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INVESTORS : This lovely home offers plenty of opportunity for the future growth of the region to the savvy investor and is situated just metres from the Ross River and not affected by flooding. With five bedrooms or four bedroom plus a large study and located in Douglas within walking distance to all major public facilities, minutes from quality schools, Townsville CBD, James Cook University, and Townsville Hospital. Investors can reap the benefits of the secure long term DHA (Defence Housing Australia) lease until May 2027.
LEASE DETAILS :
* Lease edition Lease Edition 5B
* Lease start date 09/05/2021
* Lease end date 08/05/2027
* Lease option Used
* Right to vary None
* Note: The option and right to vary is at DHA?s discretion.
CURRENT RENT for 2024 : $570PW and adjusted annually based on the assessment from independent professional valuer.
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 still producing good capital growth options now is the time to lock down your investment.
FEATURES:
* 5 bedrooms or 4 bedrooms plus study / 2 Bathrooms and Double Lock up garage
* Master bedroom, air-conditioned, walk-in robe and spacious ensuite
* Two large living areas including huge Living/Dining space and casual family room off the kitchen/casual dining area.
* Kitchen casual dining flows out to the undercover entertaining area through glass sliding doors.
* Air conditioning and fans throughout
* Separate laundry
* Double auto garage
* Large undercover outdoor entertaining area perfect for alfresco living and dining
* Safety screens throughout
* Smoke alarms and electrical safety switch
* Generous 730sqm block of land with side access
* Built approx 2006
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
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 from 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.