OFF MARKET

6 Ninette Close
Kanimbla QLD 4870

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 180m2
Land area: 706m2
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Property Details for 6 Ninette Cl, Kanimbla

6 Ninette Cl, Kanimbla is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2004. The property has a land size of 706m2 and floor size of 180m2. While the property is not currently for sale or for rent, it was last sold in October 2016.

Building Type
House
Year Built
2004
Floor Size
180m2
Land Size
706m2
Local Government
Cairns Regional
Lot/Plan
745/SP158394

Last Listing description (March 2017)

Looking for a secure investment return with rock solid tenant, in a top class neighbourhood. This excellent property achieves a gross rent return of $24,523.92 ( $470wk) p.a. OR NETT of $ 20,447.40 p.a. after DHA managmenet fees, so is yielding 4.36% NETT BETTER THAN THE BANK THESE DAYS!!! ( and there is potential for future capital growth !)

Quality Built to Defence Housing specifications & offering very spacious living with 2 LARGE separate living rooms PLUS a dining room served by a spacious central kitchen. Very large master bedroom incls. walk in robe & ensuite, +3 family bedrooms all include built in robes. Main bathroom incl.separate shower,bath + toilet. Fully tiled for easy care cool living & air-conditioned throughout for summer comfort.
Gross Rent Weekly $470.00, Nett PAID BY DHA PER CAL MTH $ 1,706.45 ($ 20,447.40 p.a.) just set and forget DHA organise all the management & property maintenance. At lease end DHA ensure the property is professionally cleaned so a full INTERNAL & EXTERNAL REPAINT is included ; appliances are clean & in good working order; & the dwelling, grounds & landscaping are in a neat & tidy condition. Lease incls. DHA Right to Vary Available: 1 x up to 12 months Reduction

(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 popular & prestigious Kanimbla Heights Estate - handy to the city & all major amenities, this is one of Cairns most sought after locations. This return on investment is better than a bank term deposit these days and offers potential capital growth as well.

Property History for 6 Ninette Cl, Kanimbla, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$445,000
18 Oct 2016
  • 18 Oct 2016
    Sold for $445,000
  • 25 Jul 2016
    Listed for Sale $469,000
  • 15 Mar 2005
    Sold for $369,000
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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. Over the last 5 years, Houses in Kanimbla have seen a 56.83% increase in median value, while Units have seen a 7.92% increase. As at 31 October 2024:

  • The median value for Houses in Kanimbla is $740,544 while the median value for Units is $438,732.
  • Houses have a median rent of $680.
There are currently 13 properties listed for sale, and no properties listed for rent in Kanimbla on OnTheHouse. According to CoreLogic's data, 57 properties were sold in the past 12 months in Kanimbla.

Suburb Insights for Kanimbla 4870

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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.