This home in Annandale is perfect for investors looking for good long term growth and security with approx 4 years still remaining on the long term lease (+ a 3 yr option). The DHA (Defence Housing Australia) lease offers the new owners guaranteed income, resulting in stress free investing, regardless of whether the home is tenanted.
This is a perfect home for the tenants - perched on a huge 955sqm block of land and located close to schools, shops, multiple walkways and parks. Only a short drive to James Cook University, Lavarack Defence Barracks, The City and The Strand.
* Modern low set brick home
* 4 Bedroom inc Main with Ensuite, WIR and Air Con
* 3 Separate living areas inc Family, dining and Lounge
* Bathroom has separate toilet
* Outdoor entertaining area
* Security screens throughout
* 955 sqm block
* Built approx 2004
LEASE DETAILS :
* Leased until 21/07/2023
* Option available : 1 x up to 36 month option
* Right to vary : 1 x up to 12 months reduction and 1 x up to 12 months extension
* All options/extensions are in DHA's favour.
* Current Gross rent $405pw and reviewed annually each December.
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 - the Defence Properties specialists.
* In accordance with DHA regulations, we advise that this property will only be available for private inspections and to pre-qualified buyers.
* Photos are supplied under agreement by DHA, and taken when the property was last vacant.
Close to Transport
Close to Shops
Close to Schools
Car Parking - Surface