$39,500,000

4 Bed  •  2 Bath  •  2 Car  •  630m²

Main view of Homely house listing, Address available on request
Floorplan of Homely house listing, Address available on request
Second view of Homely house listing, Address available on request
+14

Sold

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$39,500,000

  • 4
  • 2
  • 2
  • 630m²

House Sold on Mon 23 Aug, 2021

What's around Bentley Park

House description

“INVESTOR DELIGHT WITH NO STRESS - TENANTED AT $420PW UNTIL 2022 AND BEYOND - YIELD 5.4%”

This property is a perfect and secure investment rented to DHA (Defence Housing Australia) for the next 3 years or more, with a lease right through until August 2022 plus an additional 3 year option available. Located in Bentley Park, North Queensland and boasting 4 bedrooms and 2 seperate livings areas with a double lock up garage. Your tenants will enjoy the modern kitchen with shining SS appliances and open plan family/meals area leading out to an undercover outdoor patio. Currently rented at $420pw.

FEATURES INCLUDE :
* 4 bedrooms, 2 Bathrooms and Double Lock up garage
* Master bedroom with Ensuite, BIR's and Air con
* Modern kitchen boasting stainless steel appliances
* Main bathroom with shower and separate bath
* Two separate living/lounge areas
* Open plan lounge, dining and kitchen with Air conditioning
* Ceiling fans
* Security grills to windows and doors
* Double lock up garage with remote control entry and internal access to the home
* Covered outdoor area
* Built approx 2007

CURRENT RENT : $420PW

LEASE DETAILS :
* Lease start date 29/8/2007
* Lease end date 28/8/2022
* Lease option USED
* Right to vary 1 x up to 12 months Reduction or 1 x up to 12 months Extension
* CURRENT RENT for 2021 - $420pw and guaranteed not to drop below $410pw for the life of the lease.
Note: The option and right to vary is at DHA's discretion.

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

** 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 to pre-qualified buyers.

Property features

airConditioning

Air Conditioning

builtInRobes

Built-in Robes

ensuites

Ensuites: 1

outdoorEnt

Outdoor Entertaining

remoteGarage

Remote Garage

secureParking

Secure Parking

toilets

Toilets: 2

Other features

0

Land details

Area: 630m²

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