Back 12 Canthium Court
Off Market

12 Canthium Court

Mount Louisa QLD 4814

4
2
2
797 m²
House
Last sold for $445,000
Lukas Syer-SailorLukas Syer-Sailor, last sold this property on 03 May 2023 after 29 days on market.

Overview

SOLD By Lukas Syer-Sailor

If you are seeking the perfect investment opportunity, then this is the one for you! With a secure DHA (Defence Housing Australia) lease in place, you have guaranteed returns until the end of the lease in January 2027. Currently rented at $530 per week and returning a solid gross yield of 6.1%, this is an outstanding opportunity to boost your property portfolio. Nestled at the base of Mount Louisa in the Greenview Estate sits this expansive, four-bedroom family home resting comfortably on a low maintenance 797sqm allotment, this home and its location have so much to offer. Within very close proximity to major shopping centres, entertainment precincts and a variety of both public and private schooling options. The estate features plenty of space for outdoor activities for residents to enjoy from walking and cycling tracks to open parklands for the kids. With Townsville experiencing some of the highest rental yields in the country, vacancy rates continuing to come down and property experts reporting Townsville is on the way back from its previous downturn, now is the perfect time to consider investing in the region. THE PROPERTY: • Built in approximately 2006 • Modern fixtures and fittings throughout • Four large bedrooms with built-in wardrobes • Primary bedroom with ensuite and walk-in-robe • Separate living room plus optional home office/theatre room • Stainless-steel appliances • Double lock up garage • Split-system air-conditioning throughout • Separate WC • Security screens • Internal laundry • Large outdoor entertaining area/patio • Garden shed • Double side access • 797sqm corner block LEASE DETAILS: • Weekly return $530 per week • Lease start date 13/1/2021 • Lease end date 12/1/2027 DHA LEASE BENEFITS: • Guaranteed rent paid on time every time regardless of whether the house is tenanted • Annual independent rent reviews • At the end of each tenancy period, the property is cleaned and often refreshed 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. In accordance with DHA regulations, we advise that this property will only be available for private inspections to pre-qualified buyers. Information provided above has been obtained from various sources from which we believe to be accurate, however, Explore Property Townsville accepts 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.

Features

4 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
797 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Mount Louisa over the last 12 months, the estimated median property value of 12 Canthium Court is $746k.

Median value
$746k
Estimated value range
$590k - $1.3m
Median days on market
22
Estimated value trend
12%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mount Louisa. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 12 Canthium Court

2023
Sold
$445,000
03 May 2023 by Lukas Syer-Sailor, of Ray White Townsville

Happy sellers in Mount Louisa

86%
86% of sellers in Mount Louisa reported that their sale price either exceeded or met their price expectations.

Mount Louisa stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 25 reviews in Mount Louisa over the last 12 months.

Local market activity for 4 bedroom houses in Mount Louisa

In the last 12 months, 78 four-bedroom houses similar to 12 Canthium Court, have been sold.

This represents a 39% increase in four-bedroom houses sales when compared to the previous 12 months.

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