OFF MARKET

16 Accord Street
Rasmussen QLD 4815

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 156m2
Land area: 350m2
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Property Details for 16 Accord St, Rasmussen

16 Accord St, Rasmussen is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2016. The property has a land size of 350m2 and floor size of 156m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Year Built
2016
Floor Size
156m2
Land Size
350m2
Local Government
Townsville City
Lot/Plan
162/SP273474

Last Listing description (June 2023)

INVESTORS : This modern home offers the astute investor a great opportunity for good capital growth. Currently leased to Defence Housing (DHA) on a long term lease which expires in 2026 with a 3 yr option which could take it through until 2029! Currently receiving $430pw and assessed annually by independent valuers with new rent to take effect from January 1st the following year. Currently returning a huge 5.75% yield which is sure to satisfy the banks.

The DHA (Defence Housing Australia) lease offers the new owners guaranteed income, resulting in stress free investing, regardless of whether the home is tenanted. An investment property leased to DHA is ideal for investors from anywhere in the country, superannuation funds, and is a perfect investment for those starting their property portfolio and looking for a safe and secure option to get started.

With Townsville experiencing some of the highest rental yields in the country, vacancy rates continuing to come down and affordable modern homes, now is the perfect time to consider investing in to the region.

LEASE FEATURES
* Lease edition Edition 6C
* Lease start date 10/08/2017
* Lease end date 9/08/2026
* 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
* All options/extensions are in DHA's favour

* CURRENT RENT for 2023 : $430pw and assessed annually by independent valuers.

FEATURES:
* Spacious double story modern home
* 3 bedrooms inc Master bedroom with air-conditioning, walk-in robe and en suite
* Two large living areas inc separate upstairs lounge
* Open plan dining, kitchen and family air-conditioned flows out to the undercover entertaining area through glass sliding doors
* Air conditioning and fans throughout
* Separate laundry
* Double Lock up auto garage with generous storage space and internal entry to the home
* Large undercover outdoor entertaining area perfect for alfresco living and dining
* Safety screens throughout
* Smoke alarms and electrical safety switch
* Built 2016

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 & Water combined approx $2900pa (after water usage rebate)

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. 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 from 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 16 Accord St, Rasmussen, QLD 4815

A timeline of how this property has performed in the market
Last Sold
$390,000
08 May 2023
  • 08 May 2023
    Sold for $390,000
  • 15 Nov 2022
    Listed for Sale Offers above $389,000
  • 17 Jul 2017
    Sold for $380,000

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About Rasmussen 4815

The size of Rasmussen is approximately 5.5 square kilometres. It has 9 parks covering nearly 8.9% of total area. The population of Rasmussen in 2011 was 4,264 people. By 2016 the population was 4,484 showing a population growth of 5.2% in the area during that time. The predominant age group in Rasmussen is 0-9 years. Households in Rasmussen are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Rasmussen work in a community and personal service occupation. In 2011, 54.4% of the homes in Rasmussen were owner-occupied compared with 51.6% in 2016.

Rasmussen has 2,328 properties. Over the last 5 years, Houses in Rasmussen have seen a 126.95% increase in median value, while Units have seen a 192.31% increase. As at 31 January 2025:

  • The median value for Houses in Rasmussen is $473,095 while the median value for Units is $407,543.
  • Houses have a median rent of $460 while Units have a median rent of $330.
There are currently 17 properties listed for sale, and 5 properties listed for rent in Rasmussen on OnTheHouse. According to CoreLogic's data, 197 properties were sold in the past 12 months in Rasmussen.

Suburb Insights for Rasmussen 4815

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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.