Mitchelton QLD

Mitchelton QLD

  • HOUSE
  • 4 bedrooms
  • 2 bathrooms
  • 2 car spaces
  • Approx 456 Square metres

INVESTOR OPPORTUNITY IN BLUE CHIP SUBURB OF MITCHELTON. LEASED TO DEFENCE HOUSING. RENT $850PW.

INVESTORS : This 4 Bedroom home is a perfect INVESTOR opportunity. Leased by DHA (Defence Housing Australia) until 2026 and then at lease end available to live in yourself, offer again to DHA, rent out privately, or onsell. Perfectly located in the blue chip suburb of Mitchelton, just 9km from Brisbane's CBD. Boasting 4 generous bedrooms, and 2 separate living areas and perched on a comfortable 456sqm corner block in a quiet pocket, surrounded by other quality homes. Situated in close proximity to Mitchelton State High School and Mitchelton Primary, walking distance to the bus stop and less than 5 mins drive to Mitchelton Train station and Brookside Shopping Centre.

The DHA (Defence Housing Australia) lease offers the new owners guaranteed rental income, resulting in stress free investing, regardless of whether the home is tenanted. Ideal for investors from anywhere in the country, superannuation funds, and perfect for those starting their property portfolio and looking for a safe and secure option to get started.

LEASE DETAILS :
* Lease edition 6
* Lease start 11/06/2017
* Lease end 10/06/2026
* Option available : USED
* 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 RENT FOR 2023 : $850 PW and adjusted annually according to an independent professional valuation

FEATURES :
* Double Storey rendered brick home located on corner block.
* 4 bedrooms, inc master with WIR, AC & Ensuite and outdoor balcony/deck overlooking yard
* Double Storey rendered brick home
* Freshly painted inside and out in 2020
* New carpet throughout in 2020
* Two separate living areas
* Main bathroom with shower and separate bath
* Downstairs toilet
* Ceiling fans throughout with Aircon to master, main living and kitchen/dining.
* Security grills to windows and doors
* Double lock up garage with remote control entry and internal access to the home
* Covered outdoor Terrace
* Rendered brick fences
* Roof repainted in 2020
* 9km to Brisbane CBD
* Built 2003
This investment equals "peace of mind" from a long lease, guaranteed rental income paid monthly in advance and other extensive DHA Property Care Services.

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 is also entitled to a lease-end make-good which includes repainting and recarpeting (refer to the DHA Lease Agreement).
* Zero re-letting fees

** A note for Owner Occupiers -This property is sold with a DHA (Defence Housing Australia) lease in place which offers significant benefits to the investor however can’t be occupied by the owner/s until the lease ends **

***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. In accordance with DHA regulations, we advise that this property will only be available for private inspections.
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, and 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 $925000.

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