74/6 Babarra StreetStafford QLD 4053
Property Details for 74/6 Babarra St, Stafford
74/6 Babarra St, Stafford is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 122m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Last Listing description (August 2023)
INVESTOR OPPORTUNITY : This Modern and secure ground level apartment is leased to DHA (Defence Housing Australia) until March 2025 and offers investors security and peace of mind, with guaranteed income regardless of whether the property becomes vacant at any time throughout the tenancy. With a great sized open plan kitchen, living and dining, two good sized bedrooms plus a large courtyard in this prime Stafford location.
Only 8km to the CBD, with a bus-stop at the doorstep, less than 2 km drive to tunnels, and an easy walk to Shops, Cafe's, Restaurants, Stafford City Shopping Centre and the Kedron Brook bike-way; this really is an unbeatable unit in an unbeatable location at an unbeatable price. Buyers can enjoy the guarantee of rental income now and move in at the end of the DHA lease if they wish.
PROPERTY FEATURES:
* Seperate main bathroom
* Secure Lock up allocated Car park
* Good size courtyard
* Ground level
* Well appointed Kitchen with modern SS appliances
* Open Floor plan
* Double glazing and crimsafe screens
Complex Features Inclusions:
* Large swimming pool & communal BBQ area
* Lift to all floors and secure basement car park
* CCTV cameras
* Built In 2012
LEASE DETAILS :
* Lease edition : 6B
* Lease start date: 22/3/2013
* Lease end date: 21/3/2025
* Lease option : Used
* Right to vary: 1 x up to 12 months Reduction and 1 x up to 12 months Extension
* All options/extensions are in DHA's favour.
* CURRENT RENT 2023 : $450pw and reviewed annually each December
Body corporate fee approx $99pw
Water Rates approx $250 per quarter
Council Rates approx $450 per quarter
DHA LEASE BENEFITS:
* DHA guarantee to pay the rent even if the property is vacant.
* Annual independent rent reviews
* 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).
* 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 in DHA leased homes - 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 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 74/6 Babarra St, Stafford, QLD 4053
- 17 May 2023Sold for $424,000
- 01 Aug 2022Listed for Sale Contact Agent
- 26 Feb 2013Sold for $410,000
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0About Stafford 4053
The size of Stafford is approximately 3.4 square kilometres. It has 12 parks covering nearly 20.7% of total area. The population of Stafford in 2011 was 6,041 people. By 2016 the population was 6,544 showing a population growth of 8.3% in the area during that time. The predominant age group in Stafford is 20-29 years. Households in Stafford are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Stafford work in a professional occupation. In 2011, 53.2% of the homes in Stafford were owner-occupied compared with 47.8% in 2016.
Stafford has 3,618 properties. Over the last 5 years, Houses in Stafford have seen a 81.50% increase in median value, while Units have seen a 71.94% increase. As at 31 October 2024:
- The median value for Houses in Stafford is $1,132,565 while the median value for Units is $642,606.
- Houses have a median rent of $650 while Units have a median rent of $565.
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