- 3 bedrooms
- 2 bathrooms
- 2 car spaces
- Approx 700 Square metres
3BED + STUDY = INVESTOR OPPORTUNITY WITH LONG LEASE IN PLACE UNTIL 2025. RENTED AT $400PW.
If you are searching for a no fuss investment, this property located in Edmonton, Cairns will suit perfectly! Located close to shops and schools and in a quiet cul de sac. A new DHA (Defence Housing Australia) lease has just been added and is in place until July 2025 with a 3 year option. Rental income is guaranteed until the end of the lease. If you are an looking to invest in property then purchasing a home with a lease in place to such secure tenants is the perfect option. It's a simple, uncomplicated opportunity for first time or experienced investors.
* Modern lowset brick home
* 3 Bedroom + STUDY inc Main with Ensuite, BIR and Air Con
* 2 Separate living areas inc Family/Dining and Separate Lounge area.
* Outdoor patio
* 700sqm block with fully fenced rear yard.
* Double Garage with electric roller door access & internal entry
* Side access
* Not flood affected.
FUTURE LEASE DETAILS :
* Leased until 4-7-2025
* Option available : 1 x 36 month option
* 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.
* Current Gross rent $400pw and reviewed annually each December.
DHA LEASE BENEFITS:
* DHA Guarantee to pay the rent even if the property is vacant
* DHA Property care, an all-inclusive service fee, covers a range of property relates services.
* The property is cleaned at the end of each tenancy period.
* The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement).
* A rental floor may apply to the DHA Lease Agreement (applicable to specific lease editions & applies to commencement rent).
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 & not been taken for the purpose of marketing.
Estimated monthly repayments based on advertised price of $425000.
Interest Rate (p.a)