Address available on request

This sophisticated contemporary executive home, located on a huge 976 sqm lot is a standout for an investor. Currently leased to Defence Housing Australia (DHA) and for sale on behalf of a DHA lessor. Rented at $635 per week, the initial lease has over 5 years remaining, expiring on 01/08/2028 plus a 3-year option. The dwelling features high end inclusions and luxurious features, not commonly associated with an investment property. Investment properties of this calibre and long lease term are highly sought after, however are rarely offered to the market. Be quick, as this outstanding property will not last !

Dwelling Features
• 4 built in bedrooms with customised cabinetry
• Extra storage robes in the study, laundry, hallway and garage
• Ducted air-conditioning throughout (5 zones)
• Coffered entry & lounge ceiling with 3 step cornice throughout
• Stacked stone feature façade, raised porch roof with timber infill & deck
• Timber joinery to the front windows
• Plantation shutters to study, media room and master bedroom
• Luxurious master bedroom with ensuite and walk-in robe.
• Expansive open plan living space serviced by a well-appointed kitchen with ILVE appliances including a gas cooktop
• Media room and study
• A private outdoor entertaining area overlooks the fully fenced rear yard
• Double lock up garage
• Detached 6m x 9m shed serviced by an exposed aggregate driveway
• Located in the northern growth corridor of Toowoomba, with easy access to the Highfields town centre and civic precinct


DHA Lease Summary:
Lease end date: 01/08/2028
Rent for 2023: $635 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 Benefits:
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]