OFF MARKET

28 Bassett Street
Kanimbla QLD 4870

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 164m2
Land area: 700m2
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Property Details for 28 Bassett St, Kanimbla

28 Bassett St, Kanimbla is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2004. The property has a land size of 700m2 and floor size of 164m2. While the property is not currently for sale or for rent, it was last sold in September 2020.

Building Type
House
Year Built
2004
Floor Size
164m2
Land Size
700m2
Local Government
Cairns Regional
Lot/Plan
557/SP161396

Last Listing description (October 2020)

Weekly Gross Rent - $ 500 or NETT $ 21,784.56 per annum.
Excellent NETT RETURN ex DHA OF 4.4.%. Rock Solid Defence Housing Lease until 2nd June 2023

What a great investment in this top quality neighbourhood. Serious seller offering a Nett return of 4.4% - better than the banks these days.

DHA Lease Summary
Lease edition: Edition 6.

Gross Rent $ 500 per week or Gross Rent $ 2174.11 cal.mth. ( Rent reviewed Annually by a registered Valuer every 31st December.
Management fee 15 % $ 326.12
GST on Management fee 10% = $ 32.61
NET RENT PAID PER CALENDAR MONTH $ 1815.38
NETT ANNUAL RENT = $ 21,784.56 CLEAR AFTER D.H.A. MANAGEMENT FEES AND GST.

Lease Option 1x up to 36 months. Right to Vary 1 x up to 12 months Reduction and 1 x up to 12months Extension options at DHA discretion only.
Guaranteed rent is paid 52 weeks a year. DHA pay the weekly rent even if it is vacant.
Rent is paid a month in advance. DHA Property Care maintenance package included.

DHA Property Care, an all-inclusive service fee, covers a range of property related services, including regular maintenance and upkeep.
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) Lease Edition 6 applicable for this, copy of lease available to view.
Kanimbla is a highly sought after location as it is so handy to Cairns CBD, making it very popular with professional business people, Medical specialists, and associated Hospital staff love it here.Being in the middle of Cairns area it is also handy to Redlynch on the Northside, or Earlville and the Southside only about 10 minutes from most major shopping centres and popular schools in Cairns Central, Raintrees, Redlynch Central and Earlville. Also 8-10 minutes from Airport.
Even after the end of the DHA lease this property in this area will be in high demand for general rental so will always remain a great investment. This spacious 4 bedroom family home is located in a quiet street just a short stroll to the local park, has mountain views from the back yard and enjoys the cool through breeze Kanimbla is known for.
A rental floor may apply to the DHA Lease Agreement (applicable to specific lease editions and applies to commencement rent).
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.
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, and are for illustration purposes only.

Property History for 28 Bassett St, Kanimbla, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$485,000
07 Sep 2020
  • 07 Sep 2020
    Sold for $485,000
  • 17 Oct 2019
    Listed for Sale $495,000
  • 04 Apr 2005
    Sold for $360,500
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About Kanimbla 4870

The size of Kanimbla is approximately 3.1 square kilometres. It has 6 parks covering nearly 1.9% of total area. The population of Kanimbla in 2011 was 2,365 people. By 2016 the population was 2,679 showing a population growth of 13.3% in the area during that time. The predominant age group in Kanimbla is 40-49 years. Households in Kanimbla are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kanimbla work in a professional occupation. In 2011, 74.2% of the homes in Kanimbla were owner-occupied compared with 74.6% in 2016.

Kanimbla has 1,174 properties.

    There are currently 11 properties listed for sale, and 4 properties listed for rent in Kanimbla on OnTheHouse. According to CoreLogic's data, 62 properties were sold in the past 12 months in Kanimbla.

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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.