Wickham NSW

• APARTMENT
• 1 bedroom
• 1 bathroom
• 1 car space

VIBRANT WEST END LOCATION, APARTMENT INVESTMENT PROPERTY LEASED to DHA UNTIL 2035!

This modern 1-bedroom street level apartment is an affordable entry into the DHA (Defence Housing Australia) investment property market. A short stroll to Wickham Foreshore, it's close to Newcastle CBD and the entertainment hub of Honeysuckle, Newcastle Interchange, cafes, restaurants and pubs are also located close by.

The lounge and kitchen area is a light filled open plan space and the kitchen is finished with beautiful stainless steel appliances. The large bedroom includes built-in-robes providing ample storage. The bathroom is finished with warm tones and offers a large shower and spacious vanity. Tucked neatly into the bathroom is an internal laundry. This property also includes a nice patio at the front and a secure underground parking space.

PROPERTY FEATURES:
- 1 bedroom with an abundance of cupboard space with built-in-robes
- Beautifully designed large open plan kitchen and living space
- Ultra modern finishes throughout including ducted air conditioning
- Combined bathroom and laundry facilities
- Street level with front patio
- Single car space
- Intercom system at entry
- Built approximately 2016

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

LEASE DETAILS :
- Lease Edition: Edition 6c
- Lease start date: 18/02/2020
- Lease end date: 17/02/2035
- 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
- All options/extensions are in DHA's favour
- Current Gross rent $420pw and reviewed annually each December
- DHA Property Care service fee 13% (including GST)
- Council rates (p.a.) approx. $1,361
- Strata levy (p.a.) approx. $3,723

DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the property 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.

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