Bittern VIC

• HOUSE
• 4 bedrooms
• 2 bathrooms
• 2 car spaces
• Approx 699 Square metres

BLUE CHIP DHA INVESTMENT, LEASED UNTIL 2024+3 YR OPTION.

INVESTORS : This terrific property offers the astute investor a great opportunity for good capital growth. Currently leased to Defence Housing (DHA) on a long term lease which expires in 2024 with a 3 yr option which would take it through until 2027. Currently renting at $462.28pw. Conveniently located in a sought after area of Bittern amongst beautiful surrounds and close to beaches, Bittern Fields Shopping Complex, the Sunday market and public transport.
A DHA (Defence Housing Australia) lease offers the new owners guaranteed rental income, resulting in stress free investing, regardless of whether the home is tenanted. Ideal for investors from anywhere in the country, superannuation funds, and perfect for those starting their property portfolio and looking for a safe and secure option to get started.

PROPERTY FEATURES:
* 4 good size bedrooms inc Main with Walk-in robe and ensuite
* 2 Large Separate living areas plus outdoor living
* Outdoor entertaining area
* Double lock up garage with internal access
* Security Screens throughout
* 699sqm block

LEASE DETAILS :
* Lease edition 2nd Portfolio Bulk Lease Dec 06
* Lease start date 21/12/2006
* Lease end date 20/12/2024
* Lease option 1 x up to 36 months
* Right to vary 1 x up to 12 months reduction
* Note: The option and right to vary is at DHA’s discretion.

RENT : $462.28 PW

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

RATES :
Council approx $TBC
Water approx $TBC

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.
Information provided above has been obtained from various sources from which we believe to be accurate, however, Hudson Property Agents accept no liability for any errors or omissions, including but not limited to a Floorpan, build date, land size, floor plans and size, property condition. Interested parties should make their own enquiries and conduct their own due diligence in addition to obtaining legal advice from their appointed solicitor or conveyancer.

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