OFF MARKET

36 Bassett Street
Kanimbla QLD 4870

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 164m2
Land area: 724m2
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Property Details for 36 Bassett St, Kanimbla

36 Bassett St, Kanimbla is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2003. The property has a land size of 724m2 and floor size of 164m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
House
Year Built
2003
Floor Size
164m2
Land Size
724m2
Local Government
Cairns Regional
Lot/Plan
553/SP165252

Last Listing description (August 2021)

Solid Defence Housing Lease until 5 May 2023!! Returns 4.22 % Nett * FOR SALE PRICE - $ 524,500..
Weekly Gross Rent - $ 510 per week or NETT after DHA management & GST of $22,144.20 per annum.
*Excellent NETT RETURN OF 4.22 % after DHA management fees incl GST. Land Area -700 m2 Rock

Better than a Bank Term Deposit !! Safe secure investment with guaranteed lease to Defence Housing, and potential for long term capital growth as Kanimbla is a highly desirable suburb, less than 10 minutes from the Cairns CBD, popular shopping precincts at either CBD Cairns , Earlville or Redlynch and great schools ( Also a replacement lot of 700m2 vacant land in this area is now well over $ 300,000 plus cost to rebuild would be at Least $ 270,000 ) Defence Housing Australia (DHA) has a guaranteed lease in place until 05/05/2023 so you can relax knowing everything , including maintenance ( as per lease document) , is taken care of professionally until the end of your lease. This spacious 4 bedroom family home is located in the quiet cul de sac end of the street, and has mountain views from the back yard & is amongst quality homes & neighbours.
DHA Lease Summary
Lease edition: Edition 6. Lease start date: 06/05/2017: Lease end date: 05/05/2023
Right to vary: 1 x up to 12 months Reduction and 1 x up to 12 months Extension
Weekly Gross Rent - $ 510 or NETT ANNUAL RENT = $ 22,140.20 CLEAR AFTER D.H.A. MANAGEMENT FEES AND GST.
DHA Lease Edition 6 provides for lease restoration works completed at the termination of the lease. Investing with DHA
Guaranteed rent is paid 52 weeks a year. Rent is paid a month in advance. Rent is reviewed in December every year by a registered valuer. DHA Property Care maintenance package included.
DHA Lease Edition 6 provides for lease restoration works completed at the termination of the lease. includes repainting plus all appliances to be in working condition. If any carpet in bedrooms they will be replaced. A copy of lease outlining DHA obligations can be provided for your review. Investing with DHA This property is for sale on behalf of a DHA lessor and has a DHA lease in place. Visit dha.gov.au to learn about the benefits of investing in DHA property. In accordance with DHA regulations we advise that this property will be available for private inspection only and to prequalified buyers only. Photos are not professional photos and are supplied under agreement by DHA and are for illustration purposes only. Generally properties look much better in real inspection time.

Property History for 36 Bassett St, Kanimbla, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$510,000
07 Jul 2021
  • 07 Jul 2021
    Sold for $510,000
  • 15 Jan 2020
    Listed for Sale Not Disclosed
  • 18 Sep 2017
    Sold for $450,000
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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 1,170 properties.

    There are currently 10 properties listed for sale, and 1 property listed for rent in Kanimbla on OnTheHouse. According to CoreLogic's data, 63 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.