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INVESTORS: This contemporary home presents a promising opportunity for savvy investors seeking strong capital growth with the added benefits of being leased to Defence Housing (DHA) with a long-term lease until 2026 with a 3 year option that could take it through until 2029. Located in Bluewattle Estate includes a myriad of connected walkways, cycle ways, exercise zones and tropically inspired community spaces with State-of-the-art playgrounds, picnic and barbeque areas and only minutes to local Amenities, restaurants, shopping centres, Schools, Leisure Facilities and Public Transport. Lavarack Barracks, James Cook University and the Townsville Hospital are just a short drive.
DHA LEASE HIGHLIGHTS:
* Lease start date : 21/10/2017
* Lease end date : 08/05/2026
* Lease Option : 1 x up to 36 months
* Variation : 1 x up to 12 months Reduction and 1 x up to 12 months Extension
* All options and variations are in DHA's favour
* CURRENT RENT for 2024 : $480 pw and adjusted annually on the 1st January 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.
PROPERTY FEATURES:
* 4 bedrooms, including a master suite with AC, walk-in robe, and ensuite
* Two spacious living areas
* Open-plan dining, kitchen, and family space with AC, leading to a covered outdoor entertaining area
* Air conditioning and ceiling fans throughout
* Separate laundry
* Double lock-up garage with storage and internal access
* Side access for storage of caravans or spare vehicles
* Large undercover outdoor entertaining zone, perfect for alfresco living
* Safety screens, smoke alarms, and electrical safety switch
* Land size of 514 SQM
* Built approx 2017 still offering strong tax depreciation benefits
DHA LEASE ADVANTAGES:
- Guaranteed rental payments irrespective of wether the property is vacant
- Annual rent reviews by independent valuers
- DHA covers most non-structural maintenance costs
- Potential lease-end make-good options for lessors
- No re-letting fees
This property offers numerous benefits tied to the DHA lease, providing a hassle-free investment with rental assurance. Take advantage of the security and ease that come with investing in this home.
** 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 Floorplan, 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.