OFF MARKET

24 Chrysler Parade
North Lakes QLD 4509

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 122m2
Land area: 313m2
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Property Details for 24 Chrysler Pde, North Lakes

24 Chrysler Pde, North Lakes is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2010. The property has a land size of 313m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Year Built
2010
Floor Size
122m2
Land Size
313m2
Local Government
Moreton Bay
Lot/Plan
495/SP228411

Last Listing description (July 2023)

INVESTORS : This beautiful home is a blue-chip investment with a lease to DHA (Defence Housing Australia) until 2026. Located in rapidly growing North Lakes & surrounded by modern built family homes. Situated close to everything you could need including popular schools, shops, and public transport. Featuring a modern layout with tiled living area and generously sized, carpeted bedrooms.
You will receive guaranteed rent from the perfect tenant (DHA) that will provide an ongoing income stream into the long term. Whilst independently leased properties are vulnerable to fluctuating demand for rental, there is no risk of vacancy costs with your DHA property. Even if the property is without a tenant for a period of time, DHA will still pay the rent while it's vacant.

LEASE DETAILS :

* Lease edition Lease Edition 6B
* Lease start date 18/05/2011
* Lease end date 17/05/2026
* Lease option USED
* 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 : $520 pw and adjusted each December according to an independent professional valuation.

FEATURES :
* 3 bedrooms, inc master with BIR, AC & Ensuite.
* Main bathroom with shower and separate bath.
* Open plan lounge, dining and kitchen with sliding glass doors to an outdoor alfresco area.
* 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 in approx 2010/2011
* 313sqm Block
* 32km to Brisbane CBD.

RATES:
Council $563 quarterly
Water $250 quarterly after DHA rebate the usage.

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.

ABOUT NORTH LAKES REGION
Brisbane's Northern Growth Corridor is home to a large and rapidly-growing resident population of about 390,000 in Brisbane's neighbouring Moreton Bay Region, which is expected to grow to about 622,000 by 2031. This population growth will impact significantly on demand pushing property prices well above current median values.
The area is serviced well by the bustling The North Lakes Town centre with numerous cafes and restaurants and also includes and IKEA, Westfield Shopping Centre, Costo and Bunnings. There are numerous excellent surrounding schools, parks, top quality medical precincts. Brisbane city is approx 32 km and Caloundra is 60km North.

If you'd like to know more about this property or would like to submit an offer please contact Sharon or Viv by clicking on the contact Agent button or calling anytime. We'd love to discuss your property needs. Hudson Property - "Property done properly".
Brisbane's Northern Growth Corridor is home to a large and rapidly-growing resident population of about 390,000 in Brisbane's neighbouring Moreton Bay Region, which is expected to grow to about 622,000 by 2031. This population growth will impact significantly on demand pushing property prices well above current median values.

* 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 - the Defence Properties specialists.

** Investing in DHA leased homes - 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 - the Defence properties specialist. 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.

Property History for 24 Chrysler Pde, North Lakes, QLD 4509

A timeline of how this property has performed in the market
Last Sold
$640,000
26 May 2023
  • 13 Jul 2023
    Listed for Sale $649,000 +
  • 26 May 2023
    Sold for $640,000
  • 15 May 2022
    Listed for Sale $649,000 +
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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 9,128 properties. Over the last 5 years, Houses in North Lakes have seen a 83.75% increase in median value, while Units have seen a 77.90% increase. As at 31 October 2024:

  • The median value for Houses in North Lakes is $925,379 while the median value for Units is $619,881.
  • Houses have a median rent of $650 while Units have a median rent of $570.
There are currently 56 properties listed for sale, and 104 properties listed for rent in North lakes on OnTheHouse. According to CoreLogic's data, 514 properties were sold in the past 12 months in North lakes.

Suburb Insights for North Lakes 4509

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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.