- 3 bedrooms
- 2 bathrooms
- 2 car spaces
- Approx 607 Square metres
INVEST IN DEFENCE HOUSING. LEASED UNTIL 2023+3 YR OPTION.
INVESTORS! : If you are searching for a no fuss investment, this property situated on 607sqm of land located in a quiet street in regional Sale 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 March 2023 plus 1 x 3 yr option!
Available to a savvy investor and leased to DHA (Defence Housing Australia). You will receive guaranteed rent from the perfect tenant (DHA), which will provide an ongoing income stream into the long term. Even if the property is without a tenant for some time, DHA will still pay the rent while it's vacant. At the end of the lease, you can make the choice to sell, rent out or live in yourself after DHA conduct their end of lease 'make good'.
Sale is located 220km South East of Melbourne, in Victoria's Gippsland region, and supports a capacity of approximately 700 RAAF personnel. The base plays a major role in training the next generation of Air Force personnel & with the Governments recent $400M upgrade the base is set to become the home of Defence Force aviation training for decades to come.
* Modern lowset brick home
* 3 Bedroom inc Main with Ensuite, WIR.
* 2 Separate living areas inc Family/Rumpus and Living/Dining
* Double lock up garage with internal entry
* Air-conditioned main bedroom, living and dining
* Ceiling fans throughout
* Security Screens on all doors and windows
* Outdoor entertaining area
LEASE DETAILS :
* Lease edition 6B
* Lease start date 12/03/2014
* Lease end date 12/03/2023
* Lease option 1 x up to 36 months
* Right to vary 1 x up to 12 months Reduction and 1 x up to 12 months Extension
* Note: The option and right to vary is at DHA’s discretion.
* CURRENT RENT for 2021 : $385 PW
DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is tenanted
* Annual independent rent reviews
* Most 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.
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.
Heating & Cooling
Estimated monthly repayments based on advertised price of $399000.
Interest Rate (p.a)