1 Lolworth LaneBohle Plains QLD 4817
Property Details for 1 Lolworth Lane, Bohle Plains
1 Lolworth Lane, Bohle Plains is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2010. The property has a land size of 733m2 and floor size of 156m2. While the property is not currently for sale or for rent, it was last sold in April 2023.
Last Listing description (June 2023)
INVESTORS : This is a perfect opportunity for a savvy investor. This property has a DHA (Defence Housing Australia) lease in place and rent guaranteed until the end of the lease, currently locked in until August 2027 plus one 3 year option which could take it through until 2030. Currently rented at $500pw and returning a strong investor yield of 5.36%, sure to satisfy the banks. Built by Grady Homes on a larger than usual 733 sqm block & located on a quiet street in the Kalynda Chase development in Bohle Plains, now one of Townsville's most popular developments with tennis courts, walking tracks, gyms, convenience shopping, restaurants and public transport.
A 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, superannuation funds, and perfect for those starting their property portfolio and looking for a safe and secure option to get started.
With Townsville experiencing some of the highest rental yields in the country, vacancy rates continuing to come down and property experts reporting Townsville still producing good capital growth options now is the time to lock down a secure, high yielding investment that will satisfy the banks.
LEASE DETAILS :
* Lease edition 6
* Lease start date 21/08/2021
* Lease end date 20/08/2027
* Lease option 1 x 3 year option
* 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 2023: $500pw and reviewed annually each December.
PROPERTY FEATURES:
* Modern lowset brick home
* 4 Large Bedrooms plus a full size study or versatile space for toddlers bedroom or play room.
* Master Bedroom inc Main with Ensuite, Walk in Robe and Air Conditioning
* 2 Separate living areas inc Family/Rumpus and Living/Dining
* Air conditioning throughout
* Double lock up garage with internal entry
* Security Screens
* Outdoor undercover patio/entertaining area
* Side access
* Spacious 733 sqm block
* Built approx 2010
* Council & Water Rates - Approx TBC
DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is tenanted
* Annual independent rent reviews
* Most 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
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 Sharon Richter of Hudson Property Agents. In accordance with DHA regulations, we advise that this property will only be available for private inspections and to pre-qualified buyers.
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 Floorpan, build date, land size, floor plans and size, 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 1 Lolworth Lane, Bohle Plains, QLD 4817
- 27 Apr 2023Sold for $490,000
- 06 Apr 2023Listed for Sale Offers Above $485,000
- 20 Jul 2012Listed for Rent - Price not available
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0About Bohle Plains 4817
The size of Bohle Plains is approximately 31.6 square kilometres. It has 3 parks covering nearly 1.7% of total area. The population of Bohle Plains in 2011 was 2,199 people. By 2016 the population was 3,217 showing a population growth of 46.3% in the area during that time. The predominant age group in Bohle Plains is 0-9 years. Households in Bohle Plains are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bohle Plains work in a community and personal service occupation. In 2011, 44.6% of the homes in Bohle Plains were owner-occupied compared with 43.9% in 2016.
Bohle Plains has 2,151 properties. Over the last 5 years, Houses in Bohle Plains have seen a 61.99% increase in median value, while Units have seen a 76.00% increase. As at 31 October 2024:
- The median value for Houses in Bohle Plains is $611,755 while the median value for Units is $532,233.
- Houses have a median rent of $550.
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