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Back 60 Magenta Cres
Off Market

60 Magenta Cres

Mitchelton QLD 4053

4
2
1
464 m²
House
Last sold for $675,000
Ann NugentAnn Nugent, last sold this property on 03 December 2019 after 53 days on market.

Overview

UNDER CONTRACT

This large, two storey home is the perfect investment whilst possibly moving in at a later date. The property is for sale on behalf of a DHA lessor and has a DHA lease in place until 2023*. (Visit dha.gov.au to learn about the benefits of investing in a DHA property). Beautifully presented with low maintenance garden. The formal lounge has a raked ceiling and air conditioning. The family room looks out to the rear yard and has tiled floors and air conditioning. The bedrooms are generous and have good storage space. PROPERTY FEATURES: * Master bedroom has a good sized walk in robe, air conditioning and ensuite * Separate formal lounge/dining area with raked ceiling * Undercover patio area at rear of the home * Neutral tones * Air conditioning, security screens and ceiling fans * Low maintenance yard LEASE DETAILS: Current rental guarantee: $585 per week Lease start date: 05/06/2017 Lease end date: 04/06/2023 Lease option: 1 x up to 36 months Right to vary: 1 x up to 12 months Reduction and 1 x up to 12 months Extension **All options and variations are exercised at DHA's discretion. Rent is reviewed in December every year by a registered valuer (The rent displayed is the 2019 rental figure, please note, DHA has recently performed a rent revaluation on this property. Please enquire with the agent to confirm the 2020 rental figure). DHA LEASE BENEFITS * DHA guarantee to pay the rent even if the property is vacant. * 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 make-good (refer to the DHA Lease Agreement) * A rental floor may apply to the DHA Lease Agreement (applicable to specific lease editions and applies to commencement rent). Mitchelton is a closely held suburb and is very popular with families. This home is walking distance to the State Primary and Secondary Schools and a short drive to Mitchelton train station and Brookside Shopping Centre. Located 10 kilometres from Brisbane CBD with good access to public transport. 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. For more information please contact your DHA sales specialist - R&W Wilston/Windsor.

Features

4 bedrooms
2 bathrooms
1 carspace
464 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Mitchelton over the last 12 months, the estimated median property value of 60 Magenta Cres is $1.5m.

Median value
$1.5m
Estimated value range
$888k - $3.7m
Median days on market
30
Estimated value trend
16%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mitchelton. 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 60 Magenta Cres

2019
Sold
$675,000
03 Dec 2019 by Ann Nugent, of Richardson & Wrench Ascot

Happy sellers in Mitchelton

88%
88% of sellers in Mitchelton reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 14 reviews in Mitchelton over the last 12 months.

Local market activity for 4 bedroom houses in Mitchelton

In the last 12 months, 39 four-bedroom houses similar to 60 Magenta Cres, have been sold.

This represents a 5% decrease in four-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Mitchelton

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Haydn Denovan

Sellers who recommend Haydn Denovan have praised them for being clear communication, local expert, responsive, friendly, supportive, honest and pleasant

  •   4.9   (397 reviews)
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  •  31 Sales in Mitchelton
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Rob Missenden

Sellers who recommend Rob Missenden have praised them for being clear communication, local expert, responsive, friendly, great negotiation, honest and supportive

  •   4.9   (205 reviews)
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  •  10 Sales in Mitchelton
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Jeff Pickering

Sellers who recommend Jeff Pickering have praised them for being clear communication, local expert, friendly, honest, responsive, dedicated and supportive

  •   5   (100 reviews)
  •  3 Reviews in Mitchelton
  •  2 Sales in Mitchelton
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Erin Inzitari

Erin Inzitari is a recommended agent for Mitchelton.  They have collected 2 local reviews across the last 12 months.

  •   5   (14 reviews)
  •  2 Reviews in Mitchelton
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