Back 2/606 South Pine Road
Off Market

2/606 South Pine Road

Everton Park QLD 4053

2
2
1
145 m²
Unit
Last sold for $510,000
Cameron CampbellCameron Campbell, last sold this property on 01 October 2024 after 21 days on market.

Overview

Perfect DHA Investment Opportunity

Situated in the highly sought-after community of Everton Park, this conveniently located apartment offers the perfect blend of modern style and functionality. This property is currently leased to Defence Housing Australia (DHA) and for sale on behalf of a DHA lessor. This well maintained 2-bedroom apartment boasts an open-plan living area, modern kitchen, and covered outdoor entertainment area. The spacious bedrooms feature built-in robes, with the main bedroom including an ensuite. Other features include air conditioning, ceiling fans, and a single car space located in a secure under cover car park. This property is ideally situated near shops, schools, and public transport, making it the perfect investment opportunity. * Built in 2018 and boasting 145sqm under roof * Spacious open plan design with a modern approach to style with natural light * Offering living and sitting spaces indoor and outdoor * Two spacious bedrooms * Two modern bathrooms * Single car space in under covered parking * Air conditioning and ceiling fans throughout * Conveniently located near parks, schools, shopping centres and transportation * Positioned in the Southern Corridor of Everton Park - a well-planned and fast growing community * Great access to community amenities, recreational & healthcare facilities * Located 12km From Brisbane CBD DHA Lease Summary: * Current rental per week: $436.48 per week (After management fees and adjusted each December according to an independent professional valuation) * Lease start date: 20/08/2018 * Lease end date: 27/09/2027 WHY DHA Investing in a DHA (Defence Housing Australia) investment home is an ideal option for those seeking a secure and hassle-free investment. DHA offers a long-term lease of up to 12 years, with guaranteed rental payments for the duration of the lease, ensuring a steady and reliable cash flow for investors. DHA properties are located in high-demand rental areas, particularly in proximity to ADF bases, guaranteeing a constant pool of potential tenants. Moreover, DHA takes care of all maintenance and repairs for the property during the lease term, reducing the management burden for investors. DHA properties are built to a high standard and maintained to a high standard, which can result in higher resale value compared to non-DHA properties. With DHA's attractive incentives, such as a lease-end restoration guarantee and the ability to transfer the lease to a new owner, investing in a DHA property is a smart investment strategy for those looking for a secure and stable long-term investment. DHA Lease Benefits: * Guaranteed rent is paid 52 weeks a year (DHA guarantee to pay the rent even if the property is vacant). * Rent is paid a month in advance * Rent is reviewed in December every year by a registered valuer * DHA Property Care, an all-inclusive service fee, covers a range of property related services. * The property is cleaned at the end of each tenancy period. * The lessor may also be entitled to a lease-end restoration guarantee (refer to the DHA Lease Agreement) Visit www.dha.gov.au to learn more about the benefits of investing in a DHA property. In accordance with DHA regulations we advise that this property will be available for private inspection only and to pre-qualified buyers only. Photos are supplied under agreement by DHA and are for illustration purposes only. Disclaimer: This property is being 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. Important: All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
145 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Everton Park over the last 12 months, the estimated median property value of 2/606 South Pine Road is $741.5k.

Median value
$741.5k
Estimated value range
$535k - $940k
Median days on market
11
Estimated value trend
15%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Everton Park. 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 2/606 South Pine Road

2024
Sold
$510,000
01 Oct 2024 by Cameron Campbell, of Ray White One Group | Springfield

Happy sellers in Everton Park

93%
93% of sellers in Everton Park reported that their sale price either exceeded or met their price expectations.

Everton Park stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 48 reviews in Everton Park over the last 12 months.

Local market activity for 2 bedroom units in Everton Park

In the last 12 months, 28 two-bedroom units similar to 2/606 South Pine Road, have been sold.

This represents a 13% increase in two-bedroom units sales when compared to the previous 12 months.

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