OFF MARKET

8 Diversity Street
Rasmussen QLD 4815

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 157m2
Land area: 581m2
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Property Details for 8 Diversity St, Rasmussen

8 Diversity St, Rasmussen is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2014. The property has a land size of 581m2 and floor size of 157m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Year Built
2014
Floor Size
157m2
Land Size
581m2
Local Government
Townsville City
Lot/Plan
75/SP262874

Last Listing description (September 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 2027 with a 3 yr option which could take it through until 2030! The current rent is $450pw which equates to an impressive 5.85% yield.

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 property experts reporting Townsville is on the way back from its previous downturn, now is the perfect time to consider investing in to the region.

LEASE FEATURES
* Lease edition Edition 6B
* Lease start date 13/02/2015
* Lease end date 12/02/2027
* 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

* CURRENT RENT for 2023 : $450pw and assessed again each December.

FEATURES:
* 4 bedrooms inc Master bedroom with air-conditioning, walk-in robe and en suite
* Two large living areas
* 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 storage 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
* 581SQM of land
* Built approx 2015

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

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 8 Diversity St, Rasmussen, QLD 4815

A timeline of how this property has performed in the market
Last Sold
$400,000
26 May 2023
Listed for Rent
$350/w
26 Mar 2015
  • 26 May 2023
    Sold for $400,000
  • 06 Apr 2023
    Listed for Sale Offers above $399,000
  • 07 Dec 2022
    Listed for Sale $449,000 plus
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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 2,120 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 4 properties listed for rent in Rasmussen on OnTheHouse. According to CoreLogic's data, 203 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.