Adamstown NSW

Adamstown NSW

  • TOWNHOUSE
  • 3 bedrooms
  • 2 bathrooms
  • 2 car spaces
  • Approx 406 Square metres

EXCELLENT LOCATION, DHA INVESTMENT PROPERTY WITH GUARANTEED RENT OF $725PW UNTIL 2026 + 3-YEAR OPTION TO EXTEND

This DHA investment property is situated in popular Clarence Jefferies VC Estate in Adamstown. Split over two levels, all bedrooms are conveniently located on the upper level, the main bedroom includes WIR, air-conditioner and ensuite with the remaining bedrooms comprising ceiling fans and BIR's. The ground floor includes a formal carpeted dining and lounge area positioned at the front of the property and a tiled family room off the kitchen at the rear.

There is small under stairs internal storage with separated double garage with auto door and a fully enclosed backyard provides privacy. Security screens are fitted throughout.

Built approximately 2005 and currently rented at $725pw, assessed annually and rental income guaranteed to be paid weekly, without fail until the end of the lease.

PROPERTY FEATURES:
* 2 bedrooms with BIR's plus main with WIR and ensuite
* Air conditioning and ceiling fans throughout
* 2 separate living areas incl. family/kitchen and lounge/dining
* Tiled family and carpeted bedrooms/lounge and dining
* Safety screens throughout
* Outdoor covered patio
* Double lock-up auto garage
* Easy to maintain yards
* Built approx. 2005
* Torrens Title - not subject to strata fees
* Council/Water Rates - approx. $2,950 per annum (water usage is reimbursed by DHA)

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.

CURRENT LEASE FEATURES :
* Lease edition: Lease Edition 6
* Lease start date: 20/09/2020
* Lease end date: 19/09/2026
* Lease option: 3-year option to renew
* Right to vary: 1 x up to 12 months reduction
* Note: The option and right to vary is at DHA’s discretion.

CURRENT RENT : $725pw and assessed annually.

DHA LEASE BENEFITS:
* Guaranteed rent paid in advance, even when the property is vacant
* Annual market rent review service (conducted by an independent licensed valuer)
* Online services portal to view and manage your property
* The lessor will be entitled to a lease-end make-good which includes new paint and carpets (refer to the DHA Lease Agreement)
* Property Care program - DHA are responsible for organising and covering the cost of most non-structural repair and maintenance works, including the replacement of fixed appliances as needed
* Tenancy management - DHA take the pressure off managing the tenants, you do not have to inspect the property (however, this can be arranged on request)
* Emergency repair - in the event of emergency DHA will act quickly on your behalf
* 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.
*** Photos supplied by DHA for the purposes of marketing the property
**** Weekly rent quoted is for 2022 as per 2021 rental assessment completed in December

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$3,078

Estimated monthly repayments based on advertised price of $850000.

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