SOLD
Sold on 14 Feb 2024 for $460,000

3 Boult Crescent
Burdell QLD 4818

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 146m2
Land area: 450m2
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Property Details for 3 Boult Cres, Burdell

3 Boult Cres, Burdell is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2011. The property has a land size of 450m2 and floor size of 146m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Burdell in the last 12 months.

Building Type
House
Year Built
2011
Floor Size
146m2
Land Size
450m2
Local Government
Townsville City
Lot/Plan
787/SP221996

Last Listing description (August 2023)

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 end of the lease in May 2026. Currently rented at $470pw and returning a strong investor yield of 5.83%, sure to satisfy the banks. 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, gym, convenience shopping, restaurants and public transport.

A DHA (Defence Housing Australia) lease offers the new owners guaranteed rental income, resulting in stress free investing, regardless of whether the home is tenanted. Ideal for investors from anywhere in the country, superannuation funds, and perfect for those starting their property portfolio and looking for a safe and secure option to get started.

With Townsville experiencing some of the highest rental yields in the country, vacancy rates continuing to come down and Townsville still defying the odds, now is the perfect time to consider investing in the region.

LEASE DETAILS :
* Lease edition 6B
* Lease start date 26/05/2011
* Lease end date 25/05/2026
* Lease option Used
* Right to vary 1 x up to 12 months Reduction and 1 x up to 12 months Extension
* All options/extensions are in DHA's favour.

CURRENT GROSS RENT for 2023: $470pw and adjusted each December according to an independent professional valuation.

PROPERTY FEATURES:
* Modern lowset brick home
* 3 Bedrooms
* Master Bedroom inc Main with Ensuite, Walk in robe and Air Con
* Open plan dining, kitchen and family flows out to the undercover entertaining area through glass sliding doors.
* Large undercover outdoor entertaining area perfect for alfresco living and dining
* Air conditioning and fans throughout
* Double lock up garage with internal entry
* Security Screens
* 450 sqm block
* Built approx 2011

*Council & Water Rates - Approx $1,800 Half-yearly

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

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 pre-qualified buyers.
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 Floorpan, 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.

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Property History for 3 Boult Cres, Burdell, QLD 4818

A timeline of how this property has performed in the market
Last Sold
$460,000
14 Feb 2024
  • 14 Feb 2024
    Sold for $460,000
  • 26 Apr 2023
    Listed for Sale $419,000 +
  • 12 Aug 2015
    Sold for $410,000
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About Burdell 4818

The size of Burdell is approximately 15.4 square kilometres. It has 6 parks covering nearly 2.6% of total area. The population of Burdell in 2011 was 5,658 people. By 2016 the population was 5,826 showing a population growth of 3.0% in the area during that time. The predominant age group in Burdell is 20-29 years. Households in Burdell are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Burdell work in a trades occupation. In 2011, 65.6% of the homes in Burdell were owner-occupied compared with 48.1% in 2016.

Burdell has 3,475 properties. Over the last 5 years, Houses in Burdell have seen a 76.28% increase in median value, while Units have seen a 99.89% increase. As at 31 October 2024:

  • The median value for Houses in Burdell is $609,591 while the median value for Units is $585,590.
  • Houses have a median rent of $550 while Units have a median rent of $420.
There are currently 27 properties listed for sale, and 21 properties listed for rent in Burdell on OnTheHouse. According to CoreLogic's data, 303 properties were sold in the past 12 months in Burdell.

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