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INVESTORS : Break in to the investment market with this entry level opportunity to purchase this two bedroom apartment in the Park Avenue Apartments in Springfield Central. Boasting an enviable location in Springfield Central, surrounded by beautiful parklands and sits within a convenient 750m walk to Orion Shopping centre and close to cafes' restaurants and walking tracks.
A DHA 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 property 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 sell to another investor at any time during the lease.
Springfield Lakes is a master-planned community that has many amazing features already built and many more currently under construction, making it the perfect place to invest in your future.
LEASE DETAILS :
* Lease edition Edition 6C
*Lease start date 21/05/2018
*Lease end date 20/05/2027
* Lease option 1 x 36 months
* Important Note: The 36 month option and 12 month right to vary are at DHA?s discretion.
* CURRENT GROSS RENT 2024: $485 pw and adjusted each January to realign with current market rent through an independent professional valuation
PROPERTY FEATURES:
*Stunning Views
*2 Bedrooms, with Built in Robes and Air Conditioning
*Open Plan Living Areas with Air Conditioning
*Adjoining Kitchen with Gas Stove
*Internal Laundry with Extra Storage Space
*Undercover Car space with Storage
*Podium Level with BBQ facilities
ABOUT SPRINGFIELD LAKES : Despite being a master-planned community, Springfield Lake?s water views and bushland surrounds fill it with character and charm. With a shopping village and primary school in the suburb, and a major shopping centre, university campus and train station nearby, this friendly neighbourhood is a convenient home in a very Australian setting. The new Springfield Central train station (at the nearby Orion Shopping Centre) means that commuting to the city on public transport takes only 40 minutes (rather than the one hour and 20 minutes bus and train combination of the past) ? making it perfect for people who want to spend more time at home. Springfield Lakes is perfectly designed for outdoor living. There are 120 hectares of open space ? and over 20 kilometres of walking and bike trails. There are also 23 hectares of lakes and creeks, which are perfect for canoeing and kayaking.
DHA LEASE BENEFITS:
* DHA guarantee to pay the rent even if the property is vacant.
* Annual independent rent reviews
* DHA Property Care, an all-inclusive service fee, covers a range of property related services.
* At the end of each tenancy period, the property is professionally cleaned.
* The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement).
* Zero re-letting fees
RATES :
Council & Water rates Approx $800 per quarter
BC fees approx $5000 pa inc insurance
** 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.