Elermore Vale NSW Lease 2022 + 3 years

• UNIT
• 3 bedrooms
• 2 bathrooms
• 2 car spaces
• Approx 356 Square metres

PERFECT DHA INVESTMENT WITH GURANTEED RENT UNTIL 2022 + 3-YEAR OPTION TO EXTEND. LOVELY QUIET COMPLEX WITH SHARED RESORT STYLE POOL.

Located within a quiet complex and boasting a shared resort-style swimming pool and BBQ area, this three bedroom unit will not last. Featuring three generous sized bedrooms with built-in-robes and ceiling fans, the home also includes two bathrooms, a main and an ensuite in the master bedroom. The living and dining areas are separated by a new kitchen which was installed in July 2020, the refit includes new cabinets, appliances, splash back and benchtops. A fully enclosed back yard provides privacy and security.

This property is located in an ideal position close to Elermore Vale Public School as well as offering easy access to John Hunter Hospital. Glendale Shopping Centre is a short 7 minute drive away and the local Elermore Vale Shopping Centre is within easy reach. Public transport allows for an easy commute to the university, Newcastle CBD and Charlestown Shopping Centre.

Built approximately 2006 and currently rented at $465pw, this DHA investment property's rental income is assessed annually (each December) and rental income is guaranteed until the end of the lease.

PROPERTY FEATURES:
* 3 bedrooms all with built-in-robes and 2 bathrooms
* Master bedroom, air conditioned, built-in-robe and en-suite
* Separate living and dining areas both with split system air conditioning
* Tiled dining and carpeted living and bedrooms
* Ceiling fans throughout
* Separate laundry
* Double auto garage with internal access
* Undercover outdoor entertaining area
* Low maintenance backyard
* Shared resort style swimming pool and BBQ area

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

LEASE DETAILS :
* Lease start date: 01/04/2010
* Lease end date: 31/03/2022
* Lease option: 1 x up to 36 months
* Right to vary: 1 x up to 12 month extension
* All options/extensions are in DHA's favour

* Current Gross rent for 2021 is $475pw and reviewed annually each December
* Built approx. 2006
* Council Rates - approx. $444 per qtr.
* Water Rates - approx. $270 per qtr.
* Strata Fees - approx. $460 per qtr.

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 on 0414 207 279.
**In accordance with DHA regulations, we advise that this property will only be available for private inspections and to pre-qualified buyers.

Mortgage Calculator