North, Lakes$982,500
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For Salehouse

North

Lakes, QLD 4509, Australia
$982,500
3 bed 2 bath 2 car400 m²

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About this property

INVESTORS : This terrific property offers astute investors a great opportunity for good capital growth. Owned independently & currently leased to Defence Housing on a long term lease which expires in November 2026 with the opportunity for a new lease of 3yrs plus 3 yr option which could take it through until 2032. Conveniently located a short drive to multiple facilities and retailers making it a very handy location. Just minutes from the local childcare & schools, parks and Westfield, Costco and IKEA and perfect for day trip to Sunshine Coast beaches. 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 rental valuations and adjustments, all of which are designed for stress free investing. Ideal for investors located anywhere in the country, superannuation funds, and perfect for those starting their property portfolio and looking for a safe and secure option. At lease end the home is repainted & recarpeted at DHA's expense before being handed back for you to move in, rent out privately or sell. With Queensland still experiencing excellent positive growth, some of the highest rental yields in the country, and vacancy rates at all time low now is the time to invest in the region. LEASE DETAILS : * Lease edition : 6B * Current Lease expiry : 7/11/2026 * New lease on offer : 8/11/2026 - 7/11/2029 * 1 x 36 month option * All options and right to vary are at DHA's discretion CURRENT RENT for 2026 : $685PW and adjusted each January to realign with current market rent through an independent professional valuation. PROPERTY FEATURES: * 3 Bedrooms * Good size bedrooms inc. Main with Air conditioning, Built in robe and ensuite * 2 separate Air conditioned living areas * Modern kitchen with ample bench and storage space, Air conditioned Living/dining * Outdoor Alfresco dining/entertaining area with sliding doors to kitchen/dining * Lock up garage internal access to the home * Security screens throughout * 400 sqm block * Quiet & convenient neighbourhood * Built approx 2010 DHA LEASE BENEFITS: * 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 entitled to a lease-end make-good (refer to the DHA Lease Agreement). * Zero re-letting fees RATES : Council approx $ 662 per quarter Water approx $355 per quarter DHA LEASE BENEFITS: * Guaranteed rent paid on time every time regardless of whether the house is tenanted * Annual independent rent reviews * Most 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 co-ordinated 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 Floorpan, 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.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
2
Parking
2
Land Area
400 m²
Listed
3 months ago

Repayment calculator

$4,763/month
$2,382 /fortnight
Loan $786,000 at 6.10% over 30 years

Upfront costs

Deposit$196,500
Stamp duty$37,238
Conveyancing (est.)$2,000
Total upfront$235,738
Verify with QLD revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Living in Lakes

This 3-bedroom house in Lakes, QLD 4509 sits within reach of local amenities. It is listed 3% above the $950,000 median of 64 comparable houseswithin 5 km.

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