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Sold on 03 Jul 2024 - Price Unavailable

2/7 Intelligence Street
Oonoonba QLD 4811

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 105m2
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Property Details for 2/7 Intelligence St, Oonoonba

2/7 Intelligence St, Oonoonba is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 105m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Oonoonba in the last 12 months.

Building Type
Unit
Land Size
105m2
Local Government
Townsville City
Lot/Plan
1/SP286593

Last Listing description (July 2024)

Calling all investors, if you are looking for a long term investment that is very hands off, then look no further. This modern Unit located in Oonoonba is currently leased to DHA (Defence Housing Australia) until August 2028 with an additional option of 3 Years (at DHA's Discretion).

Oonoonba is one of Townsville's most sought after locations, being positioned in a new modern development area and within close proximity to Townsville CBD and The Strand, Townsville University Hospital (the largest hospital in QLD outside South East Queensland), Townsville's James Cook University, and of course one of Australia's largest Army Barracks. Townsville is proudly a supporter of the large local military population and this is why Defence Housing Australia has many great assets in the region.

The property features 2 bedrooms, both fitted with air conditioning and ceiling fans. A well designed unit offers open plan kitchen and Living/dining space flowing seamlessly to the rear patio. Low maintenance block and a solid block and Colourbond construction ensures the unit will stand the test of time.

Great opportunities like this will not last long, so enquire today!!

Lease details:
Current weekly rent: $420 per week (Reviewed Annually)
Lease end date: 20th August 2028
Option Available: 3 Year Option
Right to Vary Available: N/A
(All Options/Variations are exercised at DHA's discretion)

DHA lease benefits:

DHA guarantee to pay the rent even if the property is vacant.
DHA Property Care, an all-inclusive service fee, covers a range of property related services.
The property is cleaned at the end of each tenancy period.
The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement)
A rental floor may apply to the DHA Lease Agreement (applicable to specific lease editions and applies to commencement rent).
This property is for sale on behalf of a Defence Housing Australia lessor and has a Defence Housing Australia lease in place. Visit dha.gov.au to learn the benefits of investing in Defence Housing Australia property.

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.

Property History for 2/7 Intelligence St, Oonoonba, QLD 4811

A timeline of how this property has performed in the market
Last Sold
03 Jul 2024
  • 19 Jun 2024
    Sold for $350,000
  • 02 Jun 2024
    Listed for Sale Offers Over $340,000
  • 07 Aug 2019
    Sold for $290,000
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About Oonoonba 4811

The size of Oonoonba is approximately 2.5 square kilometres. It has 1 park covering nearly 1.5% of total area. The population of Oonoonba in 2011 was 1,154 people. By 2016 the population was 1,691 showing a population growth of 46.5% in the area during that time. The predominant age group in Oonoonba is 20-29 years. Households in Oonoonba are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Oonoonba work in a professional occupation. In 2011, 62.5% of the homes in Oonoonba were owner-occupied compared with 55.6% in 2016.

Oonoonba has 1,304 properties. Over the last 5 years, Houses in Oonoonba have seen a 59.65% increase in median value, while Units have seen a 45.51% increase. As at 31 July 2024:

  • The median value for Houses in Oonoonba is $513,847 while the median value for Units is $361,900.
  • Houses have a median rent of $470 while Units have a median rent of $380.
There are currently 5 properties listed for sale, and 8 properties listed for rent in Oonoonba on OnTheHouse. According to CoreLogic's data, 114 properties were sold in the past 12 months in Oonoonba.

Suburb Insights for Oonoonba 4811

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Santo Spinella
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Karlee Burbidge
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Ray White Townsville
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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.