Mitchelton QLD 4053

Mitchelton QLD 4053

For Sale

4 beds

2 baths

2 parking

Calling All Astute Investors - Set and Forget with a DHA Lease!

Investor's Dream - This low-set family home offers an exceptional investment opportunity in the highly sought-after suburb of Mitchelton. Leased through Defence Housing Australia (DHA) until November 2025, the property guarantees a solid rental income of $869.50 per week, with annual rent reviews to ensure market alignment. Tucked away on a serene, leafy street just 9.9km from Brisbane's CBD, this home combines peaceful suburban living with easy access to the city.

The property boasts four generously sized bedrooms and open plan living opening out to your alfresco entertaining space, all situated on a low maintenance 323sqm. It's surrounded by other quality homes in a welcoming community. The location is superb, with Mitchelton State High School, Mitchelton Primary, and other esteemed schools close by. Public transport options are convenient, with a bus stop within walking distance and Mitchelton Train Station just a short drive away, providing direct routes to the CBD. You'll also be within walking distance of the popular Blackwood Street Café & Restaurant Precinct and Brookside Shopping Centre, offering an array of dining and shopping options.

With Brisbane's property market experiencing rapid growth and predictions for continued appreciation, now is the ideal time to secure a reliable investment in Queensland. The DHA lease ensures continuous rental income, providing a worry-free investment experience, even during periods of vacancy. This property is perfect for investors nationwide, those looking to grow their superannuation funds, or individuals starting their property portfolio who want a safe, secure entry into the market.

Property Highlights:
- 4 spacious bedrooms, each with built-in wardrobes.
- Master bedroom featuring an ensuite and walk-in robe.
- Modern kitchen with contemporary appliances.
- Main bathroom equipped with a separate shower and bath.
- Open-plan living, dining, and kitchen area.
- Air conditioning in the living and master and ceiling fans throughout.
- Single lock-up garage with remote control access and internal entry with additional off-street park.
- Covered outdoor entertainment area
- 323sqm block
- Approximately 9.9km from Brisbane's CBD
- Body Corporate Fees: $380 per quarter (approx.)

DHA Lease Advantages:
- Guaranteed, timely rent payments, regardless of tenancy status
- Annual rent assessments by an independent reviewer
- DHA covers most non-structural maintenance costs
- Full lease-end restoration (subject to DHA Lease Agreement)
- No re-letting fees
- Opportunities like this are rare, so get in touch to arrange a private inspection!

DHA Investment: This property is for sale on behalf of a DHA lessor, with an active DHA Lease Agreement in place. Visit dha.gov.au for more details on investing in a DHA property. Please note, per DHA regulations, this property is available for private inspections only to pre-qualified buyers.

Mitchelton is conveniently located just 9.9 kilometres from the city centre and provides great transport options as it is well serviced by Mitchelton and Oxford Park train stations and the bus interchange at Brookside Shopping Centre. The home also has a park close by. Extremely well positioned to nearby Brookside Shopping Centre and Blackwood Street dining precinct with markets and plenty of great restaurants. Situated within the Mitchelton State School and Mitchelton State High School catchments and within a short drive to many other reputable schools including Mt. Maria College and Hillbrook Anglican School, this is the ideal opportunity to secure a great investment in a great locale.

For further details please contact Danny Cody on 0404 077 102.

** Disclaimer** This property is being sold without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes. Whilst all reasonable attempts have been made to verify the accuracy of the information provided, the Selling agents confirm that they cannot guarantee accuracy of the same and accept no liability (express or implied)in the event that any information contained in the document or provided within is inaccurate. Parties must ensure they make their own due diligence enquiries to satisfy themselves about the accuracy of the information. This information provided is indicative only and must not be relied upon unless confirmed by a party through their own due diligence.