20 Emerald Pl, Mitchelton is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2000. The property has a land size of 453m2 and floor size of 168m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
INVESTORS This lovely two storey home offers the most secure investment opportunity to the savviest INVESTOR, who is looking for a secure investment in the sought suburb of Mitchelton. Leased by DHA (Defence Housing Australia) until 2024!
The current rent paid $850pw and assessed annually. Located in a quiet leafy street, approximately 8km from Brisbane's CBD. Boasting three generous bedrooms, 2 separate living areas and perched on a comfortable 453sqm block in a lovely pocket, surrounded by other quality homes.
Situated near Mitchelton State High school, Mitchelton Primary and many other sought after schools, and is walking distance to the bus and less than 5 mins drive to Mitchelton Train station, direct to the CBD.
A short walk will see you at the popular Blackwood Street Caf and restaurant precinct in Mitchelton and Brookside Shopping Centre. Surrounded by parklands and close to all amenities.
With the Brisbane property market recording record growth and predictions that this trend is set to continue for some time, now is the time to lock down your investment in the state of Qld.
The DHA (Defence Housing Australia) lease offers the new owners guaranteed rental income, resulting in stress free investing, regardless of whether the home is tenanted. Ideal for investors from anywhere in the country, superannuation funds, and perfect for those starting their property portfolio and looking for a safe and secure option to get started.
LEASE DETAILS:
* Lease start date 05/11/2018
* Lease end date 04/11/2024
CURRENT RENT for 2023: $850pw - reviewed annually
FEATURES:
* 4 bedrooms, all with built-ins
* Master bedroom with Ensuite
* Modern kitchen boasting stainless steel appliances
* Main bathroom with shower and separate bath
* Separate powder room
* Two separate living areas
* Open plan lounge, dining and kitchen
* Airconditioned and ceiling fans throughout
* Security grills to windows and doors
* Double lock up garage with remote control entry and internal access to the home
* Covered outdoor area
* Built approx 2003
* Approx. 8km to Brisbane CBD
RATES:
Council - Approx $619.30 P/Q
Water - Approx $1100pa
DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is tenanted or not
* 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
Properties like these don't last long, so contact us to arrange a suitable time to inspect!
** 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 Alison Euler of Alison Euler Properties. 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, Alison Euler Properties accept no liability for any errors or omissions, including but not limited to a Floorplan, 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.
Disclaimer: This property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
The size of Mitchelton is approximately 4.2 square kilometres. It has 17 parks covering nearly 7.3% of total area. The population of Mitchelton in 2016 was 8559 people. By 2021 the population was 9244 showing a population growth of 8.0% in the area during that time. The predominant age group in Mitchelton is 40-49 years. Households in Mitchelton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mitchelton work in a professional occupation.In 2021, 60.40% of the homes in Mitchelton were owner-occupied compared with 60.70% in 2016.
Mitchelton has 4,024 properties. Over the last 5 years, Houses in Mitchelton have seen a 96.44% increase in median value, while Units have seen a 103.45% increase. As at 31 December 2025:
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