Address available on request

Currently under long term lease to Defence Housing Australia (DHA) until 2025 at $375 per week, an ideal consideration for local & interstate investors, private superannuation funds, astute investors looking for security and a high value tenant, and those seeking quality additions to an investment portfolio. Please note that DHA leased properties have regular rent reviews to keep up with increasing rents in the market place.

This property is for sale on behalf of a DHA lessor and has a DHA lease in place visit dha.gov.au to learn about the benefits of investing in DHA property.

Weekly rent: $375.00
Lease end date: 22/03/2025
Next rent review: 31/12/2017
Lease Option: 1 x up to 36 months extension (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

This stunning townhouse offers 3 bedrooms with the master bedroom complete with ensuite and large built-in robe, the remaining two bedrooms also have built in robes. Both the separate main living room and kitchen are located on the lower level of the property's floor plan and the kitchen is open plan with the dining room which opens up to the outdoor under main roof entertaining area to make for seamless indoor and outdoor living and entertaining.

Other features that enhance the investment;

- Double garage with rear access
- Rear undercover outdoor entertaining under main roof
- Generous kitchen & dining room
- Gas cooking
- Ducted reverse cycle air conditioning
- Large separate living room on the lower level
- Fully established front and rear gardens
- Surrounded by other quality establish homes
- No lost rent through vacancy periods
- Range of maintenance costs covered under the lease agreement
- Valuable property refurbishment package at the end of the lease

With a Long Term secure lease agreement until 2025 with an option for a further 3 year extension this property will be an exceptional long term investment which has been matched with the perfect secure and reliable tenant being Defence Housing Australia.

For all enquiries and to arrange to view this property please call Craig Costello on 0448 212 066 or email [email protected] all inspections are by private appointment.

Specifications:
CT/ 6107/296
Council/ City of Port Adelaide Enfield
Zoning/ MFP
Built/ 2015
Land/ 189m2
Frontage/ 7m
Council Rates / $930pa
SA Water Rates / $165pq

The accuracy of this information cannot be guaranteed and all interested parties should seek independent advice.