Thornton NSW
INVESTMENT WITH GUARANTEED RENT FROM DHA UNTIL MARCH 2028
This 4-bedroom, 2-bathroom DHA investment property is situated in a quiet street and offers plenty of space both inside and out. The main bedroom has a WIR and ensuite, the remaining three bedrooms all have BIR's. The living space features open plan kitchen, with gas cooktop and breakfast bar, family and dining with a separate family room. Other features include ducted air conditioning, DLUG with internal access, full security screens and an easy maintenance 552 sqm allotment.
Thornton is a great suburb with easy access to the freeway heading North and South, out to the Hunter Valley Wineries, Port Stephens and into Newcastle. Thornton has a small shopping center and Stockland Greenhills is the closest shopping center complex approx. a 10 mins drive. Thornton Public and Francis Greenway High are two schools located within this suburb.
Approaching lease end in March 2028 the owners can choose to discuss a new lease with DHA or choose to live in themselves or rent out privately. As part the DHA Lease agreement owners will receive a lease end make good which includes new carpet and repaint inside and out.
The DHA (Defence Housing Australia) lease offers the new owners guaranteed income, resulting in stress free investing, regardless of whether the property is tenanted. An investment property leased to DHA is a set and forget investment, ideal for all investors, purchase via a self-managed superannuation fund or start your property portfolio with this safe and secure option.
Currently rented at $720pw, assessed annually and rental income guaranteed to be paid weekly, without fail until the end of the lease.
PROPERTY FEATURES:
* 4 bedrooms / 2 bathrooms
* Master bedroom with WIR and en-suite
* Spacious open plan living and dining area
* Large versatile kitchen with gas cooktop
* Separate family area
* Tiled living and carpeted bedrooms
* Separate laundry
* Ducted air-conditioning plus ceiling fans throughout
* Undercover outdoor entertaining area
* Safety screens throughout
* Double lock up garage
* Large fully fenced backyard with water tank
* Council & Water Rates approx. $2,930 per annum (water usage reimbursed by DHA)
LEASE DETAILS :
* Lease Edition: Edition 6c
* Lease start date: 16/03/2016
* Lease end date: 15/03/2028
* Lease option: Used
* Right to vary: Used
* All options/extensions are in DHA's favour
* Current Gross rent $720pw and reviewed annually each December
DHA LEASE BENEFITS:
* Make good provision - repaint (internal and external) and recarpet at lease end
* 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 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 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 Jenny Andrew of Hudson Property Agents on 0414 207 279 (we are required to provide DHA tenants 72 hours notice for inspections). In accordance with DHA regulations, we advise that this property will only be available for private inspections and to pre-qualified buyers, that is those with pre-approved finance.
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, 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 $825000.
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