- 4 bedrooms
- 2 bathrooms
- 2 car spaces
- Approx 651 Square metres
DHA LEASED - GUARANTEED $430 PW RENT UNTIL 2024. IMPRESSIVE 6.13% YIELD
If you are searching for a no fuss investment, this property located in the Kirwan will suit you perfectly! There is a secure DHA (Defence Housing Australia) lease in place with your rent guaranteed until the end of the lease in 2024.
Currently rented at $430pw and returning an excellent investor yield of 6.13% which is sure to satisfy the banks. Modern and spacious and perfect for investors looking for good long term growth and the security of guaranteed rent from the DHA (Defence Housing Australia) lease. Located in Kirwan, Townsville & amongst other quality built homes. Situated close to everything you could need including schools, shops, and public transport. This home is the perfect mix of peace and convenience, with long term security through the benefit of the lease to DHA (Defence Housing Australia) until September 2024.
With record low interest rates and Townsville experiencing some of the highest rental yields in the country, vacancy rates continuing to come down and property experts reporting Townsville is on the way back from its previous downturn, now is the perfect time to consider investing into the region.
* 4 bedrooms, inc master with WIR, AC & Ensuite.
* Main bathroom with shower and separate bath
* 2 separate living areas
* Open plan lounge, dining and kitchen with sliding glass doors to an outdoor undercover area
* Ceiling fans throughout with Aircon to master, main living and kitchen/dining
* Security grills to windows and doors
* Double lock up garage with remote control entry and internal access to the home
CURRENT RENT for 2021 : $430pw and guaranteed not to drop below $430pw for the life of the lease.
LEASE FEATURES :
*Lease edition Edition 5B
*Lease start date 01/10/2009
*Lease end date 30/09/2024
*Lease option USED
* Right to vary 1 x up to 12 months Reduction or Extension
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 Sharon Richter 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.
Heating & Cooling
Estimated monthly repayments based on advertised price of $365000.
Interest Rate (p.a)