OFF MARKET

25 Kordan Boulevard
Raceview QLD 4305

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 147m2
Land area: 555m2
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Property Details for 25 Kordan Bvd, Raceview

25 Kordan Bvd, Raceview is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2011. The property has a land size of 555m2 and floor size of 147m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
House
Year Built
2011
Floor Size
147m2
Land Size
555m2
Local Government
Ipswich
Lot/Plan
328/SP221968

Last Listing description (January 2021)

This home is perfect for investors looking for good long term growth and security with a DHA (Defence Housing Australia) lease until August 2023 + 1 x 3yr option which could it up to October 2026.

Set in beautiful surrounds overlooking bushlands in one of the fastest growing regions in South East Queensland. Raceview is centrally located and only a short distance to schools, shops, parks, sporting facilities, major shopping centres and public transport. If you are looking to invest in an area that is close to all amenities then you'd be wise to consider this property.

The DHA (Defence Housing Australia) 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.

With record low interest rates and Queensland defying the odds and experiencing some of the best capital growth and highest rental yields in the country, now is the perfect time to consider investing in to the region.

PROPERTY FEATURES:
* Modern low-set home
* 4 Bedrooms inc Main with Ensuite, WIR and Air Con
* 4th Bedroom is designed as a study however flexible enough to be either due to the generous size.
* 2 living areas inc Family, dining and Separate Lounge
* Double Lock up garage with secure internal and rear yard access
* Outdoor entertaining area
* Security Screens throughout
* Modern kitchen with stainless appliances and ample storage
* Dining area opens out to an outdoor patio through double glass sliders
* 555 sqm block
* Built approx 2011

CURRENT GROSS RENT : $380pw

LEASE DETAILS :
* Lease edition Edition 6B
* Lease start date 07/10/2011
* Lease end date 06/10/2023
* 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
* Note: The option and right to vary is at DHAs discretion.

RATES;
Water approx $270 qtr
Council approx $520 qtr

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

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 DHA leased property is available for immediate 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 address is not able to be advertised publicly and the property will only be available for private inspections.
* Photos are supplied under agreement by DHA, and are for illustration purposes only.
***The rent displayed is the 2020 rental figure, please note, DHA has recently performed a rent revaluation on this property. Please enquire with the agent to confirm the 2021 rental figure***

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Property History for 25 Kordan Bvd, Raceview, QLD 4305

A timeline of how this property has performed in the market
Last Sold
$365,000
04 Dec 2020
  • 04 Dec 2020
    Sold for $365,000
  • 16 Nov 2020
    Listed for Sale $369,000
  • 11 Oct 2017
    Sold for $390,000
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About Raceview 4305

The size of Raceview is approximately 5.9 square kilometres. It has 23 parks covering nearly 11.7% of total area. The population of Raceview in 2011 was 8,686 people. By 2016 the population was 9,716 showing a population growth of 11.9% in the area during that time. The predominant age group in Raceview is 0-9 years. Households in Raceview are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Raceview work in a trades occupation. In 2011, 51.4% of the homes in Raceview were owner-occupied compared with 53% in 2016.

Raceview has 4,456 properties. Over the last 5 years, Houses in Raceview have seen a 97.18% increase in median value, while Units have seen a 79.71% increase. As at 30 September 2024:

  • The median value for Houses in Raceview is $664,887 while the median value for Units is $372,388.
  • Houses have a median rent of $530 while Units have a median rent of $440.
There are currently 27 properties listed for sale, and 10 properties listed for rent in Raceview on OnTheHouse. According to CoreLogic's data, 210 properties were sold in the past 12 months in Raceview.

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