SOLD
Sold on 14 Feb 2024 for $505,000

47/107 Kittyhawk Drive
Chermside QLD 4032

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 87m2
Land area: 113m2
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Property Details for 47/107 Kittyhawk Dr, Chermside

47/107 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 113m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Chermside in the last 12 months.

Building Type
Unit
Year Built
2015
Floor Size
87m2
Land Size
113m2
Local Government
Brisbane
Lot/Plan
47/SP259374

Last Listing description (July 2024)

Located only 11 kilometres from Brisbane's CBD and Brisbane Airport, this two bedroom unit is an ideal investment. This property is offered to the market by an investor and has government guaranteed rent by Defence Housing Australia (DHA) - currently $540/week. This unit is only 8 years old, and conveniently located near Westfield Shopping Centre in Chermside with great common area amenities.

PROPERTY FEATURES:
* 2 bedrooms, 2 bathrooms - one with a bath

* Surrounded by parkland
* Ducted Air conditioning throughout
* STYLISH kitchen with STONE benchtop and EUROPEAN appliances, including dishwasher
* Open plan living/dining room, opens onto LARGE BALCONY
* 113 m2
* Internal Laundry with WASHING MACHINE AND CLOTHES DRYER
* REMOTE access, single car space in SECURE parking area
* INTERCOM access
* LIFT Access x 2
* NBN
* SWIMMING Pool & BBQ Entertainers Area
* 16 VISITOR CARPARKS

LEASE SUMMARY:
Current Rent $540 per week - Guaranteed every week regardless of any vacancy
Lease start date 18/11/2016
Lease end date 17/11/2025
Lease option: NIL
Right to vary 1 x up to 12 months Reduction and 1 x up to 12 months Extension
DHA Management Fee of 11.82% of Rent

DHA LEASE BENEFITS:
* DHA guarantee to pay the rent even if the property is vacant.
* 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, including repainting and carpeting at end of lease (*(refer to the DHA Lease Agreement).
* A rental floor may apply to the DHA Lease Agreement (applicable to specific lease editions and applies to commencement rent).

In accordance with DHA regulations, we advise that this property will be available for private inspection only and to pre-qualified buyers only. Photos are supplied under agreement by DHA and are for illustration purposes only.
For more information, please contact your DHA sales specialist - R&W Ascot

Property History for 47/107 Kittyhawk Dr, Chermside, QLD 4032

A timeline of how this property has performed in the market
Last Sold
$505,000
14 Feb 2024
  • 14 Feb 2024
    Sold for $505,000
  • 13 Jan 2023
    Listed for Sale Offers Over $480,000
  • 20 Oct 2016
    Sold for $462,500
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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 7,618 properties. Over the last 5 years, Houses in Chermside have seen a 78.04% increase in median value, while Units have seen a 63.86% increase. As at 31 August 2024:

  • The median value for Houses in Chermside is $1,015,105 while the median value for Units is $623,928.
  • Houses have a median rent of $580 while Units have a median rent of $570.
There are currently 70 properties listed for sale, and 43 properties listed for rent in Chermside on OnTheHouse. According to CoreLogic's data, 428 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.