SOLD
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Sold on 04 May 2024 for $542,000

107 Klewarra Boulevard
Douglas QLD 4814

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 824m2
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Property Details for 107 Klewarra Bvd, Douglas

107 Klewarra Bvd, Douglas is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 824m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Douglas in the last 12 months.

Building Type
House
Land Size
824m2
Local Government
Townsville City
Lot/Plan
60/SP205243

Last Listing description (May 2024)

INVESTORS: We are proud to present investors with this desirable home, currently under lease to DHA (Defence Housing Australia) until 2028. Currently rented at $520 per week and adjusted on 1st January each year to align with market rent. Located in Douglas and situated within walking distance to all major public facilities, minutes from quality schools, Townsville CBD, James Cook University and Townsville Hospital.

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. Ideal for investors located anywhere in the country, superannuation funds, and perfect for those starting their property portfolio and looking for a safe and secure option. At lease end the home 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 onsell to another investor at any time during the lease.

CURRENT RENT :

* 2024 rent $520pw and adjusted each January according to an independent professional valuation

LEASE DETAILS :
* Lease edition 6B dates : 21/01/2013 to 20/01/2028
* 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.

FEATURES:
* 3 bedrooms/ 2 Bathrooms and Double Lock up garage
* Master suite with walk in robe, ensuite and air conditioning
* Open plan dining, kitchen and family air-conditioned flows out to the undercover entertaining area through glass sliding doors.
* Air conditioning and fans throughout
* Tiled living and bedrooms
* Separate laundry
* Double auto garage
* Large undercover outdoor entertaining area perfect for alfresco living and dining
* Safety screens throughout
* 2.4m side access for trailers/caravan/boat
* 824sqm of land
* Built 2009

Douglas is located on the Ross River, and on the hillside above. The Townsville University Hospital is here along with the James Cook University. Lavarack Barracks is a short drive. Stockland Shopping Centre, schools and transport are all within 2 kms.

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

** 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 107 Klewarra Bvd, Douglas, QLD 4814

A timeline of how this property has performed in the market
Last Sold
$542,000
04 May 2024
  • 04 May 2024
    Sold for $542,000
  • 28 Mar 2024
    Listed for Sale $559,000 +
  • 21 Dec 2005
    Sold for $587,000
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About Douglas 4814

The size of Douglas is approximately 8.8 square kilometres. It has 24 parks covering nearly 13.2% of total area. The population of Douglas in 2011 was 7,184 people. By 2016 the population was 7,746 showing a population growth of 7.8% in the area during that time. The predominant age group in Douglas is 20-29 years. Households in Douglas are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Douglas work in a professional occupation. In 2011, 46.3% of the homes in Douglas were owner-occupied compared with 45.3% in 2016.

Douglas has 2,845 properties. Over the last 5 years, Houses in Douglas have seen a 64.04% increase in median value, while Units have seen a 27.24% increase. As at 31 October 2024:

  • The median value for Houses in Douglas is $628,404 while the median value for Units is $345,233.
  • Houses have a median rent of $520 while Units have a median rent of $435.
There are currently 12 properties listed for sale, and 13 properties listed for rent in Douglas on OnTheHouse. According to CoreLogic's data, 249 properties were sold in the past 12 months in Douglas.

Suburb Insights for Douglas 4814

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Sharon Richter
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Sage Merlin
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Hudson Property
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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.