10 Lockton StreetShaw QLD 4818
Property Details for 10 Lockton St, Shaw
10 Lockton St, Shaw is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2013. The property has a land size of 488m2 and floor size of 142m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
Last Listing description (June 2023)
INVESTORS: Available to a savvy investor is this modern 4 bedroom home leased by DHA (Defence Housing Australia) until 2026 with an additional 3 yr option, which could take it through until 2029! You will receive guaranteed rent (Currently $450pw) resulting in a strong 5.57% yield. A DHA leased property provides an ongoing income stream into the long term, 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.
Located in the Greater Ascot Master planned community in the Townsville suburb of Shaw, this property is in close proximity to amenities including public and private schools, shops and the Willows Golf Course. Greater Ascot offers a welcoming community feel, with community vegetable gardens and other quality homes. Approximately a 13 minute drive to the Townsville Hospital, James Cook University & Lavarack Army base.
With Townsville experiencing some of the highest rental yields and lowest vacancy rates in the country, now is the perfect time to consider investing in the region.
LEASE DETAILS :
* Lease edition Edition 6B
* Lease start date 21/03/2014
* Lease end date 20/03/2026
* 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
* NOTE : All options/extensions are in DHA's favour.
CURRENT RENT for 2023 : $450pw and assessed again each December by professional independent valuers.
PROPERTY FEATURES:
* Large Brick and Tile family home.
* 4 Spacious bedrooms inc master with Walk-In, Aircon and Ensuite.
* Two living areas including a separate lounge at the front of the home.
* Modern kitchen boasts stainless steel cooking appliances, sleek tiles & ample storage and bench space.
* Air-conditioned living areas.
* Tiled family & meals area with double sliding doors opening to the outdoor undercover alfresco dining area.
* Double lock up garage with internal entry to the home
* Fully security screened
* 488 sqm flat block
* Built approx 2013
COMBINED WATER & RATES: approx $1910 paid half-yearly
DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is occupied.
* Annual independent rent reviews.
* Zero re-letting fees for the length of the lease.
* DHA Property Care, an all-inclusive service fee, covers a range of property related services.
* At the end of each tenancy period, the property is professionally cleaned.
* The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement).
* A rental floor may apply to the DHA Lease Agreement (applicable to specific lease editions and applies to commencement rent).
These are just some of the benefits of the DHA lease attached to this property. Enjoy all the benefits of a 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 - your Defence Property Investments specialist. 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 10 Lockton St, Shaw, QLD 4818
- 31 Mar 2023Sold for $420,000
- 19 Jan 2023Listed for Sale Offers Above $415,000
- 11 Feb 2014Sold for $445,000
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0About Shaw 4818
The size of Shaw is approximately 7.7 square kilometres. It has 2 parks covering nearly 0.6% of total area. The population of Shaw in 2011 was 2,225 people. By 2016 the population was 543 showing a population decline of 75.6% in the area during that time. The predominant age group in Shaw is 20-29 years. Households in Shaw are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Shaw work in a community and personal service occupation. In 2011, 90.8% of the homes in Shaw were owner-occupied compared with 47.7% in 2016.
Shaw has 548 properties. Over the last 5 years, Houses in Shaw have seen a 60.27% increase in median value. As at 31 October 2024:
- The median value for Houses in Shaw is $589,501 while the median value for Units is $582,087.
- Houses have a median rent of $530.
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