OFF MARKET

7 Osterlund Place
Burdell QLD 4818

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 155m2
Land area: 560m2
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Property Details for 7 Osterlund Pl, Burdell

7 Osterlund Pl, Burdell is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2009. The property has a land size of 560m2 and floor size of 155m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
House
Year Built
2009
Floor Size
155m2
Land Size
560m2
Local Government
Townsville City
Lot/Plan
287/SP216353

Last Listing description (November 2023)

Discover the epitome of secure and hassle-free real estate investment in the highly sought after suburb of Burdell. This immaculate 3-bedroom home, ideally positioned across from parklands, presents an exceptional opportunity for astute investors looking to secure a property with guaranteed rental returns and peace of mind. Let's explore the exceptional features of this property:

**Rental Return and Lease Details:**
- Current rental return: $470 per week.

- Lease duration: Until November 2025.
- Fully maintained by DHA (Defence Housing Australia) for the duration of the lease.
- Guaranteed rental return, even if the property remains vacant.
- Annual non-reducing rental review ensures your investment keeps pace with market trends.
- Rent paid a month in advance, providing a consistent cash flow.

**Property Highlights:**
- A spacious family room, perfect for relaxed gatherings and entertainment.
- Formal lounge room and a separate dining room, offering versatile spaces for various activities.
- Generous master suite with a large walk-in robe featuring his and hers hanging and shelves, plus a delightful ensuite for your comfort.
- Two additional bedrooms fitted with double door built in wardrobes.
- Central kitchen equipped with modern electric appliances, a convenient pantry, ample cabinetry, a dishwasher, and a practical breakfast bar.
- Quality Daikin Split System air-conditioners strategically placed to maintain optimal indoor climate control.
- Fully tiled throughout, ensuring easy maintenance and a sleek appearance.
- Main bathroom featuring a separate shower stall and a soothing bathtub, catering to diverse preferences.
- Internal laundry with easy access to the clothesline.
- Outdoor undercover entertaining area, extending your living space to the serene outdoors.
- Remote double car garage, ensuring secure and convenient parking.

**Prime Location:**
Positioned perfectly across from parklands, this property offers a tranquil and scenic backdrop that enhances your lifestyle. The proximity to green spaces fosters a sense of relaxation and connection with nature, creating an inviting atmosphere for residents.

**Investment Advantage:**
Investing in this DHA property not only provides a steady rental income stream but also offers peace of mind knowing that the property is maintained to a high standard by DHA. The lease terms and guaranteed rental return mitigate potential risks, making this property a solid and low-maintenance investment choice. At the conclusion of the lease agreement, DHA offers a Restoration Service to refresh and revitalise the property, ensuring it remains in excellent condition, attractive to potential tenants or buyers. This service adds value to your investment and facilitates a seamless transition.

**Conclusion:**
Seize the opportunity to own a prime investment property in the sought-after suburb of Burdell. With its current rental return, lease until November 2025, and comprehensive management by DHA, this property offers a unique chance to secure a hassle-free and lucrative real estate investment. Contact us today to learn more about this exceptional property and how it can fit into your investment portfolio.

*Disclaimer: This write-up is intended for illustrative purposes only and does not constitute professional financial or investment advice. Prospective investors should conduct their own research and consult with financial professionals before making investment decisions.*

Property History for 7 Osterlund Pl, Burdell, QLD 4818

A timeline of how this property has performed in the market
Last Sold
$421,000
27 Sep 2023
  • 27 Sep 2023
    Sold for $421,000
  • 21 Aug 2023
    Listed for Sale Offers over $429,000
  • 31 Oct 2016
    Sold for $395,000
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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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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.