Address available on request

This beautiful property is ideal for investors seeking a quality property with an excellent return. The long term lease offers security and has regular rent reviews built into it.
This property is currently under long term lease to Defence Housing Australia (DHA) and will have great appeal. Ideal for interstate buyers, private superannuation funds, astute investors looking for security and a high value tenant, and those seeking quality additions to an investment portfolio. Please note that DHA leased properties have regular rent reviews to keep up with increasing rents in the market place.

This property is for sale on behalf of a DHA lessor and has a DHA lease in place.
Visit dha.gov.au to learn about the benefits of investing in DHA property.
The lease details are:

Weekly rent: $470
Lease end date: 26/09/2025
Option available: 1 x fixed 36 months
Right to vary available: 1 x up to 12 months reduction or extension

The property is located in the popular area of Greenwith in Adelaide's north eastern suburbs and is in near new condition. It features high quality contemporary styling and decor throughout. With 4 double bedrooms, 3 with built in robes and the main with a large walk in robe, it is ideal for a family. The living areas are spacious and there are 2 separate areas to cater for the whole family, as well as a dining area that could alternatively be used as a home office or 5th bedroom. The family room leads onto the outdoor entertaining area which is ideal for summer b-b-q's or relaxing.

The quality of the fittings and fixtures throughout is immediately apparent. The kitchen is well appointed and has good storage and bench space, with a great pantry. The rear garden is suitable for kids or entertaining, and is low maintenance.

The main bedroom has a modern ensuite bathroom, and the main bathroom has a separate toilet. With a great street appeal, lock up double garage with access to the rear yard, and good sized rooms, this is an ideal investment for buyers looking for a quality property with an excellent long term return.


Specifications:
CT / 5653/712
Council / Tea Tree Gully
Zoning / R'15
Built / 2003
Land / 482m2
Frontage / 17.40m
Internal / 206m2