16 Tyrconnell CrescentRedlynch QLD 4870
Property Details for 16 Tyrconnell Cres, Redlynch
16 Tyrconnell Cres, Redlynch is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 2007. The property has a land size of 680m2 and floor size of 182m2. While the property is not currently for sale or for rent, it was last sold in January 2021.
Last Listing description (March 2021)
If you are searching for a no fuss investment, this property located in Redlynch, Cairns will suit you perfectly! It is just around the corner from Redlynch Central Shopping Centre and close to the Redlynch Central Sports Stadium. The train station is just a short drive away. There is a secure DHA (Defence Housing Australia) lease in place with your rent guaranteed until the end of the lease in 2021 with a 3 year option.
Currently rented at $550pw and returning an excellent investor yield sure to satisfy the banks. Modern and spacious, and perfect for investors looking for good long term growth and the security of guaranteed rent from the DHA (Defence Housing Australia) lease.
PROPERTY FEATURES:
* 5 Bedroom inc Main with Ensuite, WIR and Air Con
* 2 Separate living areas inc Family/Rumpus and Living/Dining
* Air conditioning
* DLUG
* Outdoor entertaining area
* 680 sqm block
* Brand new Electric Hot water service recently installed.
LEASE DETAILS :
* Leased until 28/9/2024
* Option available : Used
* Right to vary : 1 x up to 12 months reduction or 1 x up to 12 months extension
* All options/extensions are in DHA's favour.
* Current Gross 2021 rent $550pw and reviewed annually each December.
DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is tenanted
* Annual independent rent reviews
* Most 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 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 - the Defence Properties specialists.
* 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 16 Tyrconnell Cres, Redlynch, QLD 4870
- 19 Jan 2021Sold for $490,000
- 29 Aug 2019Listed for Sale $515,000
- 02 Dec 2014Sold for $478,500
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0About Redlynch 4870
The size of Redlynch is approximately 25.4 square kilometres. It has 23 parks covering nearly 3.6% of total area. The population of Redlynch in 2011 was 8,645 people. By 2016 the population was 9,729 showing a population growth of 12.5% in the area during that time. The predominant age group in Redlynch is 40-49 years. Households in Redlynch are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Redlynch work in a professional occupation. In 2011, 70% of the homes in Redlynch were owner-occupied compared with 71.6% in 2016.
Redlynch has 4,238 properties. Over the last 5 years, Houses in Redlynch have seen a 48.59% increase in median value, while Units have seen a 81.41% increase. As at 31 October 2024:
- The median value for Houses in Redlynch is $737,492 while the median value for Units is $436,347.
- Houses have a median rent of $700 while Units have a median rent of $493.
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