$389,000

4 Bed  •  2 Bath  •  2 Car  •  748m²

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
+7

Sold

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$389,000

  • 4
  • 2
  • 2
  • 748m²

House Sold on Fri 5 Feb, 2021

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House description

“PROPERTY GOLD. INVEST WITH DHA & LIVE IN AT LEASE END.”

Available to a savvy investor is this modern 4 bedroom home owned independently and leased back by DHA (Defence Housing Australia). You will receive guaranteed rent from the perfect tenant (DHA), that will provide an ongoing income stream into the long term. Strong cash flow is a key ingredient to making a sound investment such as this.
While independently purchased properties are vulnerable to fluctuating demand for rental properties, there is no risk of vacancy costs with your DHA property. Even if the property is without a tenant for some time, DHA will still pay the rent while it's vacant. At the end of the lease, you can make the choice to sell, rent out or live in yourself after DHA conduct their end of lease make good.
Located in the prestigious Kensington Estate on a large 748sqm block and surrounded by other lovely homes. Situated just a short distance from schools, day care, local shopping centres, train station, sporting facilities, restaurants and entertainment. Just a 45 minutes drive to Brisbane CBD and 10 minutes to Ipswich CBD.

PROPERTY FEATURES:
* Modern lowset brick home with spacious design on large flat block.
* 4 Bedroom inc Main with Ensuite, WIR and Air Con
* 3 Separate living areas plus outdoor entertaining area
*Double Lock up Garage
* Security screens throughout
* Kitchen with modern appliances and ample storage
* 748 sqm block

LEASE DETAILS :
* Lease edition : 5B
* Lease start date: 06/04/2009
* Lease end date: 05/04/2024
* Lease option : Used
* Right to vary: 1 x up to 12 months reduction
* All options/extensions are in DHA's favour.

RENT : Current Gross for 2021 is $415pw and reviewed annually each December.

DHA LEASE BENEFITS:
* DHA guarantee to pay the rent even if the property is vacant.
* Annual independent rent reviews
* 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).
* Zero re-letting fees

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 - the Defence Properties specialists.

* In accordance with DHA regulations, we advise that this property will only be available for private inspections and to pre-qualified buyers.
* Photos are supplied under agreement by DHA and are for illustration purposes only.

Property features

airConditioning

Air Conditioning

builtInRobes

Built-in Robes

ensuites

Ensuites: 1

fullyFenced

Fully Fenced

outdoorEnt

Outdoor Entertaining

remoteGarage

Remote Garage

toilets

Toilets: 2

Other features

0

Municipality

Ipswich

Building details

Area: 265m²

Land details

Area: 748m²

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