Address available on request

This property has a long term lease with Defence Housing Australia. DHA leases offer owners guaranteed rental income, resulting in stress free investing, regardless of whether the home is tenanted. Ideal for investors from anywhere in the country, superannuation funds, and perfect for those starting their property portfolio and looking for a safe and secure option to get started. Currently rented for $570/week.

This modern four bedroom home is located on the border of Ferny Grove and Upper Kedron, just 15km from the Brisbane CBD. The home is situated close to Ferny Grove State School, the local child care centre and 5 minutes drive to the Ferny Grove Train Station.

Ferny Grove has seen huge growth in the past year, with very high demand for property. Now is time to secure your next investment with this set & forget proposition - a long term lease to Defence Housing Australia until 2025 with an additional 3 yr option which would take it through to 2028. Currently returning $570pw in rent and assessed again at market value in December.

LEASE DETAILS
* Lease Edition 6B
* Lease start date 16/01/2013
* Lease end date 15/01/2025
* 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
* Note: The option and right to vary is at DHA's discretion.

CURRENT RENT for 2021 : $570PW

FEATURES :
* 4 bedrooms, inc master with BIR, AC & Ensuite
* Open plan family, dining and kitchen with sliding glass doors to an outdoor undercover area
* Separate lounge room
* Ceiling fans and security screens throughout
* Double lock up garage with remote control entry and internal access to the home and rear yard
* Water tank
* Large 585m2 block with fully fenced rear yard and double gate access.
* 15 km to Brisbane CBD.

DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is tenanted
* Annual independent rent reviews at the end of each year
* Most non-structural 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.

*** 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 Specialist Agent, Ann Nugent.

*** In accordance with DHA regulations, we advise that this property will only be available for private inspections and to pre-qualified buyers.

For more information, please contact your DHA sales specialist - R&W Ascot.