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This centrally located, stylish, north facing, 3 bedroom apartment represents a wonderful opportunity to a discerning investor looking for guaranteed rent with a quality tenant and stress free property management. The property is on lease to Defence Housing Australia (DHA) until Sept 2025 with an option to extend for a further 3 years. Current Gross Rent (2024): $925 pw (rent is reviewed every December).
Property Features:
North facing
3 bedrooms ? all with built ins
2 bathrooms- main and master bedroom with ensuite
2 living spaces- lounge and dining
Kitchen ? side by side oven installed + access to a water tap for the fridge
Colour scheme- cream walls and ceiling, neutral toned benchtops and light tiling
Quantum Quartz bench tops and Bosch appliances and gas cooktop
Pet-friendly building
Ducted air con
Video intercom
large sunny grassed courtyard(128sqm)
Access to double car space in secure, underground garage by central elevator
Built: Circa 2012
Total Size: 284sqm (118sqm floor size + patio,128sqm courtyard, 38sqm double car space)
Defence Housing Australia (DHA) Lease Details:
Rent (2024): $925 pw (rent is reviewed every December)
27/09/2013-26/09/2025
3 year option
Right to vary + or 1 up to 12 months
Important Note: The 36 month option and 12 month right to vary are at DHA?s discretion.
What?s Nearby?
Caringbah Train Station: 450 m (6 min walk)
Coles Caringbah: 650m (4 min drive)
Caringbah Shopping Village: 1km (4 min drive or 11 min walk)
Sutherland Hospital: 900m (3min drive)
Cronulla Beach: 5.5km (10 min drive)
Caringbah Public School: 1.8km (4min drive)
Caringbah High School: 550m (1 min drive or 6 min walk)
De la Salle Catholic College Private (Years 7-10): 1.1km ( 3min drive or 14min walk)
Endeavour Sports High School 7-12: 1.1km (3min drive or 13min walk)
Outgoings:
DHA Fees (13%) : $522.95 per month (management and maintenance)
Strata: $1465.20 pq ($1262.30 admin + $202.90 sinking fund)
Council: $358.60 pq
Water:$159.08 pq
DHA lease benefits:
? DHA guarantee to pay the rent even if the property is vacant.
? DHA Property Care, an all-inclusive service fee, covers a range of property related services.
? The property is cleaned at the end of each tenancy period.
? The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement
This property is for sale on behalf of a Defence Housing Australia lessor and has a Defence Housing Australia lease in place. Visit dha.gov.au to learn the benefits of investing in Defence Housing Australia property.
Photos are supplied under agreement by DHA and are for illustration purposes only.
In accordance with DHA regulations, we advise that this property will only be available for private inspections to pre-qualified buyers.
To find out more about this rare investment opportunity please contact Tracee Stuart at Hudson Property, the Defence Specialists.