INVESTORS : We are proud to present investors with this desirable home, currently under a long lease to DHA (Defence Housing Australia) until 2029 with a three year option that would take it through until 2032. Rented at $700 per week and assessed annually with an independent & professional valuation to obtain market rent, before being adjusted accordingly on the 1st of January every year.
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. You're also free to onsell to another investor at any time during the lease.
Situated in leafy family friendly Arana Hills, on the doorstep of the Bunyaville Forest and yet still just 11km from the Brisbane CBD. Grovely Train station is nearby & Brisbane City Council buses service the suburb. Shopping facilities include Arana Plaza, home to K-Mart, Coles & Aldi, major banks, restaurants, take away stores, medical and dental. The suburb is also home to the popular Arana Leagues Club.
LEASE DETAILS
* Lease Edition 7
* Lease start : 01/09/2023
* Lease end : 30/08/2029
* Lease option : 1 x up to 36 months
* Right to vary : 1 x up to 12 months Reduction
* All options/extensions are in DHA's favour.
* Important Note: The 12 month right to vary is at DHA’s discretion.
CURRENT RENT rent for 2024 is $700pw and reviewed annually each December.
FEATURES :
* 4 bedrooms, inc master with BIR's, AC & Ensuite.
* Open plan living, dining and kitchen with sliding glass doors to an outdoor undercover area. Separate lounge.
* Ceiling fans throughout with Aircon to master, main living and kitchen/dining
* Security grills to windows and doors
* Double lock up garage with remote control entry and internal access to the home and rear yard
* Fully fenced rear yard.
* Built 2006
* 645sqm block
* 11km to Brisbane CBD
This investment equals "peace of mind" from a long lease, guaranteed rental income paid monthly in advance and other extensive DHA Property Care Services.
* Combined Council & Water Rates - Approx $3,060 per year
DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is occupied.
* Annual independent rent reviews.
* Zero re-letting fees for the length of the lease.
* DHA Property Care, an all-inclusive service fee, covers a range of property related services.
* At the end of each tenancy period, the property is professionally cleaned.
* The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement).
* A rental floor may apply to the DHA Lease Agreement (applicable to specific lease editions and applies to commencement rent).
** 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.
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