Secure a Smart DHA Investment in Sought-After Oonoonba

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Oonoonba, Oonoonba QLD 4811

$495,000

Search Band Search Visibility Band

$499k - $549k High Confidence Calculated based on strong search observations.

Unit 2 Beds 2 Baths 1 Car 104 m² 76 m²

Listed: 24th Mar 2026

Updated: 6 days ago

Overview

Positioned in one of Townsville's most sought-after suburbs, this modern apartment leased to Defence Housing Australia (DHA) offers a secure and low-maintenance investment opportunity with guaranteed rental income until January 2028. As one of only two units in a contemporary duplex, it presents a rare chance to secure a property in a growth location with assured returns.

The apartment is ideally located just minutes from the Townsville CBD, local beaches, Lavarack Barracks, and the Townsville Hospital, providing excellent convenience and lifestyle benefits.

Property Highlights:

Fully tiled open plan living and dining area that opens onto a covered patio, perfect for indoor-outdoor living.
Two spacious bedrooms featuring built-in robes, air conditioning, and ceiling fans for comfort.
The master suite includes a sleek ensuite, walk-in robe, and gloss cabinetry, offering a stylish and functional retreat.
A contemporary kitchen equipped with stainless steel appliances and a generous pantry, ideal for meal preparation and storage.
High ceilings and full air conditioning throughout the unit, complemented by abundant natural light.
A modern main bathroom with quality finishes and a stylish vanity.
Covered outdoor entertaining area and easy-care surroundings, enhancing the lifestyle appeal.
The property is fully fenced, providing privacy and security.

Additional Information:

Current rent is $520.00 per week, providing a steady income stream.
The DHA lease is secured until 28 January 2028, with a variable extension period already exercised.
Body corporate fees are approximately $2,304.25 per half year, covering sinking and administration funds.
Council rates are approximately $1,836.05 per half year, including water charges.

DHA properties come with a lease that guarantees monthly payments regardless of occupancy, making this a truly set-and-forget investment. DHA also manages all day-to-day maintenance throughout the lease term, reducing the responsibilities of the owner.

In line with DHA regulations, this property is available for private inspections only and is intended for pre-qualified buyers. This sale is on behalf of a Defence Housing Australia lessor and includes a DHA lease in place. For more information on the benefits of investing in DHA properties, visit dha.gov.au.

Local Market Insights

In Oonoonba, Quiet Listings observed 3 new units entering the market over the last 30 days, up from 2 during the previous 30-day period, with an average advertised asking price of $422,667. The property type mix of listed properties is predominantly Houses at 84%, followed by units (9%), and duplexes (6%). The most active agency for units in the Oonoonba area is currently McDonough Property Townsville, representing 33% of new listings, followed by Page & Pearce Real Estate with 33%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.