OFF MARKET

4 Pierce Street
Mount Louisa QLD 4814

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 149m2
Land area: 697m2
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Property Details for 4 Pierce St, Mount Louisa

4 Pierce St, Mount Louisa is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2009. The property has a land size of 697m2 and floor size of 149m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
House
Year Built
2009
Floor Size
149m2
Land Size
697m2
Local Government
Townsville City
Lot/Plan
123/SP210975

Last Listing description (April 2021)

INVESTORS NOTE! This property is currently leased to Defence Housing (DHA) until July 2028 with a 3 yr option which could take it through until 2031! The DHA (Defence Housing Australia) lease offers 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 record low interest rates and 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.

PROPERTY FEATURES:

* Modern spacious low-set home
* 4 Bedrooms inc Main with Ensuite, BIR and Air Con
* 3 living areas inc Family, Dining and Separate Lounge
* Double Lock up garage with secure internal & rear yard access
* Outdoor entertaining area
* Security Screens throughout
* Modern kitchen with stainless appliances and ample storage
* Dining area opens out to an outdoor patio through double glass sliders
* 697 sqm block
* Built approx 2009

CURRENT GROSS RENT FOR 2021: $420pw

LEASE DETAILS :
* Lease edition 6C
* Lease start date 30/06/2016
* Lease end date 01/07/2028
* 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

DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is tenanted
* Annual independent rent reviews
* Most non structural 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

RATES:
Water approx $TBC
Council approx $TBC

These are just some of the benefits of the DHA lease attached to this property. Enjoy all the benefits of rental guarantee and a no fuss investment property; let DHA do all the hard work for you.
* Investing with DHA - This DHA leased property is available for immediate 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 - the Defence Properties specialists.
* In accordance with DHA regulations, we advise that this property address is not able to be advertised publicly and the property will only be available for private inspections.
* Photos are supplied under agreement by DHA, and are for illustration purposes only.

Property History for 4 Pierce St, Mount Louisa, QLD 4814

A timeline of how this property has performed in the market
Last Sold
$380,000
18 Feb 2021
  • 18 Feb 2021
    Sold for $380,000
  • 17 Feb 2021
    Listed for Sale $375,000 PLUS
  • 03 Jun 2016
    Sold for $387,500

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About 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.
There are currently 31 properties listed for sale, and 23 properties listed for rent in Mount louisa on OnTheHouse. According to CoreLogic's data, 238 properties were sold in the past 12 months in Mount louisa.

Suburb Insights for Mount Louisa 4814

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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.