$595,000

4 Bed  •  2 Bath  •  2 Car  •  721m²

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$595,000

  • 4
  • 2
  • 2
  • 721m²

House Sold on Wed 29 Jun, 2016

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House description

“LONG TERM DHA INVESTMENT PROPERTY WITH 5.2% *GROSS YIELD AND $600 PER WEEK RENT”

Note: Rent to never fall below $600 per week during the life of the lease.

This DHA investment equals "peace of mind" from a long lease, guaranteed rental income paid monthly in advance, restoration provisions at lease end and other extensive DHA Property Care Services.

Features Include:

• Northerly aspect to the rear
• Combined lounge and dining room
• Split level through to open plan family/meals/kitchen area with access to back garden
• Kitchen with gas cook top, electric oven, walk in pantry, vented exhaust
• Main bedroom with walk in robe
• Ensuite with shower, vanity, tastic heater and separate adjacent toilet with vanity that has two way access via the ensuite and hall
• Bedroom 2 and 3 with built in robe
• Large study/bedroom 4
• Three way style bathroom with separate toilet, vanity area, shower and bath combined
• Linen press and cloak cupboard for storage
• Laundry room with storage cupboard
• Covered entertaining area with laserlite pergola
• Gas hot water service
• Ducted gas heating and evaporative cooling
• Double garage with manual door and door to the rear to access the back garden


Rates: $702.27 per quarter (approx.)
Block size: 721 m2
Land value: $313,000 (approx.)

Contact Christine Shaw to arrange a private viewing appointment.

DHA Lease: 25/11/2013 - 24/11/2022
Lease Options: 1 x 3 year fixed
Right to Vary Available: Plus/minus 1 x 12 month reduction or extension
Management Fee: 16.5% inc.GST
Gross Rent $600 per week with annual reviews

*Approx. Gross Yield calculated on $600,000 sale price

This property is for sale on behalf of a Defence Housing Australia lessor and has a Defence Housing Australia lease in place. Visit dha.gov.au to read about the benefits of investing in Defence Housing Australia property.

Land details

Area: 721m²

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