Sold
Address available on request
$385,000
- 4 Bed
- 2 Bath
- 2 Car
- 700m²
House Sold on Thu 21 Mar, 2019
House description
“Defence Housing TENANT- Excellent 4.57 % Nett Return ex DHA. 4 yr lease in place. Safe Secure Investment”
Stress free investment - all the hard work is done by Defence Housing Management teamZERO VACANCY RATE with a Defence Australia lease your bank manager will love this. Built by Betta / Allaro Homes this 4 brm 2 bath home offers 2 very spacious living - sleek galley kitchen opening on to main living room, large separate media room or rumpus room , huge master bedroom with ensuite, large laundry and large entertaining deck. Potential side access for boat or van. $ 18,299.04 p.a.Nett rent ex DHA gives a NETT return ex DHA of 4.57% - better than the banks these days. DHA do the management and maintenance, so you can relax knowing everything is taken care of professionally.
Lease edition: Edition 5B
Lease start date: 11/07/2007
Lease end date: original lease end was 10/07/2019 and now DHA ha extended lease to now end on 10/7/2022
Right to vary: 1 x up to 12 months Reduction or Extension
Current NETT ANNUAL rent paid to you by DHA -$ 18,299.04
DHA Property Care maintenance package included. Lease-end make-good package included. DHA suggest you please click on to the following link
https://www.dha.gov.au/investing/buy-a-dha-investment-property/benefits/dha-property-care/lease-end-restoration
The original lease on this property at commenced on 11/7/2007 which per this link advice means the property is entitled for lease end restoration works , usually including repaint internally & externally as it is over 9 year lease period.
A copy of lease outlining DHA obligations can be provided for your review. Investing with DHA This property is for sale on behalf of a DHA lessor and has a DHA lease in place. 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. The property is an ex display home and actual inspection will reveal a home far superior to what these rental photos currently show, due to lease stipulations current photos are unable to be taken whilst tenants in place.
Property features
Air Conditioning
Built-in Robes
Deck
Fully Fenced
Living Areas: 2
Outdoor Entertaining
Remote Garage
Secure Parking
Toilets: 2
Land details
What’s around Bentley Park
Contact the real estate agent
Alison Grose
Cairns Property Office - City
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