SOLD
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Sold on 18 Jan 2024 for $690,000

52 Astley Parade
North Lakes QLD 4509

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 578m2
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Property Details for 52 Astley Pde, North Lakes

52 Astley Pde, North Lakes is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 578m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 3 bedroom House sold in North Lakes in the last 12 months.

Building Type
House
Land Size
578m2
Local Government
Moreton Bay
Lot/Plan
19/SP219022

Last Listing description (January 2024)

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. The home has all the elements of a strong investment with potential for even longer term leasing to DHA according to their requirements at the end of the current lease.

Conveniently 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.

A DHA (Defence Housing Australia) lease offers the new owners amazing inclusions such as guaranteed rental income, a comprehensive property care/maintenance package, & annual independent rental valuations and adjustments, all of which are designed for stress free investing. Ideal for investors located anywhere in the country, superannuation funds, and perfect for those starting their property portfolio and looking for a safe and secure option. At lease end the home is repainted & recarpeted at DHA's expense before being handed back for you to move in, rent out privately or sell. You can also choose to discuss DHA's requirements for the home on a longer term basis with the potential for a new lease. You're also free to sell to another investor at any time during the lease.

With Queensland still experiencing positive growth and some of the highest rental yields in the country, and vacancy rates at all all time low now is the time to invest in the region.

LEASE DETAILS :
* Lease edition : 6B
* Lease start date : 11/04/2011
* Lease end date : 10/04/2026
* 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 2024 : $575PW and adjusted each January to realign with current market rent through an independent professional valuation.

PROPERTY FEATURES:
* 3 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
* Study Nook
* Outdoor Alfresco dining/entertaining area with sliding doors to kitchen/dining
* Tandem/Double lock up garage internal access to the home
* Security screens throughout
* 578 sqm block
* Quiet & convenient neighbourhood
* Built approx 2009

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

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

** A note for Owner Occupiers -This property is sold with a DHA (Defence Housing Australia) lease in place which offers significant benefits to the investor however can’t be occupied by the owner/s until the lease ends **

***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 must be co-ordinated by the agent with the tenants.
Information provided above has been obtained from various sources 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, lease dates, build date, land size, floor plans and size, and 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 52 Astley Pde, North Lakes, QLD 4509

A timeline of how this property has performed in the market
Last Sold
$690,000
18 Jan 2024
  • 18 Jan 2024
    Sold for $690,000
  • 23 Nov 2023
    Listed for Sale $689,000 Plus
  • 28 Feb 2011
    Sold for $460,000
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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 9,125 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 55 properties listed for sale, and 102 properties listed for rent in North lakes on OnTheHouse. According to CoreLogic's data, 518 properties were sold in the past 12 months in North lakes.

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Sharon Richter
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Viv Robinson
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Hudson Property
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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.