OFF MARKET

6 Milkwood Crescent
Bohle Plains QLD 4817

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 152m2
Land area: 502m2
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Property Details for 6 Milkwood Cres, Bohle Plains

6 Milkwood Cres, 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 502m2 and floor size of 152m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
House
Year Built
2012
Floor Size
152m2
Land Size
502m2
Local Government
Townsville City
Lot/Plan
855/SP247161

Last Listing description (February 2021)

This property represents the perfect opportunity for an astute investor. With security and peace of mind" from a long lease to Defence Housing Australia (DHA) and guaranteed rental income even if the property is vacant, along with other extensive benefits of the DHA Property Care Services, you cant go wrong.

Located in a quiet Crescent in Kalynda Chase development in Bohle Plains. and in close proximity to Townsville Golf Course, Willows Shopping Centre, Cannon Park and multiple private and public school options. 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 Townville 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 to investing in to the region.

PROPERTY FEATURES:
* 4 good size bedrooms inc Main with ensuite
* 2 Separate living areas
* Air conditioning throughout
* Outdoor entertaining area
* Double lock up garage with internal access
* Security Screens throughout
* 502sqm block

LEASE DETAILS :
* Lease edition Edition 6B
* Lease start date 27/06/2013
* Lease end date 26/06/2025
* 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

CURRENT GROSS RENT : $435pw and reviewed annually each December.

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 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.
***The rent displayed is the 2020 rental figure, please note, DHA has recently performed a rent revaluation on this property. Please enquire with the agent to confirm the 2021 rental figure***

Property History for 6 Milkwood Cres, Bohle Plains, QLD 4817

A timeline of how this property has performed in the market
Last Sold
$369,000
15 Dec 2020
  • 15 Dec 2020
    Sold for $369,000
  • 27 Nov 2020
    Listed for Sale $369,000 PLUS
  • 04 Jun 2013
    Sold for $430,000
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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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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.