Deeragun QLD

• HOUSE
• 4 bedrooms
• 2 bathrooms
• 2 car spaces
• Approx 600 Square metres

ENTRY LEVEL INVESTMENT WITH 6.1% YIELD! RENTED TO DHA UNTIL 2025 + 3 YRS.

Buyers should move quickly to purchase this property as a secure investment rented to DHA (Defence Housing Australia) right through until 2025 plus an additional 3 year option available. Currently rented at $380 pw - securing investors a very healthy 6.1 % yield. Situated in a quiet street on 600sqm it would make the perfect family home at the end of the DHA lease where you can move in, rent out or sell. In the interim investors can enjoy all the freedom of guaranteed income, regardless of whether the home is tenanted, resulting in stress free investing.

PROPERTY FEATURES:
* Modern lowset brick home
* 4 Large Bedrooms inc Main with Ensuite, WIR and Air Con
* 2 Separate living areas inc separate Family & living rooms
* Outdoor entertaining area
* 600sqm block
* Built 2011

LEASE DETAILS :
* Lease start date: 01/11/2013
* Lease end date : 31/10/2025
* 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
* All options/extensions are in DHA's favour.
* Current Gross rent $380pw and reviewed annually each December, guaranteed to never drop below $380pw.

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.

LOCATION - Positioned on an elevated 600sqm parcel of land in the popular Oakdale Heights estate, Deeragun. Deeragun is an outer suburb of Townsville in Queensland, and is approximately 16.5 kilometres west of the Townsville CBD. The suburb is serviced by regular buses to the CBD, is located just 13.5km from the Townsville Airport. There are three schools, a Centro Shopping Centre and Medical facilities.

* 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.

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