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$375,000

4 Bed  •  2 Bath  •  2 Car  •  660m²

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$375,000

  • 4Bed
  • 2Bath
  • 2 Car
  • 660m²

House Sold on Mon 25 Jan, 2021

What's around Burdell

House description

“LEASED TO DHA UNTIL AUG 2022 + 3 YR OPTION - CIRCA 6% YIELD! INVESTOR GOLD.”

This home is perfect for investors looking for good long term growth and security with the lease right through until August 2022 with an option of up to 3yrs. The DHA (Defence Housing Australia) lease offers the new owners guaranteed income, resulting in stress free investing, regardless of wether the home is tenanted.

Burdell is a northern suburb of the City of Townsville with approx 9000 people. It is only a short drive to local shops, schools and restaurants. The DHA (Defence Housing Australia) lease offers the new owners guaranteed income, resulting in stress-free investing, regardless of whether the home is tenanted. Ideal for investors from anywhere in the country, great for superannuation funds, or for those starting their property portfolio and looking for a safe and secure option to get started.

With record low interest rates and Townsville experiencing some of the highest rental yields in the country, vacancy rates continuing to come down and property experts reporting Townsville is on the way back from its previous downturn, now is the perfect time to consider investing into the region.

LEASE DETAILS :

* Lease edition 6B
* Lease start date 18/08/2010
* Lease end date 17/08/2022
* Lease option 1 x up to 36 months
* Right to vary 1 x up to 12 months Reduction and 1 x up to 12 months Extension
* All options/extensions are in DHA's favour.
* Current Gross rent for $425pw and reviewed annually each December. Guaranteed not to drop belo $425pw for the life of the lease.

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).

PROPERTY FEATURES:
* 660 sqm Block
* 4 good size Bedrooms, inc Master with AC, WIR and ensuite.
* Outdoor entertaining area.
* Air conditioning in Master, main living and kitchen dining.

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.
* Investing with DHA - This DHA leased property is available for immediate 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 - the Defence Properties specialists.

* In accordance with DHA regulations, we advise that this property address is not able to advertised publicly and the property will only be available for private inspections.
* Photos are supplied under agreement by DHA, and are for illustration purposes only.
***The rent displayed is the 2020 rental figure, please note, DHA has recently performed a rent revaluation on this property. Please enquire with the agent to confirm the 2021 rental figure***

Property features

airConditioning

Air Conditioning

builtInRobes

Built-in Robes

ensuites

Ensuites: 1

fullyFenced

Fully Fenced

outdoorEnt

Outdoor Entertaining

toilets

Toilets: 2

Other features

0

Land details

Area: 660m²

What's around Burdell

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Viv Robinson

Hudson Property

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Address available on request
  • 4
  • 2
  • 2
  • 660m²

Viv Robinson

Hudson Property
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