Mascot NSW

Mascot NSW

  • UNIT
  • 3 bedrooms
  • 2 bathrooms
  • 2 car spaces
  • Approx 165 Square metres

LONG TERM INVESTMENT UNTIL 2028. OPPORTUNITY IN WELL LOCATED CITY SUBURB. GROSS YIELD 4.7%

Investors take note of this “blue chip” investment opportunity. Located within easy distance to: Mascot train station, Sydney airport, shops and cafes this well-appointed, 3 bedroom apartment provides a no fuss, guaranteed rental income. Currently leased, to Defence Housing Australia (DHA), for $875 pw with a quality tenant in place until 2028 plus a further 3 year option with would take it through until 2031. This property provides peace of mind for those seeking the assurances of rent paid monthly in advance and other extensive DHA Property Care services.

Lease details:
* Current weekly rent: $875 PW
* DHA Lease Edition: 6C
* Lease end date: 02/04/2028
* Option available: 1 x up to 36 months
* Right to Vary available: 1 x up to 12 months Reduction and 1 x up to 12 months Extension *
*refer to the DHA Lease Agreement
All options and variations are exercised at DHA's discretion

Property features:
3 bedroom apartment with city views
Extensive Wrap around, undercover balcony
Main bedroom with Built in robe, ensuite, and balcony access
additional 2 double size bedrooms with built in robes
2 stylish bathrooms
Generous size combined living and dining area
modern kitchen, gas appliances
Air conditioning
Two secure parking plus storage cage
Built 2012 approx
Floor size: 93sqm approx

Approx. Distance to amenities:
Transport
Mascot train station: 250m (3 min walk)
Sydney Domestic Airport: 1.7 kms
Sydney International Airport: 4.3kms

Shopping
Mascot IGA 400m (5 min walk)
Woolworths Mascot: 500 m
Westfield Eastgardens:4.5 kms

Fitness & Recreation
Anytime Fitness: 100m
Mascot Oval 200m
Australian Golf Club: 2.8km
Eastlake Golf Club: 3.5 km
Maroubra Beach: 8.2 km
Coogee Beach: 7.9 km

Education
Primary School-Gardeners Rd Public: 1.3 km
-Mascot Public: 1.5km or a 950m ,12 min walk
High School-Cahill Memorial 1.3km
University of NSW: 4.7km (10 min)

Lease details:
Current weekly rent: $875
DHA Lease Edition: 6C
Lease end date: 02/04/2028
Option available: 1 x up to 36 months *
Right to Vary available: 1 x up to 12 months Reduction and 1 x up to 12 months Extension *
*refer to the DHA Lease Agreement
All options and variations are exercised at DHA's discretion

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

This property is for sale on behalf of a Defence Housing Australia lessor and has a Defence Housing Australia lease in place. Visit dha.gov.au to learn the benefits of investing in Defence Housing Australia property.
Photos are supplied under agreement by DHA and are for illustration purposes only.

In accordance with DHA regulations, we advise that this property will only be available for private inspections to pre-qualified buyers.

To find out more about this rare investment opportunity please contact Tracee Stuart at Hudson Property, the Defence Specialists.

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$3,078

Estimated monthly repayments based on advertised price of $950000.

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