29/159-163 Riverside Boulevard, Douglas, QLD 4814 sold on 22 July 2025 | OnTheHouse
SOLD
Sold on 22 Jul 2025 for $431,000

29/159-163 Riverside Boulevard
Douglas QLD 4814

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 108m2
Land area: 114m2
Save

Property Details for 29/159-163 Riverside Bvd, Douglas

29/159-163 Riverside Bvd, Douglas is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2006. The property has a land size of 114m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 2 bedroom Townhouse sold in Douglas in the last 12 months.

Building Type
Townhouse
Year Built
2006
Floor Size
108m2
Land Size
114m2
Local Government
Townsville City
Lot/Plan
29/SP181828

Last Listing description (August 2025)

INVESTORS: This property represents a perfect opportunity for a savvy investor. Currently rented at $500 per week and returning a strong investor yield of 6.5%. With a current DHA (Defence Housing Australia) lease in place until Feb 2029. Ideally situated within walking distance of James Cook Uni, Townsville Hospital, and Lavarack Barracks, this property provides convenient access to local transport, a shopping centre, and the popular Riverview Tavern.The complex features a range of resort-style amenities, including a sparkling swimming pool, BBQ Area and secure garage.

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. At lease end the home is repainted at DHA's expense before being handed back for you to 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 onsell to another investor at any time during the lease.

LEASE DETAILS :

* Lease edition 6B
* Lease start date 17-02-2023
* Lease end date 16-02-2029
* 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 GROSS RENT for 2025: $500pw and adjusted annually based on the assessment from independent professional valuer.

PROPERTY FEATURES:
* Two story townhome
* Two spacious bedrooms inc master with well-appointed ensuite, walk in wardrobe, direct access to the balcony and views.
* Open plan living opening to large patio, overlooking bushland and Ross River
* Modern kitchen with ample storage and bench space.
* Upstairs study
* Fully air-conditioned
* Ceiling Fans
* Security Screens
* Secure front entry gate and garage with internal and remote access
* Complex features swimming pool, BBQ Area, resort style gardens
* Built approx 2006

* Council & Water Rates - Combined approx $3,633 per year
* Body Corp fees Approx $150 Per week

ABOUT DOUGLAS :
Douglas, Townsville, offers an attractive lifestyle for those seeking a balance between convenience and a tranquil suburban setting. Located approximately 11 kilometers southwest of the Townsville CBD, this popular suburb is a hub of activity and an excellent choice for families and professionals alike. Residents benefit from its proximity to James Cook University and the Townsville Hospital precinct, making it ideal for those connected to these institutions. The area boasts a well-developed network of public transport, including regular bus services, ensuring easy commutes throughout Townsville. Beyond its practical advantages, Douglas is renowned for its access to the picturesque Ross River, offering an abundance of walking and cycling tracks, parks, and recreational opportunities. The Riverway precinct provides a fantastic community hub with lagoons, art exhibitions, and cultural events. With local amenities like an IGA supermarket, a tavern, and cafes, Douglas combines the peace of a leafy suburb with the accessibility of city living.

DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is tenanted
* Annual independent rent reviews
* Most 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 coordinated 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 due diligence in addition to obtaining legal advice from their appointed solicitor or conveyancer.

Property History for 29/159-163 Riverside Bvd, Douglas, QLD 4814

A timeline of how this property has performed in the market
Last Sold
$431,000
22 Jul 2025
Listed for Rent
$320/w
11 Jan 2017
  • 22 Jul 2025
    Sold for $431,000
  • 06 Jun 2025
    Listed for Sale $399,000 Plus
  • 28 Nov 2016
    Listed for Rent $320 / week
Sign in to see more transactions
Commute Calculator

About Douglas 4814

The size of Douglas is approximately 8.8 square kilometres. It has 24 parks covering nearly 13.2% of total area. The population of Douglas in 2016 was 7744 people. By 2021 the population was 7780 showing a population growth of 0.5% in the area during that time. The predominant age group in Douglas is 20-29 years. Households in Douglas are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Douglas work in a professional occupation.In 2021, 47.10% of the homes in Douglas were owner-occupied compared with 45.30% in 2016.

Douglas has 2,863 properties. Over the last 5 years, Houses in Douglas have seen a 76.54% increase in median value, while Units have seen a 100.75% increase. As at 31 October 2025:

  • The median value for Houses in Douglas is $712,385 while the median value for Units is $427,239.
  • Houses have a median rent of $550 while Units have a median rent of $480.
There are currently 15 properties listed for sale, and 13 properties listed for rent in Douglas on OnTheHouse. According to Cotality's data, 158 properties were sold in the past 12 months in Douglas.

Suburb Insights for Douglas 4814

Market Insights
Douglas 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
Douglas 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
Contact agency
agent headshot
Show contact details
Hudson Property
Preferred contact:
Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.