OFF MARKET

204/116 Osborne Road
Mitchelton QLD 4053

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 81m2
Land area: 91m2
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Last updated 14 Oct 2024
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Property Details for 204/116 Osborne Rd, Mitchelton

204/116 Osborne Rd, Mitchelton is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 91m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
Unit
Year Built
2015
Floor Size
81m2
Land Size
91m2
Local Government
Brisbane
Lot/Plan
204/SP273668

Last Listing description (October 2022)

DHA leased until December 2025, this spacious apartment is situated across from Brookside Shopping Centre and a quick walk to Mitchelton train station and the Blackwood Street coffee shop and restaurant precinct. When you buy this property, Defence Housing Australia (DHA) will pay your rent every day for the remainder of the lease. The Brisbane CBD is approximately 10 kms to the north east.

This apartment features 2 bedrooms, 2 living areas, 2 bathrooms, 1 lock up car spot and a storage cage. The apartment will be comfortable all year round with reverse cycle air conditioning.

DHA Lease Summary

Lease Edition 6c
End Date: 21/12/2025
Rent: $430/week

DHA Lease Options and Variations
Option Available: Nil
Right to Vary: 1 x up to 12 months Reduction and 1 x up to 12 months Extension

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

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

This apartment is in such a convenient location, it won't last long. Email Andrew at andrew@portfoliosales.com.au to make an offer.

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Property History for 204/116 Osborne Rd, Mitchelton, QLD 4053

A timeline of how this property has performed in the market
Last Sold
$417,500
01 Jul 2022
  • 01 Jul 2022
    Sold for $417,500
  • 16 Mar 2021
    Listed for Sale Offers over $440,000
  • 07 Nov 2016
    Sold for $440,000
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About Mitchelton 4053

The size of Mitchelton is approximately 4.2 square kilometres. It has 17 parks covering nearly 7.3% of total area. The population of Mitchelton in 2011 was 8,011 people. By 2016 the population was 8,546 showing a population growth of 6.7% in the area during that time. The predominant age group in Mitchelton is 30-39 years. Households in Mitchelton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mitchelton work in a professional occupation. In 2011, 64.4% of the homes in Mitchelton were owner-occupied compared with 60.7% in 2016.

Mitchelton has 3,952 properties. Over the last 5 years, Houses in Mitchelton have seen a 77.63% increase in median value, while Units have seen a 73.33% increase. As at 30 September 2024:

  • The median value for Houses in Mitchelton is $1,211,651 while the median value for Units is $683,970.
  • Houses have a median rent of $648 while Units have a median rent of $520.
There are currently 23 properties listed for sale, and 18 properties listed for rent in Mitchelton on OnTheHouse. According to CoreLogic's data, 202 properties were sold in the past 12 months in Mitchelton.

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