Medowie NSW

Medowie NSW Lease 2022

  • HOUSE
  • 4 bedrooms
  • 2 bathrooms
  • 2 car spaces
  • Approx 574 Square metres

INVEST IN DEFENCE HOUSING. LARGE 4 BR HOME WITH PLENTY OF LIVING SPACES, EXCELLENT LOCATION. RENTAL INCOME GUARANTEED UNTIL 18 DEC 2022.

This DHA investment property is situated in popular Medowie and offers plenty of space both inside and out. With 4 spacious bedrooms and 2 bathrooms, this home includes a versatile kitchen which overlooks a large open plan family/rumpus space. Also included is a dining/lounge area located at the front of the property, which is ideal as a parents retreat. The spacious master bedroom includes en-suite and WIR and the 3 additional bedrooms, all with built-in-robes, are positioned close to the large family bathroom which includes a separate shower and bath.

The double garage comes with a remote control auto door and allows for internal access, the covered outdoor area is perfect for alfresco entertaining and is easily accessed through a large sliding door via the family room. Other features include security screens to window and doors and rain water tank.

This property offers the astute buyer a no-fuss, stress-free investment with rental income guaranteed every week by Defence Housing Australia (DHA). Conveniently located close to the Medowie shopping complex, Medowie Christian and Medowie Primary School, and a short 15-20km drive to some of the most amazing beaches in the Newcastle/Port Stephens area.

Built approximately 2002 and currently rented at $500pw, assessed annually with rental income guaranteed (until the end of the lease), zero re-letting fees, repairs and maintenance included, astute investors will reap the benefits a secure DHA lease has to offer.

PROPERTY FEATURES:
* Modern low set and low maintenance brick home
* 4 large bedrooms incl. main with ensuite, WIR
* Air conditioning and ceiling fans throughout
* 2 separate living areas incl. family/rumpus and separate lounge/dining area
* Tiled living and carpeted bedrooms
* Safety screens throughout
* Outdoor covered pergola area perfect for entertaining
* Double lock-up garage with internal entry access
* Built 2002

CURRENT LEASE FEATURES :
* DHA Lease edition: Edition 5B
* Lease start date: 19/12/2007
* Lease end date: 18/12/2022
* Lease option: Used
* Right to vary: 1 x up to 12 months Reduction
* Note: The option and right to vary is at DHA’s discretion.

CURRENT RENT : $500pw and assessed annually.

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 related 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 Jennifer Andrew 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.

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$3,078

Estimated monthly repayments based on advertised price of $545000.

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