104a Stuart St, Mount Lofty is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2017. The property has a land size of 506m2 and floor size of 184m2. While the property is not currently for sale or for rent, it was last sold in September 2020.
When you buy this property, Defence Housing Australia (DHA) will pay your rent every day for the remainder of the lease making it an ideal investment property now and into the future.
In addition to the secure rental return this property is perfectly positioned in the much sought after suburb of Mount Lofty and is close to local schools, Toowoomba TAFE and Queens Park.
The house features three bedrooms with ceiling fans & built ins plus a study / 4th bedroom, the main bedroom features a large walk in robe & a luxurious ensuite with a large shower and double vanity. There are also two generous air conditioned living areas - a lounge at the front of the home and a large open plan living space to the rear serviced by a well appointed kitchen featuring stone bench tops and gas cook top. To the rear of the home is a private alfresco area that overlooks an easy to keep backyard.
Completing the home is an attached double garage with internal access, a laundry with great storage and a large family bathroom with a separate toilet.
This property is an ideal 'set and forget' investment property that will provide a strong and reliable return for many years and is in a great location with excellent potential for future capital growth.
DHA Lease Summary:
Lease edition: Edition 6
Lease end date: 03/12/2023
Rent: $480 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 guarantee to pay the rent even if the property is vacant.
- 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)
Investing with DHA - This property is for sale on behalf of a DHA lessor and has a DHA (Defence Housing Australia) 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.
The size of Mount Lofty is approximately 9.6 square kilometres. It has 8 parks covering nearly 35.5% of total area. The population of Mount Lofty in 2011 was 3,847 people. By 2016 the population was 3,775 showing a population decline of 1.9% in the area during that time. The predominant age group in Mount Lofty is 40-49 years. Households in Mount Lofty are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Lofty work in a professional occupation. In 2011, 74.9% of the homes in Mount Lofty were owner-occupied compared with 73% in 2016.
Mount Lofty has 1,826 properties. Over the last 5 years, Houses in Mount Lofty have seen a 80.15% increase in median value, while Units have seen a 86.26% increase. As at 31 October 2024:
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