Bentley Park QLD
LEASED TO DEFENCE HOUSING AUSTRALIA. HEALTHY RENT OF $745PW = YIELD 5.71%.
** Offers closing Monday 23/6/25 at 5pm**
INVESTOR OPPORTUNITY : The perfect opportunity exists to own this beautiful home with a long lease to DHA lease until 2027 plus 1 x 3 yr option which would take it through until 2030! With a generous 689 sqm of land its sure to offer investors excellent long term growth prospects.
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 to offer buyers a stress free experience. Ideal for those investors located anywhere in the country, purchasing as an individual or through self managed super funds, and perfect for those starting their property portfolio and looking for a safe and secure option.
At lease end the home is repainted inside and out as part of the lease end 'make good' and at DHA's expense before being handed back for you to move in, rent out privately or sell OR you can also choose to discuss DHA's requirements for the home on a longer term basis with the potential to lock in a new lease. You're also free to onsell to another investor at any time during the lease.
CURRENT RENT for 2025 : $745PW and adjusted each January based on the assessment from independent professional valuer.
LEASE DETAILS :
Lease start date: 21/04/2015
Lease end date : 20/04/2027
Lease option: 1 x up to 36 months
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.
PROPERTY FEATURES:
* Modern low-set brick home
* 4 Bedroom inc Main with Ensuite, WIR and Air Con
* 2 Separate living areas inc Family/Rumpus and Living/Dining
* Security screens on all doors and windows
* Double Garage with internal access
* Outdoor entertaining area
* 689 sqm block
* Double gated side access
* Built approximately 2009
* Council Rates - Approx $3,104 per year
* Water Charges - Approx $116 per quarter
ABOUT BENTLEY PARK
Bentley Park is a rapidly growing and family-friendly suburb located approximately 9-12 kilometers south of Cairns CBD, offering a relaxed lifestyle with excellent convenience. This green and leafy area boasts a variety of housing options, from established homes on generous blocks to newer developments. Residents enjoy easy access to essential amenities including Bentley Park Shopping Village, which houses a grocery store, chemist, and other specialty shops. The suburb is well-serviced by public transport, with regular bus routes connecting to Cairns City. For those commuting further, Cairns Airport is approximately 18 kilometers away, making travel a breeze. Bentley Park is also home to Bentley Park College, providing schooling from Prep to Year 12, as well as several early education centres, parks, and recreational facilities like the Souths Cairns Sports Club, ensuring a well-rounded and engaging community for all.
** 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 coordinated 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 floorplan, 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.
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$3,078
Estimated monthly repayments based on advertised price of $679000.
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