Fern Bay NSW

  • HOUSE
  • 4 bedrooms
  • 2 bathrooms
  • 2 car spaces
  • Approx 603 Square metres

QUIET COASTAL LOCATION, MODERN 4 BEDROOM HOME WITH GUARANTEED RENT UNTIL AUGUST 2022!

This DHA Investment property is situated in a quiet coastal location within Seaside Estate, only a 20-minute drive to Newcastle CBD whilst also being in close proximity to Newcastle Airport, Newcastle Golf Club and some of the most amazing beaches Newcastle, and its surrounds, has to offer. Seaside Estate is also home to a number of parks, playgrounds, cycle ways and trails to the beach.

Built approximately 2010 and currently rented at $525pw, assessed annually and rental income guaranteed to be paid weekly, without fail until the end of the lease.

PROPERTY FEATURES:
* 4 bedrooms/ 2 bathrooms and double lock up garage
* Master bedroom, air conditioned, WIR and en-suite
* Open plan family/dining, kitchen and air-conditioned throughout
* Separate lounge area
* Tiled living and carpeted bedrooms
* Separate laundry
* Double auto garage
* Undercover outdoor entertaining area perfect for alfresco living and dining
* Safety screens throughout

This investment equals "peace of mind" from a long lease, guaranteed rental income paid monthly in advance and other extensive benefits of the DHA Property Care Services.

LEASE DETAILS :
* Lease start date: 30/08/2010
* Lease end date: 29/08/2022
* Lease option: 1 x up to 36 months
* Right to vary: 1 x up to 12 month reduction and 1 x up to 12 month extension
* All options/extensions are in DHA's favour.
* Current Gross rent $525pw and reviewed annually each December.
* Built approx. 2010

DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is tenanted
* Annual independent rent reviews
* Most non structural 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 Jenny Andrew of Hudson Property Agents.
**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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Proply Appraisal weblink
-https://app.proplyapp.com.au/proposals/preview/19512

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$3,078

Estimated monthly repayments based on advertised price of $725000.

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