53 Lanagan CircuitNorth Lakes QLD 4509
Property Details for 53 Lanagan Cct, North Lakes
53 Lanagan Cct, North Lakes is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2009. The property has a land size of 471m2 and floor size of 170m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
Last Listing description (August 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 that expires in 2026. 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 tripe to Sunshine Coast beaches. At the end of the lease DHA may choose to offer the owners a new lease which they're free to take up or decline. Once finished the home will enjoy a lease end make good which includes a full repaint and recarpet, after which time the owners are free to move in, rent out or sell as they please.
Whilst under lease 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.
CURRENT RENT for 2023 : $600PW and assessed annually by independent valuers.
LEASE DETAILS :
* Lease edition : 6C
* Lease start date : 9/02/2011
* Lease end date : 8/02/2026
* 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.
PROPERTY FEATURES:
* 4 Bedrooms
* Good size bedrooms inc. Main with Air conditioning, Walk in robe and ensuite
* Modern kitchen with ample bench and storage space, Air conditioned Living/dining
* Outdoor Alfresco dining/entertaining area with sliding doors to kitchen/dining
* Double lock up garage internal access to the home
* Security screens throughout
* 471 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
** 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 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 53 Lanagan Cct, North Lakes, QLD 4509
- 03 Feb 2023Sold for $665,000
- 22 Sep 2022Listed for Sale $674,000 plus
- 07 Feb 2012Listed for Rent - Price not available
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0About 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.
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