Townsville QLD

• UNIT
• 2 bedrooms
• 2 bathrooms
• 1 car space

LIVE IN OR RENT OUT TO DHA UNTIL 2030 PLUS 3 YR OPTION.

With a very impressive 6.91% gross rental yield now is the time to invest before you miss the boat! This property presents the perfect option for those looking to start their property portfolio by offering investors the opportunity to choose to enter the market with an assurance of guaranteed rent from DHA (Defence Housing Australia) until 2030 plus 1 x 3 yr option that could take it through until 2033 OR alternatively, you can choose to take the property back after a thorough make good including new carpet and paint, in November 2023, as it becomes empty and you're able to move in yourself or rent out privately.

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.

The property is located within 2km of the Strand and close to various schools, shops, banks and entertainment.

LEASE DETAILS :

* CURRENT Lease edition 6 end date: 05/01/2024
* NEW Lease end date 7: 06/01/2024 - 05/01/2030**
* Lease option: plus 1 x up to 3 year option
* Right to vary: 1 x up to 12 months Reduction and 1 x up to 12 months extension
* Note: The option and right to vary is at DHA’s discretion.

RENT: Current Gross rent for 2023 is $490pw and assessed annually each December by an independent valuer.

PROPERTY FEATURES
This fully air-conditioned modern property features two bedrooms, both with built-in robes and carpet flooring. Cooling is further enhanced with tiled flooring throughout the living areas. The kitchen features stainless steel appliances including a dishwasher and stone bench tops. The laundry is complete with a clothes dryer. There is also a single undercover secure carpark.

COMPLEX FEATURES
* 2 swimming pools
* BBQ facilities
* Gym
* Security including CCTV
* Onsite Management

RATES :
Council & Water combined - approx $1635 half-yearly
Body corp fees - approx $8000 pa.

DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the property is tenanted.
* Annual independent rent reviews
* Most maintenance paid for by DHA
* The lessor may also be entitled to a lease-end make-good including new paint and carpet(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. 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 from which we believe to be accurate, however, Hudson Property Agents accept no liability for any errors or omissions, including but not limited to a Floorplan, 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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