OFF MARKET

4 Resolution Street
Rasmussen QLD 4815

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 155m2
Land area: 447m2
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Property Details for 4 Resolution St, Rasmussen

4 Resolution St, Rasmussen is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2016. The property has a land size of 447m2 and floor size of 155m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
House
Year Built
2016
Floor Size
155m2
Land Size
447m2
Local Government
Townsville City
Lot/Plan
116/SP264435

Last Listing description (April 2023)

If you are seeking the perfect investment opportunity, then this is the one for you! With a secure DHA (Defence Housing Australia) lease in place, you have guaranteed returns until the end of the lease in November 2025, with the option to extend for an additional 3 years. Currently rented at $450 per week and returning a solid gross yield of 6%, this is an outstanding opportunity to boost your property portfolio.

Located in the newly established Bluewattle Estate of Rasmussen, with its lush green landscapes, tranquil atmosphere and sweeping views of Mount Stuart there is so much to offer. The estate features a variety of recreational activities for residents to enjoy from beautiful parklands, walking and cycling tracks and easy access to the banks of the serene Ross River.

With Townsville experiencing some of the highest rental yields in the country, vacancy rates continuing to come down and property experts reporting Townsville is on the way back from its previous downturn, now is the perfect time to consider investing in the region.

THE PROPERTY:

Built in 2016
Modern fixtures and fittings throughout
Four large bedrooms with built-in wardrobes
Primary bedroom with ensuite and walk-in-robe
Separate lounge room plus additional dinning/ family room
Stainless-steel appliances
Double lock up garage
Split-system air-conditioning throughout
Separate WC
Security screens
Internal laundry
Large outdoor entertaining area/patio
447sqm block

LEASE DETAILS:

Weekly return $450 per week
Lease start date 29/11/2016
Lease end date 28/11/2025, with option to extend a further 3 years

DHA LEASE BENEFITS:

Guaranteed rent paid on time every time regardless of whether the house is tenanted
Annual independent rent reviews
At the end of each tenancy period, the property is cleaned and often refreshed

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. In accordance with DHA regulations, we advise that this property will only be available for private inspections to pre-qualified buyers. Information provided above has been obtained from various sources from which we believe to be accurate, however, Explore Property Townsville accepts no liability for any errors or omissions, including but not limited to a Floorplan, 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 4 Resolution St, Rasmussen, QLD 4815

A timeline of how this property has performed in the market
Last Sold
$355,000
07 Feb 2023
  • 07 Feb 2023
    Sold for $355,000
  • 17 Jan 2023
    Listed for Sale $390,000
  • 25 Oct 2016
    Sold for $410,000

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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 2,119 properties. Over the last 5 years, Houses in Rasmussen have seen a 116.96% increase in median value, while Units have seen a 168.75% increase. As at 31 October 2024:

  • The median value for Houses in Rasmussen is $449,717 while the median value for Units is $376,306.
  • Houses have a median rent of $460 while Units have a median rent of $330.
There are currently 6 properties listed for sale, and 3 properties listed for rent in Rasmussen on OnTheHouse. According to CoreLogic's data, 204 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.