Theodore StreetStafford QLD 4053
Property Details for 6/20 Theodore St, Stafford
6/20 Theodore St, Stafford is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 102m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
Last Listing description (March 2024)
INVESTORS: We are proud to present investors this perfectly located, sizeable and well laid out STAFFORD apartment just 7 km from the Brisbane CBD and minutes away from Stafford City Shopping Centre with great access to public transport, schools, entertainment and sports facilities.. Currently under lease to DHA (Defence Housing Australia) until 2024 with a three year option that would take it through until 2027. Currently rented at $450 per week and assessed annually with an independent & professional valuation to obtain true market rent through using comparable properties rented, before being adjusted accordingly on the 1st of January every year.
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 apartment is handed back to you after an extensive make good including new paint and carpet at DHA's expense. You can then move in, rent out privately or sell OR you can also choose to discuss DHA's requirements for the property on a longer term basis with the potential to lock in a new lease. You're also free to onsell to another investor at any time during the lease.
LEASE DETAILS :?
* Lease start date: 14/06/2018
* Lease end date: 13/06/2024
* Lease option: plus 1 x 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 DHA?s discretion.
CURRENT RENT FOR 2023 : $450PW and adjusted each December according to an independent professional valuation
PROPERTY FEATURES:
* Large 2 bedroom apartment with huge deck/balcony areas of Living & Bedrooms.
* Master suite with Built-In robe, Air-conditioning and Ensuite as well as Large private balcony
* Large second bedroom with Built in robe, private balcony and easy access to main bathroom
* Modern kitchen boasts stainless steel cooking appliances & ample storage and bench space.
* Air conditioned living area.
* Laundry with built in Clothes dryer
* Ceiling fans & Security screens throughout
* Secure car space
* Built approx 2016
RATES & WATER : TBC
BODY CORPORATE FEES :
DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is occupied.
* Annual independent rent reviews.
* Zero re-letting fees for the length of the lease.
* DHA Property Care, an all-inclusive service fee, covers a range of property related services.
* At the end of each tenancy period/between tenants, the property is professionally cleaned.
** 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 can?t 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 Floorpan, 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.
Property History for 6/20 Theodore St, Stafford, QLD 4053
- 02 Aug 2023Sold for $475,000
- 14 Jul 2023Listed for Sale Contact Agent
- 03 May 2018Sold for $425,000
Recent sales nearby
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About Stafford 4053
The size of Stafford is approximately 3.4 square kilometres. It has 12 parks covering nearly 20.7% of total area. The population of Stafford in 2016 was 6561 people. By 2021 the population was 6978 showing a population growth of 6.4% in the area during that time. The predominant age group in Stafford is 30-39 years. Households in Stafford are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Stafford work in a professional occupation.In 2021, 49.10% of the homes in Stafford were owner-occupied compared with 47.80% in 2016.
Stafford has 3,636 properties. Over the last 5 years, Houses in Stafford have seen a 103.16% increase in median value, while Units have seen a 119.85% increase. As at 31 January 2026:
- The median value for Houses in Stafford is $1,391,410 while the median value for Units is $791,271.
- Houses have a median rent of $675 while Units have a median rent of $625.
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