11 Canthium CourtMount Louisa QLD 4814
Property Details for 11 Canthium Ct, Mount Louisa
11 Canthium Ct, Mount Louisa is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2006. The property has a land size of 690m2 and floor size of 162m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Last Listing description (September 2023)
INVESTORS : This property is a perfect option for a savvy investor being on a long lease to DHA (Defence Housing Australia) and offering the new owners GUARANTEED RENTAL INCOME, resulting in stress-free investing, regardless of whether the home is tenanted. Ideal for investors from anywhere in the country, great for superannuation funds, or for those starting their property portfolio and looking for a safe and secure option to get started.
With Queensland defying the odds and experiencing some of the best capital growth and highest rental yields in the country, now is the perfect time to consider investing in to the region.
This home is the perfect mix of peace and convenience, with long term security through the benefit of the lease to DHA (Defence Housing Australia). Currently leased until 2024 and a new lease starting the day after which goes through until 2030 with an additional 3 yr option which would take it through until the year 2033! You will receive guaranteed rent from the perfect tenant (DHA), that will provide an ongoing income stream into the long term. Strong cash flow is a key ingredient to making a sound investment such as this. While independently purchased properties are vulnerable to fluctuating demand for rental properties, there is no risk of vacancy costs with your DHA property. Even if the property is without a tenant for some time, DHA will still pay the rent whilst it's vacant.
LEASE FEATURES :
* Current Lease 5B 24/04/2009 to 23/04/2024
* New lease Edition 7 24/04/2024 to 23/04/2030
* Lease option 1 x up to 36 months
* Right to vary 1 x up to 12 months Reduction and 1 x up to 12 months Extension
CURRENT RENT : $480pw and adjusted annually according to an independent professional valuation
FEATURES :
* 4 bedrooms, inc master with Built in robe, Air Con & Ensuite
* Separate study
* Main bathroom with shower and separate bath.
* Open plan family, dining and kitchen with sliding glass doors to an outdoor undercover area.
* Separate Living/lounge area
* Modern kitchen with SS appliances, ample storage and bench space.
* Ceiling fans throughout with Aircon to master, main living and kitchen/dining.
* Security grills to windows and doors.
* Double lock up garage with remote control entry and internal access to the home.
* Built 2006
* No Body Corporate fees.
* Combined Council & Water Rates Approx $2,090 paid half-yearly
This investment equals "peace of mind" from a long lease, guaranteed rental income paid monthly in advance and other extensive DHA Property Care Services.
DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is tenanted.
* Annual independent rent reviews.
* Most nonstructural maintenance paid for by DHA.
* The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement).
* Zero re-letting fees.
If you'd like to know more about this property or would like to submit an offer, please contact Sharon or Sage by clicking on the contact Agent button or calling anytime. We'd love to discuss your property needs. Hudson Property - "Property done properly".
**Investing with DHA - This property is for sale on behalf of a DHA Lessor and has a DHA Lease Agreement in place. Visit dha.gov.au to learn about the benefits of investing in a DHA property. If you would like to arrange an inspection, please contact Sharon Richter of Hudson Property Agents. In accordance with DHA regulations, we advise that this property will only be available for private inspections.
Information provided above has been obtained from various sources which we believe to be accurate, however, Hudson Property Agents accept no liability for any errors or omissions, including but not limited to a Floorplan, build date, land size, floor plans and size, and property condition. Interested parties should make their own enquiries and conduct their own due diligence in addition to obtaining legal advice from their appointed solicitor or conveyancer.
Property History for 11 Canthium Ct, Mount Louisa, QLD 4814
- 23 Jun 2023Sold for $458,500
- 14 Apr 2023Listed for Sale Offers Above $465,000
- 17 Feb 2009Sold for $432,500
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0About Mount Louisa 4814
The size of Mount Louisa is approximately 10.2 square kilometres. It has 10 parks covering nearly 4.3% of total area. The population of Mount Louisa in 2011 was 7,992 people. By 2016 the population was 8,830 showing a population growth of 10.5% in the area during that time. The predominant age group in Mount Louisa is 0-9 years. Households in Mount Louisa are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Louisa work in a professional occupation. In 2011, 66.4% of the homes in Mount Louisa were owner-occupied compared with 62% in 2016.
Mount Louisa has 3,963 properties. Over the last 5 years, Houses in Mount Louisa have seen a 71.29% increase in median value, while Units have seen a 82.26% increase. As at 31 October 2024:
- The median value for Houses in Mount Louisa is $598,276 while the median value for Units is $548,231.
- Houses have a median rent of $530 while Units have a median rent of $270.
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