Address Withheld, Muirhead, NT 810

This is a rest-easy investment - with no vacancies and Defence Housing will maintain the property for you!

Located in a quality estate and with Australia's best residential tenant - you can invest with confidence!

This modern home offers depreciation write-offs as well as strong rental returns.

Some points to consider -

* 12-year lease with a 3-year option period

* Lease expires early 2028 - potential to extend to 2031

* Home built in 2015

* 3 bedrooms, main with ensuite

* All 3 bedrooms have tiled floors and built-in robes

* Separate Lounge and Family rooms

* Large verandah located off the dining area

* The home is fully air-conditioned by split-system units

* It has tiled floors throughout

* A double lock-up garage with storage space and internal access

* Solar hot water on the roof

* Solar power panels installed on the roof

* 499sqm lot with a generous 20m frontage

* Small 1.0m x 1.0m electrical easement

* In a neighbourhood of similar, good-quality homes

* Just 100m walk to a large neighbourhood park

* Casuarina Square, Royal Darwin Hospital and University, all close by

* Darwin city rates approx. $1 916p.a

* Garbage collection $312p.a

DHA Lease Summary

Lease end date: February 2028

Current Rent For 2024: $760 per week

Nett monthly rent after DHA fees: Approx. $2 759pcm

DHA Lease Options and Variations

Lease option: Up to 3-year lease-option period - option in favour of DHA

Right to vary: 1 x up to 12 months Reduction/Extension in the lease term

Note: The right to vary the term of the lease is at DHA's discretion.

* 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)

* A rental floor may apply to the DHA Lease Agreement (applicable to specific lease editions and

applies to commencement rent).

Investing with DHA - This property is for sale on behalf of a DHA lessor and has a DHA (Defence Housing Australia) lease in place.

Visit dha.gov.au to learn about the benefits of investing in DHA property.

DHA regulations mean that this property will be available for private inspection only and to prequalified buyers only.

The rent displayed is the 2024 rental figure.

Photos are supplied under agreement by DHA and are for illustration purposes only.