Address available on request

DHA Leased Investment Property. Contemporary, spacious, 2 storey executive home, located in a premium quiet street in the highly sought-after North Brisbane suburb of Albany Creek. Currently leased to Defence Housing Australia (DHA) and is for sale on behalf of a DHA lessor. Rented at $575 per week, the initial lease has over 6 years remaining, expiring on 27/10/2027 plus a 3-year option. Investment properties of this calibre, location and long lease term are highly sought after, however are rarely offered to the market. Be quick, as this property will not last.

Dwelling Features
• 4 bedrooms with ceiling fans & built ins.
• 2.5 bath
• 'Master bedroom is air conditioned with ensuite and walk-in robe.
• Two generous air conditioned living areas – separate ground floor lounge and family rumpus on upper floor.
• Expansive open plan living space serviced by a well-appointed kitchen with stainless steel appliances.
• Double lock up garage
• A private outdoor entertaining area overlooks the fully fenced rear yard. Other features include
• Security screening throughout
• Highly valuable depreciation benefits
• Close to parkland and has easy access to a full range of commercial facilities on Albany Creek Road


DHA Lease Summary:
Lease edition: Edition 6C
Lease end date: 27/10/2027
Rent: $575 per week

DHA Lease Options and Variations:
Lease option: 1 x up to 36 months (Note the option and right to vary is at DHA's discretion)
Right to vary: 1 x up to 12 months Reduction and 1 x up to 12 months Extension

- DHA guarantee to pay the rent 52 weeks per year even if the property is vacant.
- Rent is paid a month in advance and is reviewed in December every year by a registered valuer.
- 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)

Visit www.dha.gov.au to learn about the benefits of investing in DHA property.
In accordance with DHA regulations we advise that this property will be available for private inspection only and to prequalified buyers only. Photos are supplied under agreement by DHA and are for illustration purposes only.

To receive a copy of the Information Memorandum, or to arrange a private inspection, contact your DHA specialist agent at Place Projects, Dean Dederer on 0429 433 018 or [email protected]