Back 24 Chrysler Parade
Off Market

24 Chrysler Parade

North Lakes QLD 4509

3
2
2
313 m²
House
Last sold for $640,000
Sharon RichterSharon Richter, last sold this property on 25 May 2023 after 375 days on market.

Overview

DHA LEASED UNTIL 2026 LOCATED IN BRISBANE'S NORTHERN SUBURBS

INVESTORS : This beautiful home is a blue-chip investment with a lease to DHA (Defence Housing Australia) until 2026. Located in rapidly growing North Lakes & surrounded by modern built family homes. Situated close to everything you could need including popular schools, shops, and public transport. Featuring a modern layout with tiled living area and generously sized, carpeted bedrooms. You will receive guaranteed rent from the perfect tenant (DHA) that will provide an ongoing income stream into the long term. Whilst independently leased properties are vulnerable to fluctuating demand for rental, there is no risk of vacancy costs with your DHA property. Even if the property is without a tenant for a period of time, DHA will still pay the rent while it's vacant. LEASE DETAILS : * Lease edition Lease Edition 6B * Lease start date 18/05/2011 * Lease end date 17/05/2026 * 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 2023 : $520 pw and adjusted each December according to an independent professional valuation. FEATURES : * 3 bedrooms, inc master with BIR, AC & Ensuite. * Main bathroom with shower and separate bath. * Open plan lounge, dining and kitchen with sliding glass doors to an outdoor alfresco area. * 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. * Built in approx 2010/2011 * 313sqm Block * 32km to Brisbane CBD. RATES: Council $563 quarterly Water $250 quarterly after DHA rebate the usage. 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. ABOUT NORTH LAKES REGION Brisbane’s Northern Growth Corridor is home to a large and rapidly-growing resident population of about 390,000 in Brisbane’s neighbouring Moreton Bay Region, which is expected to grow to about 622,000 by 2031. This population growth will impact significantly on demand pushing property prices well above current median values. The area is serviced well by the bustling The North Lakes Town centre with numerous cafés and restaurants and also includes and IKEA, Westfield Shopping Centre, Costo and Bunnings. There are numerous excellent surrounding schools, parks, top quality medical precincts. Brisbane city is approx 32 km and Caloundra is 60km North. If you'd like to know more about this property or would like to submit an offer please contact Sharon or Viv by clicking on the contact Agent button or calling anytime. We'd love to discuss your property needs. Hudson Property - "Property done properly". Brisbane’s Northern Growth Corridor is home to a large and rapidly-growing resident population of about 390,000 in Brisbane’s neighbouring Moreton Bay Region, which is expected to grow to about 622,000 by 2031. This population growth will impact significantly on demand pushing property prices well above current median values. * 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 - the Defence Properties specialists. ** Investing in DHA leased homes - 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 - the Defence properties specialist. 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, Hudson Property Agents accept no liability for any errors or omissions, including but not limited to a Floorpan, 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

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
313 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in North Lakes over the last 12 months, the estimated median property value of 24 Chrysler Parade is $910k.

Median value
$910k
Estimated value range
$707k - $1.32m
Median days on market
21
Estimated value trend
19%
increase over the last 12 months
Average days on market is based on recent, comparable sales in North Lakes. 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 24 Chrysler Parade

2023
Sold
$640,000
25 May 2023 by Sharon Richter, of Hudson Property Agents

Happy sellers in North Lakes

92%
92% of sellers in North Lakes reported that their sale price either exceeded or met their price expectations.

North Lakes stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 49 reviews in North Lakes over the last 12 months.

Local market activity for 3 bedroom houses in North Lakes

In the last 12 months, 93 three-bedroom houses similar to 24 Chrysler Parade, have been sold.

This represents a 8% decrease in three-bedroom houses sales when compared to the previous 12 months.

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