20 Cherwell AvenueBohle Plains QLD 4817
Property Details for 20 Cherwell Ave, Bohle Plains
20 Cherwell Ave, Bohle Plains is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2012. The property has a land size of 674m2 and floor size of 156m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
Last Listing description (October 2023)
INVESTORS: This property represents a perfect opportunity for a savvy investor. Currently rented at $510pw and returning a strong investor yield of 5.7%, which is sure to satisfy the banks. With a current DHA (Defence Housing Australia) lease in place and rent guaranteed until the end of the lease, locked in until May 2027. Situated on a generous 674 sqm block on a quiet street in the Kalynda Chase development of 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 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.
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 your investment.
LEASE DETAILS :
* Lease edition 6B
* Lease start date 17/05/2012
* Lease end date 16/05/2027
* Lease option USED
* 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: $510pw and adjusted each December according to an independent professional valuation using comparable rentals.
PROPERTY FEATURES:
* Modern lowset brick home
* 4 Large Bedrooms plus a media room/ study/ play room.
* Master Bedroom inc Main with Ensuite, Walk in Robe and Air Conditioning
* 2 Separate living areas inc Family/Rumpus and Living/lounge room at front of the home
* Air conditioning throughout
* Ceiling fans throughout
* Easy care tiles throughout
* Double lock up garage with internal entry
* Security Screens
* Outdoor undercover patio/entertaining area
* Side access
* Spacious 674 sqm block
* Built approx 2010
* Council & Water Rates - 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 20 Cherwell Ave, Bohle Plains, QLD 4817
- 28 Jul 2023Sold for $470,500
- 12 Jul 2023Listed for Sale Offers Above $465,000
- 09 Jun 2016Sold for $440,000
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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 2,152 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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