SOLD
Sold on 26 Mar 2024 for $540,000

5-7 Drysdale Street
Bohle Plains QLD 4817

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 161m2
Land area: 726m2
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Property Details for 5-7 Drysdale St, Bohle Plains

5-7 Drysdale St, 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 726m2 and floor size of 161m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 4 bedroom House sold in Bohle Plains in the last 12 months.

Building Type
House
Year Built
2010
Floor Size
161m2
Land Size
726m2
Local Government
Townsville City
Lot/Plan
688/SP229797

Last Listing description (July 2024)

INVESTORS : This property represents a perfect opportunity for a savvy investor. 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 726 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.

CURRENT GROSS RENT FOR 2024 : $520pw and adjusted annually according to an independent professional valuation

LEASE DETAILS :

* Lease edition Edition 6B
* Lease start date 30/05/2012
* Lease end date 29/05/2027
* Lease option USED
* Right to vary 1 x up to 12 months Reduction and 1 x up to 12 months Extension
* Important Note: The 12 month right to vary is 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 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 onsell 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 excited about the promising capital growth prospects, now is the time to lock down your investment with this affordable investment..

PROPERTY FEATURES:
* 4 good size bedrooms inc Main with ensuite
* 2 Separate living areas plus generously sized study nook
* Air conditioning throughout
* Outdoor entertaining area
* Double lock up garage with internal access
* Security Screens throughout
* Ceiling fans throughout
* Large 726sqm block

RATES : TBC

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

** 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 5-7 Drysdale St, Bohle Plains, QLD 4817

A timeline of how this property has performed in the market
Last Sold
$540,000
26 Mar 2024
  • 26 Mar 2024
    Sold for $540,000
  • 27 Feb 2024
    Listed for Sale $520,000 +
  • 02 Aug 2021
    Sold for $395,000
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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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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.