33 Palmer StreetNorth Lakes QLD 4509
Property Details for 33 Palmer St, North Lakes
33 Palmer St, North Lakes is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2012. The property has a land size of 464m2 and floor size of 151m2. While the property is not currently for sale or for rent, it was last sold in October 2020.
Last Listing description (November 2020)
This beautiful four-bedroom home is a blue chip investment. Currently under lease to DHA (Defence Housing Australia) with guaranteed rent. Located in rapidly growing North Lakes & surrounded by modern built family homes and opposite a park. Situated close to everything you could need including popular schools, shops, and public transport. This home is the perfect mix of peace and convenience, with long term security through the benefit of the lease to DHA until 2024 with an additional 3 yr option to extend, taking it through to 2027. Featuring a modern layout with tiled living area and carpeted bedrooms.
You will receive guaranteed rent from the perfect tenant (DHA) that will provide an ongoing income stream into the long term. A strong cash flow is the key ingredient to making a sound investment. Whilst independently purchased 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 start date - 29/05/2012
* Lease end date - 28/05/2024
* 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/extensions are in DHA's favour.
* CURRENT RENT : $450 pw and independently assessed annually.
FEATURES :
* 4 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 2012
* 464sqm Block
* 32km to Brisbane CBD.
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
Brisbanes Northern Growth Corridor is home to a large and rapidly-growing resident population of about 390,000 in Brisbanes 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 cafs 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".
Brisbanes Northern Growth Corridor is home to a large and rapidly-growing resident population of about 390,000 in Brisbanes 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.
This investment equals "peace of mind" from a long lease, guaranteed rental income paid monthly in advance and other extensive DHA Property Care Services. 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 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.
* In accordance with DHA regulations, we advise that this property will only be available for private inspections and to pre-qualified buyers.
* Photos are supplied under agreement by DHA, and are for illustration purposes only.
** 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.
Property History for 33 Palmer St, North Lakes, QLD 4509
- 07 Oct 2020Sold for $456,100
- 25 Sep 2020Listed for Sale $455,000
- 17 Apr 2012Sold for $440,000
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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 9,148 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.
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