$467,500

4 Bed  •  2 Bath  •  2 Car  •  614m²

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
+8

Sold

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$467,500

  • 4
  • 2
  • 2
  • 614m²

House Sold on Sun 5 Mar, 2023

What's around Burdell

House description

“LEASED TO DHA UNTIL 2027 PLUS 3 YR OPTION. RENT $510PW = 5.6% YIELD”

FOR INVESTORS : Available to a savvy investor is this modern 4 bedroom home leased by DHA (Defence Housing Australia) until 2027 with an additional 3 yr option which could take it through until 2030! Currently receiving $510pw and offering 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 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 a secure, high yielding investment that will satisfy the banks.

LEASE DETAILS :
* Lease edition 6C
* Current lease dates : 20/04/2018 to 19/04/2027
* 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 2023: $510pw and adjusted annually according to independent market valuations.

PROPERTY FEATURES:
* Modern lowset brick home
* 4 Large Bedrooms
* Master Bedroom inc Main with Ensuite, Walk in Robe and Air Conditioning
* 2 Separate living areas inc Family/Rumpus and Living/Dining
* Air conditioning
* Double lock up garage with internal entry
* Security Screens
* Outdoor undercover patio/entertaining area
* 614 sqm block
* Built 2014

* Council & Water Rates - $TBC

DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is tenanted
* Annual independent rent reviews
* Most 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

These are just some of the benefits of the DHA lease attached to this property. Enjoy all the benefits of a 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.
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, 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.

Property features

airConditioning

Air Conditioning

broadband

Broadband

builtInRobes

Built-in Robes

ensuites

Ensuites: 1

fullyFenced

Fully Fenced

outdoorEnt

Outdoor Entertaining

remoteGarage

Remote Garage

toilets

Toilets: 2

Other features

0

Land details

Area: 614m²

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