SOLD
Sold on 02 Jul 2024 for $480,000

16 Cardillah Avenue
Bohle Plains QLD 4817

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 143m2
Land area: 516m2
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Property Details for 16 Cardillah Ave, Bohle Plains

16 Cardillah Ave, Bohle Plains is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2010. The property has a land size of 516m2 and floor size of 143m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Bohle Plains in the last 12 months.

Building Type
House
Year Built
2010
Floor Size
143m2
Land Size
516m2
Local Government
Townsville City
Lot/Plan
765/SP236367

Last Listing description (January 2024)

INVESTORS: This is a perfect opportunity for a savvy investor. This property has a DHA (Defence Housing Australia) lease in place and rent is guaranteed until the end of the lease in January 2030 with an additional option of 3 years which would take it through until 2033! Currently rented at $470pw and about to have a professional and independent rental valuation undertaken with the new rent to apply from 1st January 2024. Located in Bohle Plains, home to North Queensland Cowboys and Dairy Farmers Stadium. The home is on a quiet street in the Kalynda Chase development, now one of Townsville's most popular developments with tennis courts, walking tracks, a gym, convenience shopping, restaurants and public transport.

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 is repainted at DHA's expense before being handed back for you to 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.

With Townsville experiencing some of the highest rental yields in the country, vacancy rates continuing to come down and property experts reporting Townsville as one of the countries best good capital growth prospects, now is the time to lock down your investment.

LEASE DETAILS :
* Current Lease end 19-01-2024
* NEW lease dates 20-01-2024 to 19-01-2030
* Lease option 1 x up to 36 months which could take the lease up to 19-01-2033
* 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: $470pw and adjusted each January according to an independent professional valuation.

PROPERTY FEATURES:
* Modern lowset home
* 3 Bedrooms and two living areas
* Master Bedroom inc Main with Ensuite, Walk in robe and Air Conditioning
* 2 Separate living areas inc Family/Rumpus and Living/Dining
* Open plan dining, kitchen and family room, flows out to the undercover entertaining area through glass sliding doors.
* Air conditioning and fans throughout
* Double lock up garage with internal entry
* Security Screens
* 516 sqm block
* Built approx 2010

* Council & Water Rates - $1,929.45 per 6 months

DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is tenanted
* Annual independent rent reviews
* Most maintenance is 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 a 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 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, 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.

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Property History for 16 Cardillah Ave, Bohle Plains, QLD 4817

A timeline of how this property has performed in the market
Last Sold
$480,000
02 Jul 2024
Listed for Rent
$325/w
12 Jun 2018
  • 23 Jul 2024
    Listed for Sale High $400,000's
  • 02 Jul 2024
    Sold for $480,000
  • 24 Oct 2023
    Listed for Sale Offers above $450,000
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About 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.
There are currently 11 properties listed for sale, and 5 properties listed for rent in Bohle plains on OnTheHouse. According to CoreLogic's data, 238 properties were sold in the past 12 months in Bohle plains.

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