Mount Sheridan QLD

• HOUSE
• 4 bedrooms
• 2 bathrooms
• 2 car spaces
• Approx 515 Square metres

LEASED TO DEFENCE HOUSING AUSTRALIA. HEALTHY RENT OF $730PW = YIELD 5.4%. **OFFERS CLOSING SUNDAY 29TH JUNE 11AM**

**OFFERS CLOSING SUNDAY 29TH JUNE 11AM**

INVESTORS: This property represents a perfect opportunity for a savvy investor. Currently rented at $730 per week and returning a strong investor yield of 5.4%. With a current DHA (Defence Housing Australia) lease in place and rent guaranteed until the end of the lease, locked in until June 2028. Perfectly located in Forest Gardens, Mount Sheridan in a quiet cul-de-sac. Forest Gardens is a highly sought-after location to invest and live. Positioned within close proximity to local shops and businesses, major shopping centre and some of Cairns' most sought-after primary and high schools.

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 you can 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 or alternatively choose to move in yourself at lease end.

LEASE DETAILS :
* Lease start date 12-06-2022
* Lease end date 11-06-2028
* Lease option 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 GROSS RENT for 2025: $730pw and adjusted each January according to a valuation by independent companies and using comparable rentals.

PROPERTY FEATURES:
* Lowset brick home
* 4 Large Bedrooms
* Master Bedroom inc Main with Ensuite, Walk in Robe and Air Conditioning
* 2 Separate living areas inc Family/Rumpus and Living/lounge room at front of the home
* Modern Kitchen with gas cooking, stainless appliances and ample storage
* Air conditioning throughout
* Ceiling fans throughout
* Easy care tiles throughout
* Double lock up garage with internal entry
* Security Screens
* Outdoor undercover patio/entertaining area
* Fully painted inside and out in the last 12 months
* 515 sqm block
* Built approx 2005

* Council Rates - Approx $3,210 Per Year
* Water Rates - Approx $311 Per Year

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

SUBURB INFORMATION
Mount Sheridan offers a fantastic blend of suburban tranquility and convenient access to Cairns' vibrant city life, located approximately 10-12 kilometers south of the Cairns CBD. This thriving community is well-serviced by the prominent Mount Sheridan Plaza, a large shopping centre featuring major retailers like Coles, Woolworths, and Kmart, alongside numerous specialty stores, dining options, and medical facilities. Families will appreciate the range of nearby schools in surrounding suburbs like White Rock and Bentley Park, while regular Sunbus services provide reliable public transport links to the city and beyond. With an abundance of parks, walking tracks, and proximity to stunning natural attractions like Walsh's Pyramid and the World Heritage-listed rainforests, Mount Sheridan provides a relaxed and fulfilling lifestyle for residents.

** 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 due diligence in addition to obtaining legal advice from their appointed solicitor or conveyancer.

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