Sale VIC Lease 2023 + 3 years
- 3 bedrooms
- 2 bathrooms
- 2 car spaces
- Approx 761 Square metres
INVESTOR OPPORTUNITY UNDER DHA LEASE UNTIL 2023 + 3 YR OPTION. GUARANTEED RENT.
If you are searching for a no fuss investment, this property located in a quiet street in regaional Sale will suit perfectly. There is a secure DHA (Defence Housing Australia) lease in place with your rent guaranteed until the end of the lease in April 2023 with a 3 year option which could take it through until 2026!
Currently renting at $380pw and assessed by independent valuers every year.
Perfect for investors looking for good long term growth and the security of guaranteed rent from a long term DHA (Defence Housing Australia) lease. Sale is located 220km South East of Melbourne, in Victoria's Gippsland region, and supports a capacity of approximately 700 RAAF personnel. The base plays a major role in training the next generation of Air Force personnel & with the Governments recent $400M upgrade the base is set to become the home of Defence Force aviation training for decades to come.
* Modern lowset brick home
* 3 Bedroom inc Main with Ensuite, WIR.
* 2 Separate living areas inc Family/Rumpus and Living/Dining
* Outdoor entertaining area
* Generous 761sqm block
LEASE DETAILS :
* Lease edition: Edition 6B
* Lease start date: 21/02/2011
* Lease end date: 20/02/2023
* 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
* Current Gross rent for 2021 $380pw and reviewed annually each December.
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
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 - the Defence Properties specialists.
* In accordance with DHA regulations, we advise that this property will only be available for private inspections and to pre-qualified buyers.
* Photos are supplied under agreement by DHA, and are for illustration purposes only.
Estimated monthly repayments based on advertised price of $395000.
Interest Rate (p.a)