OFF MARKET

11 Cassinia Court
Eatons Hill QLD 4037

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 163m2
Land area: 700m2
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Property Details for 11 Cassinia Ct, Eatons Hill

11 Cassinia Ct, Eatons Hill is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2009. The property has a land size of 700m2 and floor size of 163m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Year Built
2009
Floor Size
163m2
Land Size
700m2
Local Government
Moreton Bay
Lot/Plan
2/SP163241

Last Listing description (January 2024)

INVESTORS: We are proud to present investors with this desirable home, currently under lease to DHA (Defence Housing Australia) until 2029 with a three year option that could take it through until 2032. Currently rented at $730 per week and assessed annually with an independent & professional valuation to obtain true market rent, before being adjusted accordingly on the 1st of January every year.

The property is situated in approx 17km from the Brisbane CBD in the well established suburb of Eatons Hiill and surrounded by other high quality executive homes. This 700sqm property is positioned in a sought after pocket of Eatons Hill and is within a short walking distance to local parks, Schools, Childcare Centres, IGA, Eatons Hill Hotel and Public Transport further strengthening the investment potantial.

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.

LEASE DETAILS :?
* Lease start date: 12/04/2023
* Lease end date: 11/04/2029
* Lease option: plus 1 x 3 year option
* 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 DHA?s discretion.

PROPERTY FEATURES:
* Large Brick and Tile family home
* 4 Spacious carpeted bedrooms
* Master suite with Walk-In robe, Air-conditioning and Ensuite
* Two living areas including a separate lounge
* Modern kitchen boasts stainless steel cooking appliances & ample storage and bench space.
* Air conditioned living areas.
* Tiled family & meals area with double sliding doors opening to outdoor undercover alfresco dining area.
* Ceiling fans throughout
* Double lock up garage with internal access
* Security screens
* Spacious 700 sqm flat block.
* Built approx 2009

RATES & WATER : TBC

DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is occupied.
* Annual independent rent reviews.
* Zero re-letting fees for the length of the lease.
* DHA Property Care, an all-inclusive service fee, covers a range of property related services.
* At the end of each tenancy period, the property is professionally cleaned.
* The lessor may also be entitled to a lease-end make-good (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).

** 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 co-ordinated 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 Floorpan, 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 11 Cassinia Ct, Eatons Hill, QLD 4037

A timeline of how this property has performed in the market
Last Sold
$866,000
02 Aug 2023
  • 02 Aug 2023
    Sold for $866,000
  • 12 Jul 2023
    Listed for Sale Not Disclosed
  • 09 Jun 2010
    Sold for $495,000
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About Eatons Hill 4037

The size of Eatons Hill is approximately 8.9 square kilometres. It has 25 parks covering nearly 14.1% of total area. The population of Eatons Hill in 2011 was 7,992 people. By 2016 the population was 7,965 showing a population decline of 0.3% in the area during that time. The predominant age group in Eatons Hill is 40-49 years. Households in Eatons Hill are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Eatons Hill work in a professional occupation. In 2011, 85.8% of the homes in Eatons Hill were owner-occupied compared with 86% in 2016.

Eatons Hill has 2,634 properties. Over the last 5 years, Houses in Eatons Hill have seen a 78.42% increase in median value, while Units have seen a 5.32% increase. As at 31 October 2024:

  • The median value for Houses in Eatons Hill is $1,099,689 while the median value for Units is $790,048.
  • Houses have a median rent of $720.
There are currently 19 properties listed for sale, and 5 properties listed for rent in Eatons hill on OnTheHouse. According to CoreLogic's data, 103 properties were sold in the past 12 months in Eatons hill.

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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.