Glenvale QLD

Glenvale QLD

  • HOUSE
  • 4 bedrooms
  • 2 bathrooms
  • 2 car spaces
  • Approx 522 Square metres

DEFENCE HOUSING LEASED INVESTMENT IN GLENVALE, TOOWOOMBA

INVESTORS : If you are searching for a no fuss investment, this Toowoomba property located in the highly desirable suburb of Glenvale, will suit you perfectly! There is a secure DHA (Defence Housing Australia) lease in place with your rent guaranteed until the end of the lease in December 2028. At lease end the home would be handed back for you to do as you like - 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.

CURRENT RENT 2025 : $600 pw and adjusted annually based on the assessment from independent professional valuer.

LEASE DETAILS :
* Lease Edition 6b
* Lease start : 03-12-2013
* Lease end : 02-12-2028
* Option available : USED
* Right to vary : 1 x up to 12 months reduction or 1 x up to 12 months extension
* All options/extensions are in DHA's favour.

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 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.

PROPERTY FEATURES:
* 4 Bedrooms including Master with Air con, large ensuite and walk in robe
* Modern lowset brick home
* Modern Kitchen with Air conditioning, sleek white cabinetry, ample storage and bench space
* Large Family/Dining area leading out to under cover alfresco through glass sliding doors
* Separate Lounge Media Room
* Generously sized bedrooms with Built in robes
* Large laundry with Walk in Linen closet
* Study nook
* Security Screens throughout
* Ceiling fans throughout
* Close to schools, shops and public amenities
* Double Lock up garage with remote control garage door and access to rear yard
* Built approximately 2012

* Council & Water Rates - TBC

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

ABOUT GLENVALE :
Glenvale, just 7.5km from Toowoomba CBD, is a rapidly growing suburb ideal for investors. With quality schools, strong public transport, popular parks, and the Toowoomba Showgrounds, it appeals to families and tenants alike. Ongoing development and high demand make Glenvale a prime location for long-term growth and solid rental returns.

** 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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$3,078

Estimated monthly repayments based on advertised price of $749000.

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