Address available on request

This modern comfortable family home, located in the desirable residential suburb of Augustine Heights is a standout for an investor. Currently leased to Defence Housing Australia (DHA), and for sale on behalf of a DHA lessor. Rented at $475 per week, the initial lease has approx. 12 months remaining, expiring on 26/01/2023 plus a 3-year option. Quality investment properties in this location are rarely offered to the market. Be quick, as this property will not last !

Dwelling Features:
• 4 bedrooms with ceiling fans & built ins
• Generous master bedroom is air conditioned and includes an ensuite
• Open plan living space serviced by a well-appointed kitchen
• Two generous air conditioned living areas
• A private outdoor entertaining area overlooks the large fully fenced rear yard.
• Double lock up garage
• Security screening throughout
• 711 square metre lot
• Proximity to shopping facilities, parkland, walking trails and schools

DHA Lease Summary:
Lease edition: Edition 6b
Lease end date: 26/01/2023
Rent for 2022: $475 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]