OFF MARKET

1501/1 Ian Keilar Drive
Springfield Central QLD 4300

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 62m2
Land area: 75m2
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Property Details for 1501/1 Ian Keilar Dr, Springfield Central

1501/1 Ian Keilar Dr, Springfield Central is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 75m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
2017
Floor Size
62m2
Land Size
75m2
Local Government
Ipswich
Lot/Plan
1501/SP275451

Last Listing description (September 2023)

This neat unit was built in 2016 and is leased by Defence Housing Australia (DHA). Now is your opportunity to buy a set-and-forget investment and have guaranteed rent every day potentially until April 2031.

While independently purchased properties are vulnerable to fluctuating demand for rental properties, there is no vacancy risk with your DHA property. Even if the property is without a tenant for a period of time, DHA will still pay the rent while it's vacant.

With a DHA property, not only is your rental income guaranteed*, you're also free from most of the responsibility of repairs and maintenance. DHA organises and covers the cost of most non-structural repairs and maintenance and will regularly service heating, air-conditioning and hot water systems; ensure general upkeep of grounds and gardens; and replace fixed appliances-like a stovetop-as required.

DHA has independent valuers review rent amounts every year, with adjustments made to market value, but never falling below the commencing rent for the term of the lease. At the end of the lease, DHA typically organises professional cleaning to ensure the property is returned in good working order, with the carpets cleaned, internal and external painting, and appliances in good working condition, subject to the terms and conditions of lease. This means that at the end of the lease you can decide to move in, rent privately or sell as you wish.

Location is paramount, and this unit is centrally located in the heart of the rapidly developing award winning master planned city of Greater Springfield and within a 500 meter radius to all amenities one could need. Providing easy access to Mater Private Hospital, University of Southern Queensland, GE commercial towers, Orion shopping centre, Orion Lagoon, Polaris Data centre, Springfield Central's major Rail Station and offering uninterrupted views of the stunning 24 hectare award winning Robelle Domain parklands and swimming lagoon. Within catchment of Springfield Central State High School and Spring Mountain State Schools. A number of Independent Schools are located within 3 kilometres.

PROPERTY FEATURES
2 Bedrooms, 1 Bathroom, 1 car
Light and bright interior
Low maintenance
Air conditioning in living and master
Ceiling fans & security screens
Large, decked community BBQ area
Individually metered natural gas and water and NBN internet connection.
Internal Laundry
Onsite Manager
75m2

LEASE DETAILS
Lease start date: 9/4/2019
Lease end date: 8/4/2028
Current rental per week: $470.00
Lease option: 3 years (36 months)
Rent is paid for 52 weeks a year and is reviewed in December every year by a registered valuer
Restoration obligations by DHA at conclusion of lease

In accordance with DHA regulations, we advise that this property will be available for private inspection only and to pre-qualified buyers only. Photos are supplied under agreement by DHA and are for illustration purposes only.

For more information, please contact your DHA sales specialist - R&W Ascot.

Property History for 1501/1 Ian Keilar Dr, Springfield Central, QLD 4300

A timeline of how this property has performed in the market
Last Sold
$415,000
15 Aug 2023
  • 15 Aug 2023
    Sold for $415,000
  • 31 Jan 2023
    Listed for Sale Offers Over $415,000
  • 22 Mar 2019
    Sold for $365,000
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About Springfield Central 4300

The size of Springfield Central is approximately 4 square kilometres. It has 6 parks covering nearly 8.1% of total area. The population of Springfield Central in 2011 was 105 people. By 2016 the population was 110 showing a population growth of 4.8% in the area during that time. The predominant age group in Springfield Central is 20-29 years. Households in Springfield Central are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Springfield Central work in a community and personal service occupation. In 2006, 61.5% of the homes in Springfield Central were owner-occupied compared with 50% in 2011..

Springfield Central has 344 properties. Over the last 5 years, Houses in Springfield Central have seen a 29.40% increase in median value, while Units have seen a 61.84% increase. As at 31 August 2024:

  • The median value for Houses in Springfield Central is $905,683 while the median value for Units is $532,795.
  • Units have a median rent of $450.
There are currently 4 properties listed for sale, and no properties listed for rent in Springfield central on OnTheHouse. According to CoreLogic's data, 13 properties were sold in the past 12 months in Springfield central.

Suburb Insights for Springfield Central 4300

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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.