Mahere Papa
Property Specifics:
Year Built: 2010
Council Rates: Approx. $2,300 per year
Area Under Title: 748 square metres
Rental Status: DHA Lease @ $800 per week
Rental Lease: Leased until July 2026, with the right to extend to July 2029
Vendor's Conveyancer: TBC
Preferred Settlement Period: 30-45 days from the contract date
Preferred Deposit: 10%
Easements as per title: Electricity supply Easement to Power and Water Corporation
Zoning: SD23 (Specific Use)
Enviably situated within Darwin's desirable northern suburbs, this house has 3 bedrooms, 2 bathrooms and a double garage. Amenities including Royal Darwin Hospital, Leanyer School and Casuarina Square Shopping Centre are in close proximity.
This modern three-bedroom family home is located in the highly sought-after suburb of Lyons with a secure long-term lease in place with Defence Housing Australia (DHA) until July 2026 at $800.00 per week with a three-year extension option, which means guaranteed market value rent for the duration of the lease, even if the property is vacant!
With convenient in-house property management and property care, DHA takes care of all the hassle so you can just enjoy secure returns. The home features a spacious and practical open floor plan design which is well-presented and comes with quality fixtures, fittings, and finishes. The idyllic location and long-term guaranteed rental income make this property a must-see for savvy investors.
Investment Highlights:
- Currently under a lease agreement with Defence Housing Australia (DHA). For further information on the range of benefits of investing with a DHA property please visit the website at www.dha.gov.au
- Guaranteed monthly rental payments for the entire term of the lease, regardless of whether the property is tenanted or vacant
Estimated outgoings
- DHA Property Care service fee 16.5%
- Rental Status: $800 per week, to be reviewed Dec 2024
- Rental Lease: Current DHA 9 year lease term till July 2026, with right to extend to July 2029