Wodonga VIC

$555,000 Sold!
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Wodonga VIC

  • HOUSE
  • 3 bedrooms
  • 2 bathrooms
  • 2 car spaces
  • Approx 540 Square metres

IMPRESSIVE HOME. LEASED TO DEFENCE HOUSING UNTIL 2026 + 3 YR OPTION.

INVESTORS: This beautiful home is a blue-chip investment. Built in 2015 and blessed with numerous extras. Currently under lease to DHA (Defence Housing Australia) with guaranteed rent through until April 2026 with an additional 3 year option which could take it through until 2029. At the end of the DHA lease, the home will be repainted and recarpeted at DHA's expense, for the new owners to move in, rent out or sell again.

Situated within easy reach of schools, the shopping centre, aquatic centre and the centre of town, it offers low maintenance easy care living for the occupants, within close proximity of all amenities.

The DHA lease ensures you will receive guaranteed rent from the perfect tenant (DHA), providing an ongoing income stream into the long term. Strong cash flow is a key ingredient to making a sound investment such as this. While independent residentially leased properties are vulnerable to fluctuating demand and potentially unstable flow of rent, there is no risk of vacancy costs with your DHA property. Even if the property is without a tenant for some time, DHA will still pay the rent while it's vacant.

LEASE DETAILS :
* Lease edition: Edition 6B
* Lease start date: 24/04/2017
* Lease end date: 23/04/2026
* Lease option: 1 x 36 months
* Right to vary: 1 x up to 12 months Reduction and 1 x up to 12 months Extension
* Note - all options and extensions are in DHA's favour

* CURRENT RENT for 2022: $455PW and reviewed annually by an independent valuer and paid at market rent.

PROPERTY FEATURES:
* Modern lowset brick home with an abundance of extras
* 3 Bedroom plus large study equally useable as a fourth bedroom
* Generous size master with Walk in robe and spacious ensuite inc stone benchtop to vanity, double shower and separate toilet
* 2 Separate living areas inc Lounge and Living/Dining + outdoor entertaining area
* Modern kitchen with stone bench tops, s/steel appliances and a large walk in pantry
* Ducted gas heating
* Ducted evaporative cooling
* 6 star energy rated
* High ceilings
* Double glazed windows
* Flat fully fenced rear yard
* Double Lock up garage
* Security screens throughout
* 540 sqm block
* Built approx 2015

DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is tenanted
* Annual independent rent reviews
* Most 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 in DHA leased homes - 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 specialist. In accordance with DHA regulations, we advise that this property will only be available for private inspections and to pre-qualified buyers.
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 Floorpan, build date, land size, floor plans and size, 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.

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$3,078

Estimated monthly repayments based on advertised price of $555000.

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