Address available on request

INVESTORS: This property represents a perfect opportunity for a savvy investor. With a current DHA (Defence Housing Australia) lease in place and rent guaranteed until the end of the lease, locked in until June 2025. At lease end the home will be recarpeted and repainted inside and out before being handed back for you to do as you like - move in, rent out privately or sell. You can also choose to discuss DHA's requirements for the home on a longer term basis with the potential for a new lease. You're also free to sell to another investor at any time during the lease.

A DHA (Defence Housing Australia) lease offers the new owners amazing inclusions such as guaranteed rental income, a comprehensive property care/maintenance package, & annual independent professional rental valuations and adjustments, all of which are designed for stress free investing. Ideal for investors located anywhere in the country, superannuation funds, and perfect for those starting their property portfolio and looking for a safe and secure option.

With Townsville experiencing some of the highest rental yields in the country, vacancy rates continuing to come down and property experts reporting Townsville still producing good capital growth options, now is the time to lock down your investment.

LEASE DETAILS :
* Lease edition 6B
* Lease start date 14/06/2016
* Lease end date 13/06/2025
* Lease option USED
* 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 for 2023: $480pw and adjusted each December according to an independent professional valuation using comparable rentals.

PROPERTY FEATURES :
* 4 Large bedrooms including Main with Ensuite, Air Con and ceiling fans
* Generous size kitchen with ample storage and bench space
* Bedroom 2, 3 & 4 feature walk in robes
* Outdoor undercover living area overlooking fully fenced rear yard
* Two separate living areas inc air-conditioned family and lounge
* Security Screens on doors and windows
* Ceiling fans in all bedrooms.
* Built approx 2003
* Approx 557sqm of land
* Spacious flat rear yard
* Garden/storage shed
* Short drive to both Annandale Shopping Centre and Fairfield Shopping Centre
* Short drive to James Cook University Hospital & University and Lavarack Barracks

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

** A note for Owner Occupiers -This property is sold with a DHA (Defence Housing Australia) lease in place which offers significant benefits to the investor however can’t be occupied by the owner/s until the lease ends **

***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 must be co-ordinated by the agent with the tenants.
Information provided above has been obtained from various sources which we believe to be accurate, however, Hudson Property Agents accept no liability for any errors or omissions, including but not limited to a Floorplan, lease dates, build date, land size, floor plans and size, and 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.