OFF MARKET

32 Waterlily Circuit
Douglas QLD 4814

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 183m2
Land area: 730m2
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Property Details for 32 Waterlily Cct, Douglas

32 Waterlily Cct, Douglas is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2006. The property has a land size of 730m2 and floor size of 183m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
House
Year Built
2006
Floor Size
183m2
Land Size
730m2
Local Government
Townsville City
Lot/Plan
1765/SP175103

Last Listing description (December 2024)

INVESTORS : This lovely home offers plenty of opportunity for the future growth of the region to the savvy investor and is situated just metres from the Ross River and not affected by flooding. With five bedrooms or four bedroom plus a large study and located in Douglas within walking distance to all major public facilities, minutes from quality schools, Townsville CBD, James Cook University, and Townsville Hospital. Investors can reap the benefits of the secure long term DHA (Defence Housing Australia) lease until May 2027.

LEASE DETAILS :
* Lease edition Lease Edition 5B

* Lease start date 09/05/2021
* Lease end date 08/05/2027
* Lease option Used
* Right to vary None
* Note: The option and right to vary is at DHA?s discretion.

CURRENT RENT for 2024 : $570PW and adjusted annually based on the assessment from independent professional valuer.

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 is repainted at DHA's expense before being handed back for you to 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.

With Townsville experiencing some of the highest rental yields in the country, vacancy rates continuing to come down and property experts reporting Townsville still producing good capital growth options now is the time to lock down your investment.

FEATURES:
* 5 bedrooms or 4 bedrooms plus study / 2 Bathrooms and Double Lock up garage
* Master bedroom, air-conditioned, walk-in robe and spacious ensuite
* Two large living areas including huge Living/Dining space and casual family room off the kitchen/casual dining area.
* Kitchen casual dining flows out to the undercover entertaining area through glass sliding doors.
* Air conditioning and fans throughout
* Separate laundry
* Double auto garage
* Large undercover outdoor entertaining area perfect for alfresco living and dining
* Safety screens throughout
* Smoke alarms and electrical safety switch
* Generous 730sqm block of land with side access
* Built approx 2006

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

These are just some of the benefits of the DHA lease attached to this property. Enjoy all the benefits of rental guarantee and a no fuss investment property; let DHA do all the hard work for you.

* 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 32 Waterlily Cct, Douglas, QLD 4814

A timeline of how this property has performed in the market
Last Sold
$467,500
30 Jun 2021
  • 25 Oct 2024
    Sold for $625,000
  • 23 Aug 2024
    Listed for Sale $619,000 Plus
  • 30 Jun 2021
    Sold for $467,500
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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 2,864 properties. Over the last 5 years, Houses in Douglas have seen a 66.53% increase in median value, while Units have seen a 36.77% increase. As at 30 November 2024:

  • The median value for Houses in Douglas is $644,333 while the median value for Units is $353,933.
  • Houses have a median rent of $520 while Units have a median rent of $450.
There are currently 7 properties listed for sale, and 20 properties listed for rent in Douglas on OnTheHouse. According to CoreLogic's data, 247 properties were sold in the past 12 months in Douglas.

Suburb Insights for Douglas 4814

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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.