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Sold on 29 May 2024 for $731,000

3 Lillypilly Crescent
Flinders View QLD 4305

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 804m2
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Property Details for 3 Lillypilly Cres, Flinders View

3 Lillypilly Cres, Flinders View is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 804m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 4 bedroom House sold in Flinders View in the last 12 months.

Building Type
House
Land Size
804m2

Last Listing description (May 2024)

INVESTORS : This beautiful 4 Bedroom home is on a Defence Housing (DHA) lease until 2029 with an additional 3 year option which could take it through until 2032.

CURRENT RENT FOR 2024: $ $565PW and adjusted annually according to an independent professional valuation

LEASE FEATURES:

Lease edition 7
Lease dates : 25/09/2023 to 24/09/2029
Lease option : 1 x 36 month option
Right to vary : 1 x up to 12 months Reduction
All options and right to vary are in DHA's favour

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.

This home is located high in Flinders View and surrounded by other beautiful and prestigious homes in the Kensington Estate, it offers excellent medium to long term prospects for the savvy investor. At the end of the lease the owner can move in, rent out or sell at their own leisure.

PROPERTY FEATURES:
* Large Brick and Tile family home on a large 804sqm allotment
* 4 Spacious bedrooms inc master with Walk In, Air con and Ensuite
* Modern kitchen boasts stainless steel cooking appliances & ample bench space.
* Tiled family & meals area with double sliding doors opening to outdoor undercover alfresco dining area
* Double lock up garage with internal access
* Fully security screens
* Close to all amenities including schools, shopping and sporting facilities
* Located in a quiet street with local traffic only and surrounded by well maintained prestigious homes
* 40 kms from Brisbane CBD and 5km from Ipswich CBD
* Close to Amberley Air base
* Built approx 2008

DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is empty
* Non structural 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 fee

If you are looking for an attractive property as a secure investment then you can't go past this DHA leased home. Bricks and mortar that is solid, reliable and stress free, what more can you ask for?

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

** 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 coordinated 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 Floorplan, 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 3 Lillypilly Cres, Flinders View, QLD 4305

A timeline of how this property has performed in the market
Last Sold
$731,000
29 May 2024
  • 29 May 2024
    Sold for $731,000
  • 22 May 2024
    Listed for Sale $719,000 Plus
  • 19 Aug 2015
    Sold for $425,000
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About Flinders View 4305

The size of Flinders View is approximately 5.4 square kilometres. It has 17 parks covering nearly 7.9% of total area. The population of Flinders View in 2011 was 5,862 people. By 2016 the population was 5,821 showing a population decline of 0.7% in the area during that time. The predominant age group in Flinders View is 0-9 years. Households in Flinders View are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Flinders View work in a trades occupation. In 2011, 68.2% of the homes in Flinders View were owner-occupied compared with 69.5% in 2016.

Flinders View has 2,525 properties. Over the last 5 years, Houses in Flinders View have seen a 97.50% increase in median value, while Units have seen a 18.28% increase. As at 31 October 2024:

  • The median value for Houses in Flinders View is $745,758 while the median value for Units is $219,100.
  • Houses have a median rent of $510 while Units have a median rent of $390.
There are currently 22 properties listed for sale, and 7 properties listed for rent in Flinders view on OnTheHouse. According to CoreLogic's data, 131 properties were sold in the past 12 months in Flinders view.

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Sharon Richter
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Viv Robinson
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Hudson Property
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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.