OFF MARKET

15/107 Kittyhawk Drive
Chermside QLD 4032

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 73m2
Land area: 90m2
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Last updated 16 Dec 2024
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Property Details for 15/107 Kittyhawk Dr, Chermside

15/107 Kittyhawk Dr, Chermside is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 90m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
2015
Floor Size
73m2
Land Size
90m2
Local Government
Brisbane
Lot/Plan
15/SP259374

Last Listing description (February 2024)

INVESTORS: Available now to a savvy investor is this modern and conveniently located apartment leased to Defence Housing (DHA) offering GUARANTEED RENT for the life of the lease.

A DHA (Defence Housing Australia) lease offers the new owners amazing inclusions such as GUARANTEED RENTAL INCOME, A COMPREHENSIVE PROPERTY CARE/MAINTENANCE PACKAGE, & ANNUAL INDEPENDENT PROFESSIONAL RENTAL VALUATIONS AND ADJUSTMENTS, all of which are designed for stress free investing. The DHA program is designed to provide a home for members of the Australian Defence Force and their families whilst providing investors with an opportunity to be a part of one of Australia's most respected investment schemes.

At lease end the property would be handed back for you to do as you like - move in, rent out privately or sell. You can also choose to discuss DHA's requirements for the home on a longer term basis with the potential for a new lease. You're also free to sell to another investor at any time.

Constructed in 2015 this first floor apartment offers approx. 73m? of internal living area plus 17m? balcony, a single underground secure car park and lift access. The 'Nature's Edge' development is located across the road from Westfield Chermside, ranking amongst Australia's largest Shopping Centres with a huge range of shopping, cinemas, restaurants, entertainment amenities and public transport options.

GROSS RENT FOR 2023: $455pw and adjusted each December according to an independent professional valuation.

DHA LEASE DETAILS :
* Lease dates : 16/12/2016 to 15/12/2025
* 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.

Body Corp approx $3944 pa
Council & Water rates approx $2617 pa

The apartment features modern finishes including stone bench tops, glass splash-back, European appliances, and ducted air conditioning. Both bedrooms are spacious and include built in robes, plus a linen cupboard, Laundry with washing machine and dryer and 2nd bathroom with full size bath. The outdoor balcony overlooks green spaces encompassing Marchant Park fields, Seventh Brigade Park and Downfall Creek Bikeway.

This beautifully designed eight storey complex features 71 modern spacious two bedroom apartments and one three bedroom apartment with BBQ and entertainment areas, swimming pool and ample visitors parking.

DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is tenanted
* Annual independent rent reviews
* Most maintenance is 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

** A note for Owner Occupiers -This property is sold with a DHA (Defence Housing Australia) lease in place which offers significant benefits to the investor however can?t be occupied by the owner/s until the lease ends **

***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 must be coordinated by the agent with the tenants.
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 Floorplan, lease dates, 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.

Property History for 15/107 Kittyhawk Dr, Chermside, QLD 4032

A timeline of how this property has performed in the market
Last Sold
$490,000
28 Oct 2023
Listed for Rent
$450/w
15 Feb 2017
  • 28 Oct 2023
    Sold for $490,000
  • 08 Sep 2023
    Listed for Sale $465,000 +
  • 07 Feb 2017
    Listed for Rent - Price not available
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About Chermside 4032

The size of Chermside is approximately 4 square kilometres. It has 10 parks covering nearly 23.6% of total area. The population of Chermside in 2011 was 8,170 people. By 2016 the population was 9,313 showing a population growth of 14.0% in the area during that time. The predominant age group in Chermside is 20-29 years. Households in Chermside are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Chermside work in a professional occupation. In 2011, 34.7% of the homes in Chermside were owner-occupied compared with 31.5% in 2016.

Chermside has 7,631 properties. Over the last 5 years, Houses in Chermside have seen a 60.28% increase in median value, while Units have seen a 75.10% increase. As at 30 November 2024:

  • The median value for Houses in Chermside is $944,820 while the median value for Units is $659,873.
  • Houses have a median rent of $595 while Units have a median rent of $588.
There are currently 60 properties listed for sale, and 39 properties listed for rent in Chermside on OnTheHouse. According to CoreLogic's data, 400 properties were sold in the past 12 months in Chermside.

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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.