Address available on request

Looking for a secure investment return with rock solid tenant, in a top class neighbourhood. This excellent property achieves a gross rent return of $24,523.92 ( $470wk) p.a. so is yielding 5.10% - better than the banks these days!!!

Built in March 2005 to Defence Housing specifications & offering very spacious living with separate large lounge & family room plus a dining room served by a spacious central kitchen. Generous master bedroom suite incls. walk in robe & ensuite, +3 family bedrooms all include built in robes. Main bathroom incl.separate shower,bath + toilet. Fully tiled & air-conditioned throughout for cool easy care living.
Gross Rent Weekly $470.00, Nett PAID BY DHA PER CAL MTH $ 1,706.45 – just set and forget – DHA organise all the management & property maintenance.
At lease end DHA ensure the property is professionally cleaned; appliances are clean & in good working order; & the dwelling, grounds & landscaping are in a neat & tidy condition.
Where the lease term is 6 years or longer, DHA paint the property internally. Where the lease term is 9 years or more, we also replace the carpet and paint the external structure . Note – this lease commenced in 2005 – which means it is over 9 years so internal internal & external repaint is included .) (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 learn the benefits of investing in Defence Housing Australia property)
In popular & prestigious Kanimbla Heights Estate - handy to the city & all major amenities, this is one of Cairns most sought after locations. This return on investment is better than a bank term deposit these days – and offers potential capital growth as well.