Address available on request

This comfortable brick veneer family home, located in the Toowoomba suburb of Kleinton is a standout for an investor. Currently leased to Defence Housing Australia (DHA), and for sale on behalf of a DHA lessor. Rented at $550 per week, the initial lease has over 6 years remaining, expiring on 16/05/2029 plus a 3-year option. Investment properties with long lease terms and guaranteed rent are highly sought after but are rarely offered to the market. Be quick, as this property will not last !

Dwelling Features:
• 4 bedrooms with ceiling fans & built ins
• Generous master bedroom with external sliding door is air conditioned and includes an ensuite and walk-in robe
• Two generous air conditioned living areas
• Open plan living space serviced by a well-appointed kitchen with gas cooktop and stainless steel appliances
• Double lock up garage
• A private outdoor entertaining area overlooks the large fully fenced rear yard.
• Security screening throughout
• Large 954 square metre lot
• Proximity to Highfields Village Shopping village, parkland and recreational facilities
• Conveniently located close to Borneo Barracks at Cabarlah, with proximity to Swartz Barracks at Oakey

DHA Lease Summary:
Lease edition: Edition 6c
Lease end date: 16/05/2029
Rent for 2022: $550 per week

DHA Lease Options and Variations:
Lease option: 1 x up to 36 months (Note the option and right to vary is at DHA's discretion)
Right to vary: 1 x up to 12 months Reduction and 1 x up to 12 months Extension

DHA Lease Features:
DHA guarantee to pay the rent 52 weeks per year even if the property is vacant.
Rent is paid a month in advance and is reviewed in December every year by a registered valuer.
DHA Property Care, an all-inclusive service fee, covers a range of property related services.
The property is cleaned at the end of each tenancy period.
The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement).

Visit www.dha.gov.au to learn about the benefits of investing in DHA property.
In accordance with DHA regulations we advise that this property will be available for private inspection only and to prequalified buyers only. Photos are supplied under agreement by DHA and are for illustration purposes only.

To receive a copy of the Information Memorandum, or to arrange a private inspection, contact your DHA specialist agent at Place Projects, Dean Dederer on 0429 433 018 or [email protected]