104 Watheroo StreetSouth Ripley QLD 4306
Property Details for 104 Watheroo St, South Ripley
104 Watheroo St, South Ripley is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2019. The property has a land size of 400m2 and floor size of 161m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Last Listing description (October 2023)
INVESTORS : This beautifully designed home was built in 2019 and is NEAR NEW, making it a perfect and secure investment. Rented to DHA (Defence Housing Australia) right through until 2026 plus an additional 3 year option - which would take it through until 2029!
Investors can still enjoy tax depreciation benefits along with the freedom of guaranteed income, resulting in stress free investing regardless of whether the home is tenanted.
Located in one of SE Queensland's newest and most equipped communities in the Providence Estate, South Ripley. With easy access to the Cunningham & Centenary Highways, Springfield Orion Shopping Centre, Amberley Air Base, 15mins to Ipswich CBD and 40 mins to the Brisbane CBD.
With Queensland still defying the odds and experiencing some of the best capital growth and highest rental yields in the country, now is the perfect time to consider investing in the region.
LEASE DETAILS :
* Lease edition Edition 6
* Lease start date 20/04/2020
* Lease end date 19/04/2026
* 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: The option and right to vary is at DHA?s discretion.
CURRENT RENT for 2023: $600 PW and adjusted annually to market value as assessed by independent valuers.
PROPERTY FEATURES:
* Modern low-set brick home with 4 bedrooms plus separate STUDY.
* Main with large Ensuite, Walk In robe and Air Conditioning
* Modern kitchen with sleek benchtops, fresh cabinetry, beautiful chevron tiled splashback, modern designer lighting and stainless steel appliances.
* Outdoor undercover entertaining area
* Modern tiled living and dining areas and carpeted bedrooms and study
* Security screens to doors and windows
* 400 sqm block
* Built Approx 2019
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
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.
RATES :
Water - approx $TBC quarter (after usage rebate from DHA)
Council - Approx $TBC quarter
** 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 104 Watheroo St, South Ripley, QLD 4306
- 08 May 2023Sold for $700,000
- 03 Apr 2023Listed for Sale Offers Above $699,000
- 21 Sep 2022Listed for Sale Offers Above $699,000
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0About South Ripley 4306
The size of South Ripley is approximately 50.6 square kilometres. It has 1 park. The population of South Ripley in 2011 was 344 people. By 2016 the population was 706 showing a population growth of 105.2% in the area during that time. The predominant age group in South Ripley is 20-29 years. Households in South Ripley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Ripley work in a clerical occupation. In 2011, 69.1% of the homes in South Ripley were owner-occupied compared with 72.5% in 2016.
South Ripley has 2,632 properties. Over the last 5 years, Houses in South Ripley have seen a 75.72% increase in median value. As at 31 October 2024:
- The median value for Houses in South Ripley is $788,319 while the median value for Units is $656,518.
- Houses have a median rent of $580.
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