OFF MARKET

130 Nicklaus Parade
North Lakes QLD 4509

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 161m2
Land area: 432m2
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Last updated 16 Dec 2024
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Property Details for 130 Nicklaus Pde, North Lakes

130 Nicklaus Pde, North Lakes is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2010. The property has a land size of 432m2 and floor size of 161m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
House
Year Built
2010
Floor Size
161m2
Land Size
432m2
Local Government
Moreton Bay
Lot/Plan
402/SP231817

Last Listing description (April 2023)

INVESTORS : This terrific property offers astute investors a great opportunity for good capital growth. Owned independently & currently leased to Defence Housing on a long term lease which expires in 2026 with a 3 yr option that could take it through until 2029. Currently renting at $600PW with the annual rent review due again in December. The home has all the elements of a strong investment. It is located a short drive to multiple facilities and retailers making it a very handy location. Just minutes from the local childcare & schools, parks and Westfield, Costco and IKEA and perfect for day trip to Sunshine Coast beaches.

You will receive guaranteed rent from DHA that will provide an ongoing income stream into the long term. The DHA lease offers the new owners guaranteed 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 still experiencing positive growth and some of the highest rental yields in the country, vacancy rates continuing to come down now is the time to invest in the region.

LEASE DETAILS :
* Lease edition : 6C
* Lease start date : 16/06/2017
* Lease end date : 15/06/2026
* 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
* Note: The option and right to vary is at DHA's discretion.

CURRENT RENT for 2023 : $600PW and assessed annually by independent valuers.

PROPERTY FEATURES:
* 4 Bedrooms
* Good size bedrooms inc. Main with Air conditioning, Built in robe and ensuite
* 2 Separate Air conditioned living areas
* Modern kitchen with ample bench and storage space, Air conditioned Living/dining
* Outdoor Alfresco dining/entertaining area with sliding doors to kitchen/dining
* Separate carpeted, air conditioned lounge
* Double lock up garage internal access to the home
* Security screens throughout
* 432 sqm block
* Quiet & covenient neighbourhood
* Built approx 2010

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 :
Council approx $TBC
Water approx $TBC

** 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 and to pre-qualified buyers.
Information provided above has been obtained from various sources from which we believe to be accurate, however, Hudson Property Agents accept no liability for any errors or omissions, including but not limited to a Floorpan, build date, land size, floor plans and size, 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.

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Property History for 130 Nicklaus Pde, North Lakes, QLD 4509

A timeline of how this property has performed in the market
Last Sold
$699,000
23 Jan 2023
Listed for Rent
$420/w
28 Jan 2020
  • 23 Jan 2023
    Sold for $699,000
  • 25 Jul 2022
    Listed for Sale Offers Above $739,000
  • 22 Jan 2020
    Listed for Rent $420 / week
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About North Lakes 4509

The size of North Lakes is approximately 11.6 square kilometres. It has 54 parks covering nearly 18.8% of total area. The population of North Lakes in 2011 was 15,045 people. By 2016 the population was 21,670 showing a population growth of 44.0% in the area during that time. The predominant age group in North Lakes is 0-9 years. Households in North Lakes are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Lakes work in a professional occupation. In 2011, 61.9% of the homes in North Lakes were owner-occupied compared with 54.8% in 2016.

North Lakes has 9,148 properties. Over the last 5 years, Houses in North Lakes have seen a 85.26% increase in median value, while Units have seen a 77.89% increase. As at 30 November 2024:

  • The median value for Houses in North Lakes is $931,802 while the median value for Units is $617,504.
  • Houses have a median rent of $650 while Units have a median rent of $570.
There are currently 40 properties listed for sale, and 102 properties listed for rent in North lakes on OnTheHouse. According to CoreLogic's data, 497 properties were sold in the past 12 months in North lakes.

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