OFF MARKET

2 Arkendeith Drive
Edmonton QLD 4869

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 165m2
Land area: 700m2
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Property Details for 2 Arkendeith Dr, Edmonton

2 Arkendeith Dr, Edmonton is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2006. The property has a land size of 700m2 and floor size of 165m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
House
Year Built
2006
Floor Size
165m2
Land Size
700m2
Local Government
Cairns Regional
Lot/Plan
18/SP171159

Last Listing description (April 2024)

INVESTORS : If you are searching for a no fuss investment, this property located in Edmonton, Cairns will suit perfectly! Located close to shops and schools and in a quiet cul de sac. The DHA (Defence Housing Australia) lease run until July 2025 with a 3 year option that can take it through until 2028. Rental income is guaranteed until the end of the lease. If you are a looking to invest in property then purchasing a home with a lease in place to such secure tenants is the perfect option. It's a simple, uncomplicated opportunity for first time or experienced investors.

CURRENT RENT 2024 : $630pw and adjusted each annually according to an independent professional valuation

LEASE DETAILS :

* Leased until 4-7-2025
* Option available : 1 x 36 month option
* Right to vary : 1 x up to 12 months reduction or 1 x up to 12 months extension
* Important Note: The 36 month option and 12 month right to vary are at DHA?s discretion.

Currently rented at $630pw and returning an excellent investor yield sure to satisfy the banks. Modern and spacious with multiple living areas and , and perfect for investors looking for good long term growth and the security of guaranteed rent from the DHA (Defence Housing Australia) lease.

PROPERTY FEATURES:
* Modern lowset brick home
* 3 Bedroom + STUDY inc Main with Ensuite, BIR and all Air Conditioning
* 2 Separate living areas inc Family/Dining and Separate Lounge area.
* Outdoor patio
* 700sqm block with fully fenced rear yard.
* Double Garage with electric roller door access & internal entry
* Side access
* Not flood affected.
* Built In 2006

COUNCIL RATES: Approx $1,460 Biannually
WATER RATES: Approx $230 quarterly

DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is tenanted
* Annual independent rent reviews
* Most 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.
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, 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 2 Arkendeith Dr, Edmonton, QLD 4869

A timeline of how this property has performed in the market
Last Sold
$420,000
20 Oct 2021
  • 20 Oct 2021
    Sold for $420,000
  • 29 Aug 2019
    Listed for Sale $425,000
  • 16 Mar 2015
    Sold for $375,000
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About Edmonton 4869

The size of Edmonton is approximately 20.5 square kilometres. It has 29 parks covering nearly 4.9% of total area. The population of Edmonton in 2011 was 9,933 people. By 2016 the population was 10,762 showing a population growth of 8.3% in the area during that time. The predominant age group in Edmonton is 0-9 years. Households in Edmonton are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Edmonton work in a trades occupation. In 2011, 61% of the homes in Edmonton were owner-occupied compared with 61.1% in 2016.

Edmonton has 4,840 properties. Over the last 5 years, Houses in Edmonton have seen a 72.97% increase in median value, while Units have seen a 81.55% increase. As at 31 August 2024:

  • The median value for Houses in Edmonton is $575,732 while the median value for Units is $262,736.
  • Houses have a median rent of $570 while Units have a median rent of $400.
There are currently 41 properties listed for sale, and 13 properties listed for rent in Edmonton on OnTheHouse. According to CoreLogic's data, 255 properties were sold in the past 12 months in Edmonton.

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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.