OFF MARKET

27 Couples Street
North Lakes QLD 4509

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 144m2
Land area: 450m2
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Property Details for 27 Couples St, North Lakes

27 Couples St, North Lakes is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2011. The property has a land size of 450m2 and floor size of 144m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
House
Year Built
2011
Floor Size
144m2
Land Size
450m2
Local Government
Moreton Bay
Lot/Plan
209/SP224087

Last Listing description (November 2020)

This neat 3 bedroom home is well situated in North Lakes and is perfect for your first investment property. The home is for sale on behalf of a DHA lessor and has a DHA lease in place. (Visit dha.gov.au to learn about the benefits of investing in a DHA property). This means guaranteed rent is paid 52 weeks a year regardless of vacancies (currently $420/week). Fundamentally, what you want is guaranteed rent or a good tenant that will provide an ongoing income stream into the long term. A strong cash flow is the key ingredient to making a sound investment. The low-risk, minimal hassle, steady return option. At the end of the lease, there are lease-end restoration obligations by DHA (as per the lease) which means you can decide to move in, rent privately or sell as you wish.

LEASE DETAILS
Rental guarantee: $420 per week

Lease start date: 24/05/2011
Lease end date: 23/05/2023
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
**All options and variations are exercised at DHA's discretion**
Rent is reviewed in December every year by a registered valuer.

FEATURES
* Compact design
* Neutral tones throughout
* Easily maintained tiled living spaces
* Separate lounge room
* Air conditioning and ceiling fans
* Security screens and doors
* Water tank
* Undercover alfresco area
* Double lock up garage
* Built 2011

SUBURB OVERVIEW - NORTH LAKES
Located about 28km north of Brisbane, North Lakes is a great location for investors. The master planned community boasts a Westfield Shopping Centre, Ikea and Cosco, with many newly established schools and community/sporting facilities. The nearest train stations are the Mango Hill & Mango Hill East train lines on the Redcliffe Peninsula line, while the airport is 35 minutes away in Brisbane. The suburb is well positioned near the Bruce Highway, and trips to the Sunshine Coast only take 45 minutes.

For more information or to arrange a private inspection please contact me at Richardson & Wrench Wilston/Windsor, your DHA specialist.

** In accordance with DHA regulations we advise that this property will be available for private inspection only and to pre-qualified buyers only. Photos are supplied under agreement by DHA and are for illustration purposes only.

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Property History for 27 Couples St, North Lakes, QLD 4509

A timeline of how this property has performed in the market
Last Sold
$428,000
18 Oct 2020
Listed for Rent
$380/w
22 Mar 2012
  • 18 Oct 2020
    Sold for $428,000
  • 24 Sep 2020
    Listed for Sale Offers over $430,000
  • 15 Mar 2012
    Listed for Rent - Price not available
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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.

    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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