120 River Park Dr, Annandale is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 914m2 and floor size of 187m2. While the property is not currently for sale or for rent, it was last sold in March 1999.
INVESTORS: This property represents a perfect opportunity for a savvy investor. With a current DHA (Defence Housing Australia) lease in place and rent guaranteed until the end of the lease, locked in until January 2027. At lease end the home will be recarpeted and repainted inside and out before being handed back for you to do as you like - move in, rent out privately or sell. You can also choose to discuss DHA's requirements for the home on a longer term basis with the potential for a new lease. You're also free to sell to another investor at any time during the lease.
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. Ideal for investors located anywhere in the country, superannuation funds, and perfect for those starting their property portfolio and looking for a safe and secure option.
LEASE DETAILS :
CURRENT GROSS RENT for 2025: $660pw and adjusted each December according to an independent professional valuation using comparable rentals.
PROPERTY FEATURES :
* 4 bedrooms OR 3 Bedroom plus STUDY
* Master suite includes Ensuite, Air Con and Access to outdoor verandah area
* Generous size kitchen with ample storage and bench space
* Large Outdoor undercover living area overlooking fully fenced rear yard
* Two separate living areas inc air-conditioned family and lounge
* Security Screens on doors and windows
* Ceiling fans in all bedrooms.
* Built approx 1999
* Large 914sqm block with plenty of room for a pool
* Spacious flat rear yard
* Short drive to both Annandale Shopping Centre and Fairfield Shopping Centre
* Short drive to James Cook University Hospital & University and Lavarack Barracks
Suburb Information:
Annandale, located approximately 7km from Townsville's CBD, offers a convenient and family-oriented lifestyle. This well-established suburb boasts a comprehensive range of amenities, including several shopping precincts like Annandale Central and Annandale Village, ensuring all your daily needs are met. Quality schools, numerous parks, and recreational facilities are within easy reach, fostering a strong sense of community. With excellent public transport options and proximity to major arterial roads, commuting to the city, James Cook University, or the Townsville Hospital is seamless. Whether you're seeking a family home or an investment property, Annandale provides a balanced and accessible lifestyle within close proximity to everything Townsville has to offer.
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
** A note for Owner Occupiers -This property is sold with a DHA (Defence Housing Australia) lease in place which offers significant benefits to the investor however cant be occupied by the owner/s until the lease ends **
***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 must be co-ordinated by the agent with the tenants.
Information provided above has been obtained from various sources 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, lease dates, 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.
The size of Annandale is approximately 6.8 square kilometres. It has 13 parks covering nearly 27.9% of total area. The population of Annandale in 2016 was 8574 people. By 2021 the population was 8376 showing a population decline of 2.3% in the area during that time. The predominant age group in Annandale is 10-19 years. Households in Annandale are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Annandale work in a professional occupation.In 2021, 74.80% of the homes in Annandale were owner-occupied compared with 71.40% in 2016.
Annandale has 3,125 properties. Over the last 5 years, Houses in Annandale have seen a 79.89% increase in median value, while Units have seen a 86.35% increase. As at 31 December 2025:
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