$370,000

4 Bed  •  2 Bath  •  2 Car  •  600m²

Main view of Homely house listing, Address available on request
Second view of Homely house listing, Address available on request
Third view of Homely house listing, Address available on request
+10

Sold

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$370,000

  • 4
  • 2
  • 2
  • 600m²

House Sold on Sun 19 Aug, 2018

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House description

“Investor Alert - Leased to Defence Housing til 2025 7yrs + 3 yr option. Top Returns”

Secure your future with DEFENCE HOUSING Lease. Returns 4.45% NETTex DHA - ideal for your Super Fund. Rock Solid Defence Housing Lease until 30/10/2025 that is minimum 7 years guaranteed rent.
Weekly Gross Rent - $ 390wk or NETT $ 16,991.88 per annum. What a great investment ZERO VACANCY RATE with a Defence Australia lease your bank manager will love this.

Genuine seller now left Australia and needs to sell, offering a NETT return of $ 4.45 % - better than the banks these days. Spacious 4 bedroom family home located in a quiet close. DHA has another 7 years on the lease plus a 3 year option to extend guarantee rent no vacancy period even if the house is sometimes empty, DHA do all the management and maintenance, so just set and forget and relax knowing everything is taken care of professionally.
NETT RETURN TO YOU FROM DHA OF $ 16,991.88 per Annum CLEAR after DHA costs - i.e. Management fees and GST.
Lease Edition 6B. Term: 12 year lease Lease start date: 31/10/2013 Lease end date: 30/10/2025
Lease option: 1 x up to 36 months (Note the option and right to vary is at DHAs discretion)
Right to vary: 1 x up to 12 months Reduction and 1 x up to 12 months Extension
DHA Lease Edition 6B provides for generous lease end restoration works completed at the termination of the lease contact agent for details or Visit 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. Guaranteed rent is paid 52 weeks a year. Rent is paid a month in advance. Rent is reviewed in December every year by a registered valuer. DHA Property Care maintenance package included. ****************************************************************
. Click on this link to read about the Cairns market - https://m.yourinvestmentpropertymag.com.au/property-tips/cairns-a-golden-market-245392.aspx

Property features

livingAreas

Living Areas: 2

toilets

Toilets: 2

Land details

Area: 600m²
Fourth view of Homely house listing, Address available on requestView more
Fifth view of Homely house listing, Address available on requestView more

Contact the real estate agent

Alison Grose

Cairns Property Office City

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