition to obtaining legal advice from their appointed solicitor or conveyancer.

Property History for 23 Mona Vale Pl, Annandale, QLD 4814

A timeline of how this property has performed in the market
Last Sold
$615,010
14 Oct 2024
  • 14 Oct 2024
    Sold for $615,010
  • 28 Aug 2024
    Listed for Sale $579,000 Plus
  • 04 Nov 2011
    Sold for $430,000
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About Annandale 4814

The size of Annandale is approximately 6.8 square kilometres. It has 13 parks covering nearly 27.9% of total area. The population of Annandale in 2011 was 8,972 people. By 2016 the population was 8,570 showing a population decline of 4.5% in the area during that time. The predominant age group in Annandale is 10-19 years. Households in Annandale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Annandale work in a professional occupation. In 2011, 71% of the homes in Annandale were owner-occupied compared with 71.4% in 2016.

Annandale has 3,131 properties. Over the last 5 years, Houses in Annandale have seen a 65.29% increase in median value, while Units have seen a 54.69% increase. As at 30 November 2024:

  • The median value for Houses in Annandale is $684,657 while the median value for Units is $430,669.
  • Houses have a median rent of $565.
There are currently 14 properties listed for sale, and 12 properties listed for rent in Annandale on OnTheHouse. According to CoreLogic's data, 148 properties were sold in the past 12 months in Annandale.

Suburb Insights for Annandale 4814

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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.