Sold before Auction Thursday 29 May 2025 in rooms, 203 Lutwyche Road Windsor.
Discover a secure and profitable investment with this stylish apartment in Chermside.
Leased to DHA at $600 per week until September 2026, this property offers steady rental income and long term security perfect for investors looking for a hassle-free addition to their portfolio.
The property has an opportunity to release with DHA for five years or take vacant possession, live in or private rental.
Property Highlights:
• Spacious Living: Open-plan living area with massive 67m2 tiled balcony, offering great natural light and space for relaxation or entertaining.
• Modern Kitchen: Sleek kitchen with a dishwasher and plenty of storage, ideal for easy meal prep.
• Comfort & Convenience: Air conditioning throughout and built-in robes in both bedrooms for added storage and a minimalist look.
• Internal Laundry: Enjoy the convenience of your own laundry space.
• Internal entry from lockup car accommodation
Location:
• Chermside Central: Just minutes from Westfield Chermside, one of Australia's largest shopping centres, as well as cafes, restaurants, and transport options.
• Public Transport: 500 meters from the nearest bus stop, with the Chermside Bus Interchange only a short 5 minute walk away, providing quick access to the city and sporting events at Suncorp Stadium and The Gabba.
• Parks: Chermside Hills Reserves and Marchant Park are just a short walk away for outdoor recreation
• Brisbane CBD: Only 12 km from the city, offering easy access to work, entertainment, and all the city has to offer.
• Brisbane Domestic Airport (Brisbane Airport): Approx. 12 km (about 15-20 minutes by car)
• The Prince Charles Hospital: Approx. 3 km (5-10 minutes by car)
• Holy Spirit Northside Private Hospital: Approx. 3 km (5-10 minutes by car)
Leasing Details:
Currently leased to DHA with a guaranteed $600 per week ($31,200 per year) until 05/07/2026 with all extensions exercised, ensuring long-term tenancy and peace of mind.
Council Rates $1,800 approx per year
Body Corporate fees
Admin Fees - $2733.40 pa
Sinking Fund - $1275.36 pa
Insurance Fees - $731.84 pa
DHA maintains the property, ensuring it remains in excellent condition throughout the lease.
This is an exceptional opportunity to secure a low-maintenance, high-return investment in a prime location. Secure lease in place until reviewed yearly for rental increases.
To find out more about this great investment opportunity or if you would like to arrange an inspection please contact Nick Thornton, Ray White 0407 736 046.
These are just some of the benefits of the DHA lease attached to this property. Enjoy all the benefits of rental guarantee and a no-fuss set and forget investment property; let DHA do all the hard work for you.
* 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. In accordance with DHA regulations, we advise that this property will only be available for private inspections and to pre-qualified buyers.
For more inforamtion please call selling agent Nick Thornton 0407 736 046
