5 Bulimba WayBohle Plains QLD 4817
Property Details for 5 Bulimba Way, Bohle Plains
5 Bulimba Way, Bohle Plains is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2011. The property has a land size of 563m2 and floor size of 145m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
Last Listing description (July 2022)
INVESTORS : This home is perfect for investors looking for good long term growth and security with the DHA lease in place until 2023 with an option of up to 3yrs which would take it through until 2026. The DHA (Defence Housing Australia) lease offers the new owners guaranteed rental income, resulting in stress free investing, regardless of whether the home is tenanted. Representing the perfect opportunity for an astute investor with security and peace of mind" from a long lease to Defence Housing Australia (DHA) and extensive benefits of the DHA Property Care & Maintenance Services, you cant go wrong.
The property is flood free and located in a quiet Street in Kalynda Chase development in Bohle Plains, now one of Townsville's most popular developments with tennis courts, walking tracks, gym, convenience shopping, restaurants and public transport. This is the perfect home for an investor to move in at lease end, rent out or sell after DHA's make good is completed.
With Townsville experiencing some of the highest rental yields in the country, vacancy rates continuing to come down and property experts reporting Townsville is on the way back from its previous downturn, now is the perfect time to consider investing in the region.
CURRENT GROSS RENT FOR 2022 : $435pw and reviewed annually each December.
LEASE DETAILS :
* Lease edition Edition 6B
* Lease start date 08/11/2011
* Lease end date 17/11/2023
* Lease option 1 x up to 36 months
* Right to vary 1 x up to 12 months Reduction and 1 x up to 12 months Extension
* Note: The option and right to vary is at DHAs discretion.
PROPERTY FEATURES:
* 3 good size bedrooms inc Main with ensuite
* 2 Separate living areas inc Main lounge at front of the home
* Air conditioning throughout
* Outdoor entertaining area
* Double lock up garage with internal access
* Security Screens throughout
* Ceiling fans throughout
* Large 563sqm block
* Built 2011
RATES : $1912 per 6 month less water usage of approx $300 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 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
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 to pre-qualified buyers.
Information provided above has been obtained from various sources from 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 5 Bulimba Way, Bohle Plains, QLD 4817
- 20 May 2022Sold for $385,000
- 10 Jan 2022Listed for Sale Offers above $379,000
- 15 Sep 2011Sold for $425,000
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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.
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