OFF MARKET

203/330 Sturt Street
Townsville City QLD 4810

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 18 Nov 2024
Low

High
Save

Property Details for 203/330 Sturt St, Townsville City

203/330 Sturt St, Townsville City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces.

Building Type
Unit
Local Government
Townsville City

Last Listing description (November 2023)

With a very impressive 6.91% gross rental yield now is the time to invest before you miss the boat! This property presents the perfect option for those looking to start their property portfolio by offering investors the opportunity to choose to enter the market with an assurance of guaranteed rent from DHA (Defence Housing Australia) until 2030 plus 1 x 3 yr option that could take it through until 2033 OR alternatively, you can choose to take the property back after a thorough make good including new carpet and paint, in November 2023, as it becomes empty and you're able to move in yourself or rent out privately.

A DHA (Defence Housing Australia) lease offers the new owners amazing inclusions such as GUARANTEED RENTAL INCOME, A COMPREHENSIVE PROPERTY CARE/MAINTENANCE PACKAGE, & ANNUAL INDEPENDENT PROFESSIONAL RENTAL VALUATIONS AND ADJUSTMENTS, all of which are designed for stress free investing.

The property is located within 2km of the Strand and close to various schools, shops, banks and entertainment.

LEASE DETAILS :
* CURRENT Lease edition 6 end date: 05/01/2024
* NEW Lease end date 7: 06/01/2024 - 05/01/2030**
* Lease option: plus 1 x up to 3 year option
* 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 DHAs discretion.

RENT: Current Gross rent for 2023 is $490pw and assessed annually each December by an independent valuer.

PROPERTY FEATURES
This fully air-conditioned modern property features two bedrooms, both with built-in robes and carpet flooring. Cooling is further enhanced with tiled flooring throughout the living areas. The kitchen features stainless steel appliances including a dishwasher and stone bench tops. The laundry is complete with a clothes dryer. There is also a single undercover secure carpark.

COMPLEX FEATURES
* 2 swimming pools
* BBQ facilities
* Gym
* Security including CCTV
* Onsite Management

RATES :
Council & Water combined - approx $1635 half-yearly
Body corp fees - approx $8000 pa.

DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the property is tenanted.
* Annual independent rent reviews
* Most maintenance paid for by DHA
* The lessor may also be entitled to a lease-end make-good including new paint and carpet(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. 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 Floorplan, build date, land size, floor plans and size, and 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 203/330 Sturt St, Townsville City, QLD 4810

A timeline of how this property has performed in the market
  • 11 Aug 2023
    Listed for Sale $369,000 Plus

Commute Calculator

About Townsville City 4810

The size of Townsville City is approximately 2 square kilometres. It has 9 parks covering nearly 5.1% of total area. The population of Townsville City in 2011 was 2,500 people. By 2016 the population was 2,874 showing a population growth of 15.0% in the area during that time. The predominant age group in Townsville City is 20-29 years. Households in Townsville City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Townsville City work in a professional occupation. In 2011, 40.8% of the homes in Townsville City were owner-occupied compared with 37.1% in 2016.

Townsville City has 2,471 properties. Over the last 5 years, Houses in Townsville City have seen a 23.71% increase in median value, while Units have seen a 37.74% increase. As at 31 October 2024:

  • The median value for Houses in Townsville City is $689,618 while the median value for Units is $495,146.
  • Houses have a median rent of $543 while Units have a median rent of $500.
There are currently 40 properties listed for sale, and 66 properties listed for rent in Townsville city on OnTheHouse. According to CoreLogic's data, 191 properties were sold in the past 12 months in Townsville city.

Suburb Insights for Townsville City 4810

Market Insights
Townsville City Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Townsville City Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.