Address available on request

If you are seeking the perfect investment opportunity, then look no further! With a secure DHA (Defence Housing Australia) lease in place, you have a guaranteed return until the end of the lease in October 2023, with the option to extend for an additional 3 years. Currently rented at $390/week and returning a gross yield of 5.81%, this is a sensational opportunity that your bank account will love!

Located in a quiet street in the leafy River Parks Estate, this property is surrounded by beautiful parkland, walking and cycling tracks, in a family-centric community.

With Townsville experiencing some of the highest rental yields in the country, vacancy rates continuing to come down and property experts reporting Townsville is on the way back from its previous downturn, now is the perfect time to consider investing in the region.

LEASE DETAILS:
• Lease Edition - 6B
• Weekly Rental Return of $390/pw
• Lease start date 17/10/2011
• Lease end date 16/10/2023, with the option to extend for 3 years

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 tenancy period, the property is cleaned and often refreshed

These are just some of the benefits of the DHA lease attached to this property. Enjoy all the benefits of a rental guarantee and a no-fuss investment property; let DHA do all the hard work for you. 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.

PROPERTY FEATURES:
• Modern low set brick home
• 3 Large Bedrooms with built-in robes
• Master Bedroom with Ensuite & Walk-In-Robe
• Family bathroom with separate bath and walk-in shower
• Dining/Family Room and Lounge
• Air-conditioned
• Double lock up garage with internal entry
• Security Screens
• Outdoor undercover patio/entertaining area
• 450 sqm block
• Built approx. 2010

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. In accordance with DHA regulations, we advise that this property will only be available for private inspections to pre-qualified buyers. Information provided above has been obtained from various sources from which we believe to be accurate, however, Explore Property Townsville accepts no liability for any errors or omissions, including but not limited to a Floorpan, build date, land size, floor plans and size, property condition. Interested parties should make their own enquiries and conduct their own due diligence in addition to obtaining legal advice from their appointed solicitor or conveyancer.