Address available on request

This modern comfortable family home, located in a quiet street in the Toowoomba suburb of Cotswold Hills will tick all the right boxes for an investor. Currently leased to Defence Housing Australia (DHA), and for sale on behalf of a DHA lessor. Rented at $430 per week, the initial lease has over 12 months remaining, expiring on 19/04/2023 plus a 3-year option. Investment properties with long term leases in this location are rarely offered to the market. Be quick, as this property will not last !

Dwelling Features:
• 4 bedrooms with ceiling fans & built ins
• Master bedroom is air conditioned with ensuite and walk-in robe.
• Two generous air conditioned living areas
• Open plan living space serviced by a well-appointed kitchen with stainless steel appliances.
• Double lock up garage
• A private outdoor entertaining area overlooks the fully fenced rear yard.
• Security screening throughout
• 705 square metre lot
• Close to large fully equipped park

DHA Lease Summary:
Lease edition: Edition 6
Lease end date: 19/04/2023
Rent: $430 per week

DHA Lease Options and Variations:
Lease option: 1 x up to 36 months (Note the option and right to vary is at DHA's discretion)
Right to vary: 1 x up to 12 months Reduction and 1 x up to 12 months Extension

- DHA guarantee to pay the rent 52 weeks per year even if the property is vacant.
- Rent is paid a month in advance and is reviewed in December every year by a registered valuer.
- DHA Property Care, an all-inclusive service fee, covers a range of property related services.
- The property is cleaned at the end of each tenancy period.
- The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement)

Visit www.dha.gov.au to learn about the benefits of investing in DHA property.
In accordance with DHA regulations we advise that this property will be available for private inspection only and to prequalified buyers only. Photos are supplied under agreement by DHA and are for illustration purposes only.

To receive a copy of the Information Memorandum, or to arrange a private inspection, contact your DHA specialist agent at Place Projects, Dean Dederer on 0429 433 018 or [email protected]