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INVESTORS : This is a perfect opportunity for a savvy investor. This property has a DHA (Defence Housing Australia) lease in place and rent is guaranteed until the end of the lease in 2027. Currently rented at $540pw and returning a strong investor yield of 5.51%, sure to satisfy the banks.
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 professional 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 at DHA's expense before being handed back for you to move in, rent out privately or sell. You can also choose to discuss DHA's requirements for the home on a longer term basis with the potential for a new lease. You're also free to onsell to another investor at any time during the lease.
With Townsville experiencing some of the highest rental yields in the country, vacancy rates continuing to come down and property experts reporting Townsville is offering significant capital growth prospects, now is the time to lock down your investment.
LEASE DETAILS :
* Lease edition 6B
* Lease start date. 23/01/2012
* Lease end date 22/01/2027
* Lease option USED
* Right to vary 1 x up to 12 months Reduction and 1 x up to 12 months Extension
* Important Note: The 12 month right to vary is at DHA?s discretion.
CURRENT GROSS RENT for 2024: $540pw and adjusted each December according to an independent professional valuation
PROPERTY FEATURES:
* Modern lowset brick home
* 4 Large Bedrooms
* Master Bedroom inc Main with Ensuite, Walk in Robe and Air Conditioning
* 2 Separate living areas inc Family/Rumpus and Living/Dining
* Air conditioning
* Double lock up garage with internal entry
* Security Screens
* Outdoor undercover patio/entertaining area
* 664 sqm block
* Built approx 2011
* Council & Water Rates - TBC
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
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 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. 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 to pre-qualified buyers.
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, build date, land size, floor plans and size, 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.