VILLAS ON MILNE

9 MILNE STREET IDALIA, QLD

New Residential Investment Opportunity in a Boutique 12-Villa Development

An opportunity is available to secure one of 12 villas within a boutique residential development 'Villas on Main'.

Designed for practical, low-maintenance living, each villa will offer two bedrooms, two bathrooms, open-plan kitchen, living and dining areas, an internal laundry, private outdoor space and dedicated single-car accommodation.

The development comprises two separate buildings, each containing six villas. The plan provides individual outdoor areas, landscaped surroundings and a dedicated carport for each residence, creating a private and manageable residential environment.

Each villa has been designed with functional floor plans and contemporary finishes. The open-plan kitchen, living and dining areas form the central living space, with large windows and glazed doors providing natural light and a connection to the private patio or courtyard.

The bedrooms are positioned away from the main living area, providing separation and privacy. The interior features a neutral colour palette, modern kitchen cabinetry, stainless-steel appliances, tiled wet areas and easy-care flooring.

KEY FEATURES INCLUDE:
• Boutique development of 12 proposed villas
• Two bedrooms and two bathrooms
• Approximately 77.64m² internal living area for typical villas
• Open-plan kitchen, living and dining
• Private patio or courtyard
• Internal laundry
• Dedicated single carport
• Contemporary, low-maintenance design
• Proposed landscaping and individual fencing
• Defence Housing Australia lease opportunity

DEFENCE HOUSING AUSTRALIA (DHA) LEASE - Up to 12 years plus 1 x up to 3 yr option from handover date.

RENT - The greater of $530 per week or rent determined by an independent valuation obtained by DHA within 3 months prior to the Lease Commencement Date.

REGION HIGHLIGHTS:
• $2.5B Army, Airforce & Naval expansion
• $1.1B Greenvale Training Facility creating 11,000 jobs
• $500M Great Barrier Reef Aquarium redevelopment
• $530M University Hospital expansion
• $1.6B Port of Townsville upgrade
• $154M Eco Industries Hub – boosting renewable energy investment

TAKE ADVANTAGE OF DHA’S OFFER TO LEASE THIS HOUSE AND LAND PACKAGE WHICH INCLUDES:
• Rental income commencement of [final amount TBC] with an updated rent review within three months of the expected build completion.
• Long-term lease of 12years, with the potential of an option of up to 3 years.
• Secured rent from settlement with all DHA requirements met.
• Periodic rent reviews conducted by independent valuers.
Property care including most non-structural repairs.*
• One service fee.
A copy of the pre-commitment offer to lease and associated documents can be provided on request.
For more information about leasing this property to DHA, please contact the DHA Leasing Team on 139 342.
*Rent may be subject to abatement under certain circumstances such as loss of enjoyment or amenity, or breach of lease terms. Rent is paid where the property is habitable. Should a property become uninhabitable during the term of the lease, or lessor breaches the lease terms, the rent may cease or abate and the lease may be terminated by DHA. Secure rental income is subject to the terms of the lease. DHA does not take into account an investor’s objectives or financial needs. Investors should always seek appropriate independent advice before making any investment decisions with DHA.
A comprehensive description of repairs included in the Property Care service and exclusions can be found in the Property Care Contract. For more information, please visit DHA - property care.

Defence Housing Australia (DHA) and Hudson Property Agents do not guarantee, warrant, or represent that the information contained in this advertising and marketing material is free from errors or omissions. Illustrations and photographs are to be regarded as indicative only. Any interested parties should make their own enquiries, seek expert advice, and review the contract terms. Prices are subject to change without notice. This advertising and marketing material does not form part of the contract of sale.


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