Back 2 Stokes Court
Off Market

2 Stokes Court

Ferny Grove QLD 4055

4
2
2
467 m²
House
Last sold for $1,000,000
Sharon RichterSharon Richter, last sold this property on 07 October 2024 after 12 days on market.

Overview

INVESTOR OPPORTUNITY - LEASED TO DEFENCE HOUSING. CLOSE TO PUBLIC TRANSPORT AND CONVENIENCES.

INVESTORS will love the security of the long term lease in place with DHA (Defence Housing Australia) on this modern four bedroom home. Perfectly situated in the well established suburb of Ferny Grove just 13km from the Brisbane CBD and situated close to Ferny Grove State School, the local child care centre and 5 minutes drive to the Ferny Grove Train Station. DHA LEASE DETAILS * Lease edition Lease Edition 6B * Lease start date 19-09-2013 * Lease end date 18-09-2028 * Lease option USED * 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 2024 : $775PW and reassessed and adjusted through an independent valuer for market rent. 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 to offer buyers a stress free experience. Ideal for those investors located anywhere in the country, purchasing as an individual or through self managed super funds, and perfect for those starting their property portfolio and looking for a safe and secure option. At lease end the home is repainted inside and out as part of the lease end 'make good' and at DHA's expense before being handed back for you to move in, rent out privately or sell OR you can also choose to discuss DHA's requirements for the home 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. FEATURES : * 4 bedrooms, inc master with WIR, AC & Ensuite. * Open plan family, dining and kitchen with sliding glass doors to an outdoor undercover area. Separate lounge. * Ceiling fans throughout with Aircon to master, main living and kitchen/dining * Security grills to windows and doors * Double lock up garage with remote control entry and internal access to the home and rear yard * 467SQM block with fully fenced rear yard. * 13km to Brisbane CBD * Built approx 2012 DHA LEASE BENEFITS: * Guaranteed rent paid on time every time regardless of whether the house is tenanted * Annual independent rent reviews * Most nonstructural 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. ** 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 coordinated 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 Floorplan, 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.

Features

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

Estimated Value

Based on this property and similar 4 bedroom houses sold in Ferny Grove over the last 12 months, the estimated median property value of 2 Stokes Court is $1.35m.

Median value
$1.35m
Estimated value range
$1.12m - $1.63m
Median days on market
14
Estimated value trend
21%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Ferny Grove. 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 Stokes Court

2024
Sold
$1,000,000
07 Oct 2024 by Sharon Richter, of Hudson Property Agents

Happy sellers in Ferny Grove

85%
85% of sellers in Ferny Grove reported that their sale price either exceeded or met their price expectations.

Ferny Grove stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 21 reviews in Ferny Grove over the last 12 months.

Local market activity for 4 bedroom houses in Ferny Grove

In the last 12 months, 24 four-bedroom houses similar to 2 Stokes Court, have been sold.

This represents a 19% increase in four-bedroom houses sales when compared to the previous 12 months.

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