9/7 Foambark StreetMcdowall QLD 4053
Property Details for 9/7 Foambark St, Mcdowall
9/7 Foambark St, Mcdowall is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2015. The property has a land size of 178m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in April 2023.
Last Listing description (July 2023)
INVESTORS : Built in 2015 this modern townhome offers investors the opportunity to enter the Brisbane market with a assurance of guaranteed rent from DHA (Defence Housing Australia) and a long lease until 2027. Featuring 3 spacious bedrooms + separate study or multi purpose room, over 2 levels with an open plan kitchen which flows through sliding glass doors to the undercover outdoor entertainment area and yard. Located in a quiet complex with access to all the important amenities including McDowall State School, local shops and cafes, and Westfield Chermside within close proximity.
GROSS RENT FOR 2023: $600pw and reviewed annually each December.
DHA LEASE DETAILS :
* Lease end date : 22/06/2027
* 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.
COUNCIL RATES: Approx $430 Per Quarter
WATER RATES: Approx $330 Per Quarter
BODY CORP FEES : Approx $2240 Per annum
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 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 9/7 Foambark St, Mcdowall, QLD 4053
- 29 Apr 2023Sold for $545,000
- 18 May 2022Listed for Sale $539,000 plus
- 23 Jun 2015Sold for $460,000
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About Mcdowall 4053
The size of Mcdowall is approximately 4.2 square kilometres. It has 15 parks covering nearly 25.7% of total area. The population of Mcdowall in 2016 was 7237 people. By 2021 the population was 7612 showing a population growth of 5.2% in the area during that time. The predominant age group in Mcdowall is 40-49 years. Households in Mcdowall are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mcdowall work in a professional occupation.In 2021, 76.80% of the homes in Mcdowall were owner-occupied compared with 78.30% in 2016.
Mcdowall has 3,302 properties.
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