OFF MARKET

21 Gillmeister Street
Kleinton QLD 4352

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 178m2
Land area: 976m2
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Property Details for 21 Gillmeister St, Kleinton

21 Gillmeister St, Kleinton is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 2015. The property has a land size of 976m2 and floor size of 178m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Year Built
2015
Floor Size
178m2
Land Size
976m2
Local Government
Toowoomba Regional
Lot/Plan
142/SP264477

Last Listing description (July 2023)

This sophisticated contemporary executive home, located on a huge 976 sqm lot is a standout for an investor. Currently leased to Defence Housing Australia (DHA) and for sale on behalf of a DHA lessor. Rented at $635 per week, the initial lease has over 5 years remaining, expiring on 01/08/2028 plus a 3-year option. The dwelling features high end inclusions and luxurious features, not commonly associated with an investment property. Investment properties of this calibre and long lease term are highly sought after, however are rarely offered to the market. Be quick, as this outstanding property will not last !

Dwelling Features
4 built in bedrooms with customised cabinetry

Extra storage robes in the study, laundry, hallway and garage
Ducted air-conditioning throughout (5 zones)
Coffered entry & lounge ceiling with 3 step cornice throughout
Stacked stone feature faade, raised porch roof with timber infill & deck
Timber joinery to the front windows
Plantation shutters to study, media room and master bedroom
Luxurious master bedroom with ensuite and walk-in robe.
Expansive open plan living space serviced by a well-appointed kitchen with ILVE appliances including a gas cooktop
Media room and study
A private outdoor entertaining area overlooks the fully fenced rear yard
Double lock up garage
Detached 6m x 9m shed serviced by an exposed aggregate driveway
Located in the northern growth corridor of Toowoomba, with easy access to the Highfields town centre and civic precinct

DHA Lease Summary:
Lease end date: 01/08/2028
Rent for 2023: $635 per week

DHA Lease Options and Variations:
Lease option: 1 x up to 36 months (Note the option and right to vary is at DHA's discretion)
Right to vary: 1 x up to 12 months Reduction and 1 x up to 12 months Extension

DHA Lease Benefits:
DHA guarantee to pay the rent 52 weeks per year even if the property is vacant.
Rent is paid a month in advance and is reviewed in December every year by a registered valuer.
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)

Visit www.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 supplied under agreement by DHA and are for illustration purposes only.

To receive a copy of the Information Memorandum, or to arrange a private inspection, contact your DHA specialist agent at Place Projects, Dean Dederer on 0429 433 018 or deandederer@eplace.com.au

Property History for 21 Gillmeister St, Kleinton, QLD 4352

A timeline of how this property has performed in the market
Last Sold
$730,000
19 May 2023
  • 19 May 2023
    Sold for $730,000
  • 04 Apr 2023
    Listed for Sale UNDER OFFER
  • 02 Aug 2016
    Sold for $550,000
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About Kleinton 4352

The size of Kleinton is approximately 14.2 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Kleinton in 2011 was 710 people. By 2016 the population was 1,606 showing a population growth of 126.2% in the area during that time. The predominant age group in Kleinton is 0-9 years. Households in Kleinton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kleinton work in a professional occupation. In 2011, 81.4% of the homes in Kleinton were owner-occupied compared with 72% in 2016.

Kleinton has 919 properties. Over the last 5 years, Houses in Kleinton have seen a 64.51% increase in median value, while Units have seen a 70.87% increase. As at 31 October 2024:

  • The median value for Houses in Kleinton is $841,326 while the median value for Units is $512,300.
  • Houses have a median rent of $608 while Units have a median rent of $293.
There are currently 19 properties listed for sale, and 2 properties listed for rent in Kleinton on OnTheHouse. According to CoreLogic's data, 55 properties were sold in the past 12 months in Kleinton.

Suburb Insights for Kleinton 4352

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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.