Sale VIC

• HOUSE
• 4 bedrooms
• 2 bathrooms
• 2 car spaces
• Approx 595 Square metres

ENTRY LEVEL INVESTMENT WITH LEASE TO DEFENCE HOUSING AUSTRALIA.

*** OFFER ACCEPTED***
INVESTORS: This property represents a perfect opportunity for a savvy investor. With a current DHA (Defence Housing Australia) lease in place and rent guaranteed until the end of the lease, locked in until July 2025 with an additional 3 year option which could take it through until 2028. Situated on a flat fully fenced 595sqm block on a quiet street in Sale, Victoria.

Sale is located 220km South East of Melbourne, in Victoria's Gippsland region, and supports a capacity of approximately 700 RAAF personnel. The base plays a major role in training the next generation of Air Force personnel & with the Governments recent $400M upgrade the base is set to become the home of Defence Force aviation training for decades to come.

A DHA (Defence Housing Australia) lease offers the new owners amazing inclusions such as guaranteed rental income, a comprehensive property care/maintenance package, & annual independent professional rental valuations and adjustments, all of which are designed for stress free investing. Ideal for investors located anywhere in the country, superannuation funds, and perfect for those starting their property portfolio and looking for a safe and secure option. At lease end the home is repainted and recarpeted at DHA's expense before being handed back for you to move in, rent out privately or sell. You can also choose to discuss DHA's requirements for the home on a longer term basis with the potential for a new lease. You're also free to onsell to another investor at any time during the lease.

LEASE DETAILS :
* Lease edition 6B
* Lease start date 5/07/2013
* Lease end date 5/07/2025
* Lease option 1 x 36 months
* 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 for 2023: $500pw and adjusted each December according to an independent professional valuation using comparable rentals.

PROPERTY FEATURES:
* Modern lowset brick home
* 4 Large Bedrooms inc Master Bedroom with Walk in Robe, Private Ensuite and Air Conditioning
* 2 Separate living areas inc opne plan Kitchen/Dining/Family with separate lounge room at front of the home
* Modern Kitchen with gas cooking, stainless appliances and ample storage
* Air conditioning throughout
* Ceiling fans throughout
* Carpeted bedrooms and lounge with and Easy care tiles through Kitchen/Dining/Family and wet areas.
* Double lock up garage with internal entry
* Security Screens
* Outdoor undercover patio/entertaining area
* Spacious 595sqm block
* Built approx 2012

* Council Rates approx $2319 pa
* Water rates approx $432 pa (Less usage reimbursed by DHA)

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

** 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 and must be co-ordinated by the agent with the tenants.
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, lease dates, 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.

Mortgage Calculator