- 3 bedrooms
- 2 bathrooms
- 2 car spaces
- Approx 453 Square metres
ENTRY LEVEL INVESTING. 5.91% YIELD AND TENANTED BY DHA UNTIL 2024 + 3 YR OPTION.
INVESTORS : This property represents the perfect opportunity for an astute investor. Currently leased to Defence Housing Australia (DHA) until 2024 + 3 yr option and rented for $385pw. The 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.
With Townsville experiencing some of the highest rental yields in the country, vacancy rates continuing to come down and property experts reporting Townsville is now recording good growth after its previous downturn, now is the perfect time to consider investing in the region.
LEASE DETAILS :
* Lease edition Lease Edition 6B
* Lease start date 24/08/2012
* Lease end date 23/08/2024
* 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 GROSS RENT FOR 2021 : $385pw and reviewed annually each December. Guaranteed not to drop below $385PW for the life of the lease.
* 3 good size bedrooms inc Main with ensuite and air conditioning
* 2 Separate living areas including separate lounge towards the front of the home
* Air conditioning living areas
* Outdoor entertaining area
* Double lock up garage with internal access
* Double gate access to side yard
* Security Screens throughout
* Ceiling fans throughout
* Built In 2012
RATES : TBC
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
These are just some of the benefits of the DHA lease attached to this property. Enjoy all the benefits of a 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 $339000.
Interest Rate (p.a)