46 Ningaloo Cres, Burdell is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2009. The property has a land size of 730m2 and floor size of 149m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
This well presented family home on a generous 730 sqm lot is leased to Defence Housing Australia (DHA) until 27 October 2024 at a current rent of $500 per week and is for sale on behalf of a DHA lessor. Located in the popular North Shore estate in the north Townsville suburb of Burdell, the property is close to an extensive range of facilities including schools, child care, shopping and recreation. This exceptional investment property offers a very attractive gross yield of circa 5.7%.
The dwelling features 4 bedrooms, a central living area serviced by a well appointed kitchen, a second living room, laundry, family bathroom, separate toilet and a private outdoor entertaining area overlooking the fully fenced rear yard. Other features include:
Master bedroom includes an ensuite & WIR
DHA LEASE SUMMARY:
Lease edition: Edition 6c
Lease end date: 27/10/2024
Rent for 2023: $500 per week
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 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 and to prequalified buyers only. Photos are supplied under agreement by DHA and are for illustration purposes only.
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
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:
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