OFF MARKET

5/5-9 Millen Street
Enoggera QLD 4051

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 83m2
Land area: 184m2
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Last updated 11 Nov 2024
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Property Details for 5/5-9 Millen St, Enoggera

5/5-9 Millen St, Enoggera is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2007. The property has a land size of 184m2 and floor size of 83m2.

Building Type
Unit
Year Built
2007
Floor Size
83m2
Land Size
184m2
Local Government
Brisbane

Last Listing description (December 2021)

This modern unit is found in Enoggera, only 8 km from Brisbane's CBD. The property has a lease in place with Defence Housing Australia (DHA) until January 2023* and is currently leased for $420/week. When you buy this property, DHA will pay your rent every day for the remainder of the lease. Essential amenities including shopping, schools and Enoggera train station are within close proximity.

This 2 bedroom unit faces north and is on a generous 285 m2 footplate (including 101m2 of balcony space). The unit was built in 2007.

Property Features

* 2 bedrooms, 2 bathrooms
* Well appointed kitchen with dishwasher and electric cooktop
* Air conditioned living room and master bedroom
* Internal Laundry with clothes dryer included
* Large balconies at front and rear of unit

DHA Lease Summary
Current rent $420 per week
Lease start date 28/01/2014
Lease end date 27/01/2023
Lease Variation 1 x up to 12 months Reduction and 1 x up to 12 months Extension

DHA Current Monthly Charges
Management fee: 11.82% (+ GST)

Investing with DHA -
* 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 (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 5/5-9 Millen St, Enoggera, QLD 4051

A timeline of how this property has performed in the market
  • 29 Jun 2021
    Listed for Sale Offers over $410,000

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About Enoggera 4051

The size of Enoggera is approximately 8.6 square kilometres. It has 11 parks covering nearly 3% of total area. The population of Enoggera in 2011 was 5,034 people. By 2016 the population was 5,152 showing a population growth of 2.3% in the area during that time. The predominant age group in Enoggera is 20-29 years. Households in Enoggera are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Enoggera work in a professional occupation. In 2011, 51.8% of the homes in Enoggera were owner-occupied compared with 53.7% in 2016.

Enoggera has 2,469 properties. Over the last 5 years, Houses in Enoggera have seen a 77.87% increase in median value, while Units have seen a 83.66% increase. As at 31 October 2024:

  • The median value for Houses in Enoggera is $1,293,843 while the median value for Units is $695,396.
  • Houses have a median rent of $650 while Units have a median rent of $575.
There are currently 8 properties listed for sale, and 12 properties listed for rent in Enoggera on OnTheHouse. According to CoreLogic's data, 97 properties were sold in the past 12 months in Enoggera.

Suburb Insights for Enoggera 4051

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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.