OFF MARKET

8/202 Pickering Street
Enoggera QLD 4051

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 97m2
Land area: 154m2
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Last updated 11 Nov 2024
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Property Details for 8/202 Pickering St, Enoggera

8/202 Pickering St, Enoggera is a 2 bedroom, 2 bathroom House with 1 parking spaces and was built in 2010. The property has a land size of 154m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
House
Year Built
2010
Floor Size
97m2
Land Size
154m2
Local Government
Brisbane
Lot/Plan
8/SP231877

Last Listing description (November 2021)

INVESTORS will love the opportunity to purchase this spacious 2 bedroom unit in beautiful ENOGGERA, just 7 km from the Brisbane CBD! Currently leased by DHA (Defence Housing Australia) until July 2023. At lease end, the owners can rent out, move in or sell after the 'make good' has been completed by DHA.

Situated just 7 kilometres to the Brisbane CBD and well serviced by rail, with an unbeatable location and it's proximity to all the conveniences of this very popular Brisbane Suburb, you will hard-pressed to find a better opportunity. Location is the key to wise investing and this property meets that criteria. Gaythorne & Enoggera Train Stations are each within 500m and there are 4 Private schools and 2 public schools located in close proximity. Westfield Chermside, Australia's second-largest shopping Centre is approx. 10 minutes drive and offers extensive shopping, restaurants, entertainment and medical facilities.

The DHA (Defence Housing Australia) lease offers the new owners guaranteed rental income, resulting in stress-free investing, regardless of whether the home is tenanted. Ideal for investors from anywhere in the country, great for superannuation funds, or for those starting their property portfolio and looking for a safe and secure option to get started.

With record low interest rates and Queensland defying the odds and experiencing some of the best capital growth and highest rental yields in the country, now is the perfect time to consider investing in Brisbane.

PROPERTY FEATURES:
* Two bedrooms inc Main Bedroom with Ensuite & Air conditioning.
* Air-conditioned open plan kitchen & living/dining
* Spacious balcony
* Secure designated parking for 1 vehicle
* Modern Designed kitchen with ample bench space and modern SS appliances.
* Secure access
* Built In 2010

LEASE FEATURES :
* Lease edition 6
* Lease start date 04/07/2014
* Lease end date 03/07/2023
* Lease option Used
* Right to vary 1 x up to 12 months Reduction and 1 x up to 12 months Extension

CURRENT RENT for 2021 : $395pw and assessed again in December each year.

BODY CORP: $700 Per quarter
RATES :
Council approx $388 per qtr
Water approx $282 per qtr (less usage rebated by DHA)

DHA LEASE BENEFITS:
* 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)

To find out more about this great investment opportunity or if you would like to arrange an inspection please contact Sharon Richter on 0407 288028.
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 - the Defence Properties specialists.

* In accordance with DHA regulations, we advise that this property will only be available for private inspections and to pre-qualified buyers.
* Photos are supplied under agreement by DHA or other sources and are for illustration purposes only.

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Property History for 8/202 Pickering St, Enoggera, QLD 4051

A timeline of how this property has performed in the market
Last Sold
$468,000
01 Feb 2022
  • 01 Feb 2022
    Sold for $468,000
  • 09 Feb 2021
    Listed for Sale $425,000 plus
  • 02 Sep 2014
    Sold for $400,000
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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.

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