Address available on request

INVESTORS: We are proud to present investors with this desirable home, currently under lease to DHA (Defence Housing Australia) until 2026 with a three year option that would take it through until 2029. Currently rented at $510 per week and assessed annually with an independent & professional valuation to obtain true 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. At lease end the home would be handed back for you to do as you like - move in, rent out privately or sell. You can also choose to discuss DHA's requirements for the home on a longer term basis with the potential for a new lease. You're also free to sell to another investor at any time during the lease.

The property is located in Townsville suburb of Burdell and surrounded by everyday conveniences such as schools including Townsville Grammar and North Short State School as well as Parks and playgrounds. The Woolworths & Bunnings as well as the Bruce Highway are within a 5 minute drive.

CURRENT 2023 RENT : $510PW and adjusted each December according to an independent professional valuation

LEASE DETAILS :

* Lease edition 6B
* Lease start date: 23/04/2014
* Lease end date: 22/04/2026
* Lease option: plus 1 x 3 year option
* Right to vary: 1 x up to 12 months Reduction and 1 x up to 12 months extension
* Note: The option and right to vary is at DHA’s discretion.

PROPERTY FEATURES:
* 4 Bedroom Modern Brick and Tile family home
* Master suite with Built-In robe, Air-conditioning and Ensuite
* Two living areas including a separate lounge at the front of the home
* Modern kitchen boasts stainless steel cooking appliances & ample storage and bench space.
* Air conditioned living areas.
* Tiled family & meals area with double sliding doors opening to large outdoor undercover alfresco dining area.
* Ceiling fans throughout
* Double lock up garage with internal access
* Security screens
* Spacious 646 sqm flat block.
* Built approx 2014

RATES & WATER : Combined Council & Water Rates Approx $2,150 Half-yearly

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 Floorpan, 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.