3 Cowrie CourtBushland Beach QLD 4818
Property Details for 3 Cowrie Ct, Bushland Beach
3 Cowrie Ct, Bushland Beach is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2010. The property has a land size of 723m2 and floor size of 165m2. While the property is not currently for sale or for rent, it was last sold in June 2021.
Last Listing description (July 2021)
The perfect opportunity exists to own this lovely home with a long lease to DHA until November 2022 plus 1 x 3 yr option which would take it through until 2025! This is entry level investing at it's best with a long term lease locked down with DHA (Defence Housing Australia) and a 5.7% yield, it's sure to offer investors excellent long term growth prospects.
The DHA (Defence Housing Australia) lease offers the new owners guaranteed income, resulting in stress-free investing, regardless of whether the home is tenanted. Ideal for investors from anywhere in the country, great for superannuation funds, or for those starting their property portfolio and looking for a safe and secure option to get started.
With record low interest rates and Townsville 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 investing in to the region.
PROPERTY FEATURES:
* Modern low-set brick home
* 4 Bedroom inc Main with Ensuite and Air Con.
* Larger than usual bedrooms
* Air conditioned living areas
* 3 Separate living areas inc separate dining and a lounge at the front of the home
* Family area opening through double glass doors to outdoor undercover area
* Large 723 sqm block
LEASE DETAILS :
Lease edition 6B
Lease start date 19/11/2010
Lease end date 18/11/2022
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 DHAs discretion.
CURRENT RENT : $400 per week
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
* 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.
Information provided above has been obtained from various sources from 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, 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.
Property History for 3 Cowrie Ct, Bushland Beach, QLD 4818
- 11 Jun 2021Sold for $362,300
- 02 Jun 2021Listed for Sale $365,000
- 01 Nov 2010Sold for $425,000
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About Bushland Beach 4818
The size of Bushland Beach is approximately 8 square kilometres. It has 6 parks covering nearly 4% of total area. The population of Bushland Beach in 2011 was 5,658 people. By 2016 the population was 6,177 showing a population growth of 9.2% in the area during that time. The predominant age group in Bushland Beach is 0-9 years. Households in Bushland Beach are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bushland Beach work in a trades occupation. In 2011, 65.6% of the homes in Bushland Beach were owner-occupied compared with 64.8% in 2016.
Bushland Beach has 2,717 properties. Over the last 5 years, Houses in Bushland Beach have seen a 76.43% increase in median value, while Units have seen a 78.69% increase. As at 31 October 2024:
- The median value for Houses in Bushland Beach is $649,058 while the median value for Units is $537,020.
- Houses have a median rent of $560 while Units have a median rent of $378.
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