OFF MARKET

15/606 South Pine Road
Everton Park QLD 4053

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 75m2
Land area: 92m2
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Property Details for 15/606 South Pine Rd, Everton Park

15/606 South Pine Rd, Everton Park is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 92m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in May 2020.

Building Type
Unit
Year Built
2017
Floor Size
75m2
Land Size
92m2
Local Government
Brisbane
Lot/Plan
15/SP291361

Last Listing description (July 2020)

Investors will love the opportunity to purchase this architecturally designed 2 bedroom unit in Everton Park, Brisbane. With guaranteed rent from DHA (Defence Housing Australia) through until the end of the lease until June 2024 (plus 1 x 3 yr option) , the banks will love you. Less than 2 years old and still offering the purchaser attractive tax depreciation benefits.

PROPERTY FEATURES:
* Two bedrooms inc Main Bedroom with Ensuite & Air conditioning, Bed 2 has private balcony.

* Air conditioned open plan kitchen & living/dining
* Secure parking for 1 vehicle
* One designated car park
* 92sqm
* Situated in a small block of just 15 x 2 Bedrooms apartments.
* Built by Kane Constructions National Master Builder of the Year 2019.

LEASE FEATURES :
* Lease start date: 29/06/2018
* Lease end date: 28/06/2024
* Lease option: 1 x up to 36 months
* 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 DHAs discretion)

CURRENT RENT : $360pw

BODY CORP: Approx $800 per quarter

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)

Location is the key to wise investing and this property meets that criteria. Mitchelton train station is 1500m away & Enoggera Train Station 1700m away, 4 Private schools and 2 public schools are located in close proximity. Westfield Chermside, Australia's second largest shopping Centre is approx. 10 minutes drive and offers, shopping, restaurants, entertainment and medical facilities.

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.

This property is for sale on behalf of a Defence Housing Australia lessor and has a Defence Housing Australia lease in place. Visit dha.gov.au to learn the benefits of investing in Defence Housing Australia property.

Property History for 15/606 South Pine Rd, Everton Park, QLD 4053

A timeline of how this property has performed in the market
Last Sold
$365,000
05 May 2020
  • 05 May 2020
    Sold for $365,000
  • 16 Aug 2019
    Listed for Sale $365,000
  • 12 Jun 2018
    Sold for $385,000

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About Everton Park 4053

The size of Everton Park is approximately 4.4 square kilometres. It has 16 parks covering nearly 8.1% of total area. The population of Everton Park in 2011 was 8,325 people. By 2016 the population was 8,870 showing a population growth of 6.5% in the area during that time. The predominant age group in Everton Park is 20-29 years. Households in Everton Park are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Everton Park work in a professional occupation. In 2011, 66.9% of the homes in Everton Park were owner-occupied compared with 61% in 2016.

Everton Park has 5,311 properties. Over the last 5 years, Houses in Everton Park have seen a 80.69% increase in median value, while Units have seen a 70.31% increase. As at 30 September 2024:

  • The median value for Houses in Everton Park is $1,103,466 while the median value for Units is $655,476.
  • Houses have a median rent of $675 while Units have a median rent of $580.
There are currently 41 properties listed for sale, and 13 properties listed for rent in Everton park on OnTheHouse. According to CoreLogic's data, 264 properties were sold in the past 12 months in Everton park.

Suburb Insights for Everton Park 4053

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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.