OFF MARKET

2/38 Mott Street
Gaythorne QLD 4051

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 96m2
Land area: 99m2
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Last updated 2 Sep 2024
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Property Details for 2/38 Mott St, Gaythorne

2/38 Mott St, Gaythorne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 99m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
2012
Floor Size
96m2
Land Size
99m2
Local Government
Brisbane
Lot/Plan
2/SP235423

Last Listing description (June 2023)

This 2 bedroom unit is currently leased to Defence Housing Australia (DHA). One of only six in the complex and conveniently located minutes walk from Gaythorne Train Station. The unit has been freshly painted and has new carpet throughout. The property is being offered as an investment only. Contact Agent for details.

PROPERTY DETAILS
Current rental per week: $450 p/w (GUARANTEED)

Lease end date: 28/10/2025 + further 3 year option
1 x 3 year option with right to vary 1 by up to 12 months reduction or extension
Rent is paid for 52 weeks a year and is reviewed in December every year by a registered valuer
Restoration obligations by DHA at conclusion of lease.
Air conditioning
Outdoor entertainment area
Tiled living areas
Includes Dishwasher and Clothes Dryer
Single secure car space with additional allocated storage area
Reasonable body corp fees
Approx. 100 m2
Built 2013

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)
* Rent is reviewed each year by registered valuer
* Exercise of Option is at discretion of DHA

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. Visit www.dha.gov.au to learn the benefits of investing in Defence Housing Australia property.

For more information, please contact your DHA sales specialist - R&W Ascot.

Property History for 2/38 Mott St, Gaythorne, QLD 4051

A timeline of how this property has performed in the market
Last Sold
$422,000
26 May 2023
  • 26 May 2023
    Sold for $422,000
  • 21 Sep 2022
    Listed for Sale OFFERS OVER $449,000
  • 19 Sep 2013
    Sold for $410,000
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About Gaythorne 4051

The size of Gaythorne is approximately 1 square kilometres. It has 9 parks covering nearly 10.6% of total area. The population of Gaythorne in 2011 was 2,654 people. By 2016 the population was 3,036 showing a population growth of 14.4% in the area during that time. The predominant age group in Gaythorne is 20-29 years. Households in Gaythorne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gaythorne work in a professional occupation. In 2011, 41.9% of the homes in Gaythorne were owner-occupied compared with 39.2% in 2016.

Gaythorne has 1,922 properties. Over the last 5 years, Houses in Gaythorne have seen a 78.26% increase in median value, while Units have seen a 66.92% increase. As at 31 July 2024:

  • The median value for Houses in Gaythorne is $1,148,362 while the median value for Units is $643,557.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 16 properties listed for sale, and 13 properties listed for rent in Gaythorne on OnTheHouse. According to CoreLogic's data, 74 properties were sold in the past 12 months in Gaythorne.

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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.