Address available on request

INVESTORS : This property represents a perfect opportunity for a savvy investor. Currently rented at $530 per week with a current DHA (Defence Housing Australia) lease in place and rent guaranteed until the end of the lease, locked in until 2031 with a 3 year option that could take through to 2034! Situated on a generous 630 sqm block on a quiet street in Burdell, a northern suburb with approx 9000 people in of the City of Townsville.

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 DHA will conduct a thorough clean and make good at their expense before being handed back for you to move in, rent out privately or sell. You're also free to onsell to another investor at any time during the lease. With Townsville experiencing some of the highest rental yields in the country, vacancy rates continuing to come down and property experts reporting Townsville still producing good capital growth options now is the time to lock down your investment.

LEASE DETAILS :

* Lease edition 6 B dates 16/11/2010 - 15/11/2025
* Lease edition 7 dates 16/11/2025 - 15/11/2031
* Lease option 1 x up to 36 months
* Right to vary 1 x up to 12 months
*** NOTE : All options/extensions are in DHA's favour.

CURRENT RENT for 2024 : $530pw and adjusted each December according to an independent professional valuation.

PROPERTY FEATURES:
* Large Brick and Tile family home.
* 4 Spacious bedrooms inc master with Aircon and Ensuite.
* Two living areas including separate lounge at the front of the home.
* Modern kitchen boasts stainless steel cooking appliances, sleek tiles & ample storage and bench space.
* Air conditioned living areas.
* Tiled family & meals area with double sliding doors opening to outdoor undercover alfresco dining area.
* Large Double lock up garage with storage and internal access
* Fully security screened
* Spacious 630 sqm flat block.
* Built approx 2010

*Council and Water Rates - TBC

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).

These are just some of the benefits of the DHA lease attached to this property. Enjoy all the benefits of rental guarantee and a no fuss investment property; let DHA do all the hard work for you.

** 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 coordinated 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 Floorplan, 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.