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Back 40 Woodbine Drive
Off Market

40 Woodbine Drive

Annandale QLD 4814

4
2
2
804 m²
House
Last sold for $540,000
Brad ReadBrad Read, last sold this property on 20 March 2024 after -7 days on market.

Overview

INVESTOR WANTED! DHA LEASE IN PLACE.

Townsville is experiencing high rental yields, experts are reporting Townsville is still offering good capital growth options. DHA (Defence Housing Australia) Lease. Offers guaranteed Rental Income. Comprehensive property care/maintenance package. Annual independent rental valuations and adjustments (designed for stress free investment). Investor can be located anywhere in the country. Looking for a secure property portfolio. Selling to another Investor at any time during the lease. Having a current DHA (Defence Housing Australia) lease in place with rent guaranteed until the end of the lease locked in until September 2026 , with the option to extend. Once the lease ends the home will be re-carpeted and re-painted inside & out before being handed back. *You can then do as you like - Move in! rent privately! *Also discuss with DHA their requirements for a longer term lease basis with the potential of a new lease. LEASE DETAILS: *DHA lease version 8 *Lease start date 14/9/23 *Lease end date 13/9/2026 *Lease option 3years CURRENT GROSS RENT for 2024: $ 560 per week adjusted December each year in December according to an independent professional valuation using comparable rental information. PROPERTY DESCRIPTION: Built: 1999 Approx. built for DHA Spacious family size home & yard. Allotment 804m2. • FRONT PORCH ENTRY into Entry Foyer. • 4 BEDROOMS - (Main 3.9 x 3.3 with Ensuite, Built-in Wardrobe, Air-Con & Fan). (Bedrooms 2,3,4 sizeable & carpeted, air-conditioned & with fans - bedrooms 2 & 3 with built-in robes & 4th nursery room or study). • BATHROOMS X 2 (Ensuite to main (shower vanity & toilet) + (Family Bathroom shower cubicle, bath & vanity toilet adjoining). • KITCHEN - 5.4 x 2.8 *Galley Style (great storage - large walk-in pantry & long counter top and cabinetry storage). • LIVING /DINING ROOM 6.9 x 4.6. • FAMILY ROOM + MEALS AREA OR MUSIC ROOM 7.5 x 3.6. • OUTDOOR BBQ / ENTERTAINMENT PATIO - (double glass door opens into the family room). • GARAGE (vehicle space x 2 with auto opening). • SECURITY SCREENS & DOORS throughout. • BACK YARD (has double gate entry) great for parking of boats/caravans). • GARDEN SHED. • LAUNDRY (opens out to outdoor drying area). A lovely street address in a popular sort after suburb of Townsville, walking distance to schools & sporting facilities, bikeways and parks throughout the district. Convenient access to the following: ANNANDALE SHOPPING CENTER, FAIRFIELD SHOPPING PRECINCT, CHILD CARE FACILITIES, 5 X SCHOOLS (Primary & Secondary). MURRAY SPORTING FACILITIES. Quick easy access to the City Heart, Lavarack Army Barracks, Townsville University Hospital, University. PRIVATE VIEWINGS ONLY AVAILABLE ON THURSDAYS: CONTACT AGENTS BRAD READ OR LESLEY ROWAN TOWNSVILLE RIVERSIDE PROPERTY. Phone 0401274555 (B) or 0400516143 (L). to arrange your viewing. *Investing with DHA - A DHA Lessor is looking to sell this property with a DHA Lease Agreement in place. * Benefits of investing in a DHA property for details, visit dha.gov. Example. • Re-letting fees ZERO. • Guaranteed rent paid on time every time regardless of whether the house is tenanted. • Annual independent rent reviews. • Most non-structural maintenance paid for by DHA • The Lessor may also be intitled to a lease-end make-good (refer to the DHA Lease Agreement).

Features

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

Estimated Value

Based on this property and similar 4 bedroom houses sold in Annandale over the last 12 months, the estimated median property value of 40 Woodbine Drive is $802k.

Median value
$802k
Estimated value range
$627.5k - $2.2m
Median days on market
28
Estimated value trend
11%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Annandale. 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 40 Woodbine Drive

2024
Sold
$540,000
20 Mar 2024 by Brad Read, of Townsville Riverside Property
2021
Sold
Undisclosed
13 Jun 2021 by Girish Menon

Happy sellers in Annandale

90%
90% of sellers in Annandale reported that their sale price either exceeded or met their price expectations.

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

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

Local market activity for 4 bedroom houses in Annandale

In the last 12 months, 76 four-bedroom houses similar to 40 Woodbine Drive, have been sold.

This represents a 18% increase in four-bedroom houses sales when compared to the previous 12 months.

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Steve Leaumont

Steve Leaumont is a recommended agent for Annandale.  They have 2 local sales and collected 2 local reviews across the last 12 months.

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