OFF MARKET

3 Leeding Court
Bracken Ridge QLD 4017

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 168m2
Land area: 467m2
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Property Details for 3 Leeding Ct, Bracken Ridge

3 Leeding Ct, Bracken Ridge is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2010. The property has a land size of 467m2 and floor size of 168m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Year Built
2010
Floor Size
168m2
Land Size
467m2
Local Government
Brisbane
Lot/Plan
2/SP233856

Last Listing description (September 2023)

This executive home located in a quiet no-through court in the sought-after North Brisbane suburb of Bracken Ridge, is a standout for an investor. Currently leased to Defence Housing Australia (DHA) and for sale on behalf of a DHA lessor. Rented at $580 per week, the lease has almost 4 years remaining, expiring on 15/02/2027. Investment properties in this location are highly sought after, however are rarely offered to the market. Be quick, as this desirable property will not last !

Dwelling Features
Rendered brick with tile roof.

4 built-in bedrooms with ceiling fans and 2 bathrooms.
Master bedroom includes air conditioning and ensuite.
Two generous air conditioned living areas.
Expansive open plan living space serviced by a well-appointed kitchen.
Security screening throughout.
Double lock up garage.
A covered private outdoor entertaining area overlooks the fully fenced rear yard.
Valuable make-good available at lease end (refer to DHA lease).
Close to parkland, with easy access to schools, child care and shopping facilities.
Easy access to the Bruce Hwy, the Gateway Motorway, train station and the Brisbane CBD and Airport.

DHA LEASE SUMMARY:
Lease edition: Edition 6B
Lease end date: 15/02/2027
Rent for 2023: $580 per week
Lease option: Exercised
Right to vary: 1 x up to 12 months Reduction and 1 x up to 12 months Extension (at DHA's discretion)

DHA LEASE BENEFITS
DHA guarantee to pay the rent 52 weeks per year even if the property is vacant.
Rent is paid a month in advance and is reviewed in December every year by An independent registered valuer.
DHA Property Care, an all-inclusive service fee, covers a range of property related services.
The property is cleaned at the end of each tenancy period.
The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement)

Visit www.dha.gov.au to learn about the benefits of investing in DHA property.
In accordance with DHA regulations we advise that this property will be available for private inspection only and to prequalified buyers only. Photos are supplied under agreement by DHA and are for illustration purposes only. Place Projects accept no liability for any errors or omissions in information supplied by third parties.

To receive a copy of the Information Memorandum, or to arrange a private inspection, contact your DHA specialist agent at Place Projects, Dean Dederer on 0429 433 018 or deandederer@eplace.com.au

Property History for 3 Leeding Ct, Bracken Ridge, QLD 4017

A timeline of how this property has performed in the market
Last Sold
$745,000
02 Aug 2023
  • 02 Aug 2023
    Sold for $745,000
  • 21 Jul 2023
    Listed for Sale UNDER CONTRACT
  • 13 Jan 2019
    Sold for $495,000
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About Bracken Ridge 4017

The size of Bracken Ridge is approximately 7.9 square kilometres. It has 31 parks covering nearly 9.4% of total area. The population of Bracken Ridge in 2011 was 16,799 people. By 2016 the population was 16,943 showing a population growth of 0.9% in the area during that time. The predominant age group in Bracken Ridge is 30-39 years. Households in Bracken Ridge are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bracken Ridge work in a professional occupation. In 2011, 72% of the homes in Bracken Ridge were owner-occupied compared with 72.8% in 2016.

Bracken Ridge has 6,868 properties. Over the last 5 years, Houses in Bracken Ridge have seen a 84.29% increase in median value, while Units have seen a 77.82% increase. As at 31 July 2024:

  • The median value for Houses in Bracken Ridge is $901,118 while the median value for Units is $586,137.
  • Houses have a median rent of $640 while Units have a median rent of $560.
There are currently 35 properties listed for sale, and 23 properties listed for rent in Bracken ridge on OnTheHouse. According to CoreLogic's data, 255 properties were sold in the past 12 months in Bracken ridge.

Suburb Insights for Bracken Ridge 4017

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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.