Price Undisclosed

4 Bed  •  2 Bath  •  2 Car  •  529m²

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
+6

Sold

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Price Undisclosed

  • 4
  • 2
  • 2
  • 529m²

House Sold on Tue 1 Aug, 2023

What's around Burdell

House description

“LEASED TO DEFENCE HOUSING AT $500PW. RENTAL YIELD 5.71%”

INVESTORS : Available now to a smart investor is this modern 4 bedroom home leased by DHA (Defence Housing Australia) until 2027! You will receive guaranteed rent providing an ongoing income stream into the long term, 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.

Burdell is a northern suburb of the City of Townsville with approx 9000 people. The home is located within walking distance to a private school and daycare and a 2 minute drive to shopping and facilities.

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 Edition 6B
* Lease start date 13/4/2012
* Lease end date 12/4/2027
* Lease option USED
* Right to vary 1 x up to 12 months
* NOTE : All options/extensions are in DHA's favour.

CURRENT RENT for 2023 : $500pw 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 529 sqm flat block.
* Built approx 2011

* 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.

* * 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.
Information provided above has been obtained from various sources from 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, build date, land size, floor plans and size, 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.

Property features

airConditioning

Air Conditioning

broadband

Broadband

builtInRobes

Built-in Robes

ensuites

Ensuites: 1

fullyFenced

Fully Fenced

livingAreas

Living Areas: 2

outdoorEnt

Outdoor Entertaining

payTV

Pay TV

remoteGarage

Remote Garage

secureParking

Secure Parking

toilets

Toilets: 2

Other features

0

Land details

Area: 529m²

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