* Currently Tenanted to September 2025*
In a wonderfully quiet cul-de-sac, surrounded by quality homes, in the coveted suburb of Middle Ridge, sits this lovely, beautifully presented (you'll be pleasantly surprised at inspection - the photos do it no justice) home.
Currently leased to Defence Housing Australia (DHA) at $685 per week, until September 29, 2025 this property is perfect for those wanting a “set-and-forget” property to add to their portfolio.
Alternatively, it's ideal for those wanting to “park” their next flip project or get their hands on a home, in an esteemed location, at an entry level price. It's definitely a home worth waiting for as there's a substantial DHA bonus at the end of the lease (read below).
HOME HIGHLIGHTS:
• Quiet, Leafy Cul-de-sac location
• Low-Maintenance Block
• 2 x Living Areas
• 4 x good-sized Bedrooms
• 3 with Built-in Robes
• Master with Ensuite +
• Walk-in Robes
• Ceiling Fans
• Large Lounge + Dining
• Air-conditioning in lounge
• Separate Family Room
• East-facing Alfresco Area
• Kitchen is dated, but spacious
• Ample Bench space
• Gas Cooktop + Electric Oven
• Double Garage
• Fully Fenced
• Close to Golf Course, Schools and more.
END OF LEASE BONUS: In accordance with DHA, upon the lease expiry, the following works will be undertaken before returning the property to the owner:
• Internal Paint
• External Paint
• Carpet Replacement throughout
SUBURB OVERVIEW:
• Median House Price (Sept'24) $924,000
• Median Rent Price ($625pw)
• 12 month Price Growth (Sept'23 to Sept'24) 9%
(Source: RPData Suburb Statistics Report - Middle Ridge - October 10th, 2024)
Whether you're looking for a brilliant investment opportunity with higher than median rental return or your future home, this simple, yet well-appointed and low-maintenance property, in such a high calibre location, is the superior choice.
PHOTOS + PRIVACY: Apologies for the sub-standard photographs and limited details on location, due to DHA guidelines, privacy is of the utmost importance and photos have been provided. You'll be pleasantly surprised by how good it looks in person, even the aquamarine bathrooms are fabulous.
INSPECTIONS: By appointment only, please contact Amy on 0400 018 849 to organise your viewing.
DHA LEASE SUMMARY:
• Guaranteed Rent: $685 per week
• End Date: 29 September 2025
• DHA Lease Options and Variations: Nil
• DHA guarantee to pay the rent even if the property is vacant.
• 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) Investing with DHA
• 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.
• 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
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