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Sold on 24 Jan 2024 for $487,000

3 Poinsettia Drive
Bohle Plains QLD 4817

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 439m2
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Property Details for 3 Poinsettia Dr, Bohle Plains

3 Poinsettia Dr, Bohle Plains is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 439m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 4 bedroom House sold in Bohle Plains in the last 12 months.

Building Type
House
Land Size
439m2
Local Government
Townsville City
Lot/Plan
878/SP250573

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, currently locked in until 2026 plus 1 x 3 year option which would take it through until 2029. Currently rented at $520pw which represents a generous 5.69% yield. 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.

At lease end the home is repainted inside and out as part of the lease end 'make good' and at DHA's expense before being handed back for you to move in, rent out privately or sell OR you can also choose to discuss DHA's requirements for the home on a longer term basis with the potential to lock in a new lease. You're also free to onsell to another investor at any time during the lease.

CURRENT GROSS RENT for 2024: $520pw and adjusted each January to realign with current market rent through an independent professional valuation.

LEASE DETAILS :
* Lease dates 17/06/2014 - 16/06/2026
* Lease option : 1 x 36 months
* Right to vary : 1 x up to 12 months Reduction and 1 x up to 12 months Extension
* Important Note: The 36 month option and 12 month right to vary are at DHA’s discretion.

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 to offer buyers a stress free experience. Ideal for those investors located anywhere in the country, purchasing as an individual or through self managed super funds, and perfect for those starting their property portfolio and looking for a safe and secure option.

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 in the area.

PROPERTY FEATURES:
* Modern lowset brick home
* 4 Bedrooms inc Master Bedroom inc Main with Ensuite, built in Robe and Air Conditioning
* 2 Separate living areas inc Family/Rumpus and Living/lounge room at front of the home
* Modern Kitchen with stainless appliances and ample storage and bench space
* Air conditioning throughout
* Ceiling fans throughout
* Easy care tiles throughout
* Double lock up garage with internal entry
* Security Screens
* Outdoor undercover patio/entertaining area
* 439 sqm block
* Built approx 2013

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

** 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 coordinated 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 3 Poinsettia Dr, Bohle Plains, QLD 4817

A timeline of how this property has performed in the market
Last Sold
$487,000
24 Jan 2024
  • 24 Jan 2024
    Sold for $487,000
  • 09 Jan 2024
    Listed for Sale Offers above $475,000
  • 05 May 2014
    Sold for $420,000
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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 2,075 properties. Over the last 5 years, Houses in Bohle Plains have seen a 49.85% increase in median value, while Units have seen a 158.76% increase. As at 31 July 2024:

  • The median value for Houses in Bohle Plains is $574,948 while the median value for Units is $795,213.
  • Houses have a median rent of $530.
There are currently 13 properties listed for sale, and 1 property listed for rent in Bohle plains on OnTheHouse. According to CoreLogic's data, 198 properties were sold in the past 12 months in Bohle plains.

Suburb Insights for Bohle Plains 4817

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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.