Investor's Dream - This low-set family home offers an exceptional investment opportunity in the highly sought-after suburb of Mitchelton. Leased through Defence Housing Australia (DHA) until 2026, the property guarantees a solid rental income of $860 per week, with annual rent reviews to ensure market alignment. Tucked away on a serene, leafy street just 8km from Brisbane's CBD, this home combines peaceful suburban living with easy access to the city.
The property boasts four generously sized bedrooms and two separate living areas, all situated on a comfortable 450sqm block. It's surrounded by other quality homes in a welcoming community. The location is superb, with Mitchelton State High School, Mitchelton Primary, and other esteemed schools close by. Public transport options are convenient, with a bus stop within walking distance and Mitchelton Train Station just a 5-minute drive away, providing direct routes to the CBD. You'll also be within walking distance of the popular Blackwood Street Café & Restaurant Precinct and Brookside Shopping Centre, offering an array of dining and shopping options.
With Brisbane's property market experiencing rapid growth and predictions for continued appreciation, now is the ideal time to secure a reliable investment in Queensland. The DHA lease ensures continuous rental income, providing a worry-free investment experience, even during periods of vacancy. This property is perfect for investors nationwide, those looking to grow their superannuation funds, or individuals starting their property portfolio who want a safe, secure entry into the market.
Property Highlights:
4 spacious bedrooms, each with built-in wardrobes
Master bedroom featuring an ensuite and walk-in robe
Modern kitchen with contemporary appliances
Main bathroom equipped with a separate shower and bath
Open-plan living, dining, and kitchen area
Air conditioning and ceiling fans throughout
Double lock-up garage with remote control access and internal entry
Covered outdoor entertainment area
450sqm block
Approximately 8km from Brisbane's CBD
DHA Lease Advantages:
Guaranteed, timely rent payments, regardless of tenancy status
Annual rent assessments by an independent reviewer
DHA covers most non-structural maintenance costs
Full lease-end restoration (subject to DHA Lease Agreement)
No re-letting fees
Opportunities like this are rare, so get in touch to arrange a private inspection!
DHA Investment: This property is for sale on behalf of a DHA lessor, with an active DHA Lease Agreement in place. Visit dha.gov.au for more details on investing in a DHA property. Please note, per DHA regulations, this property is available for private inspections only to pre-qualified buyers.
While the information provided has been gathered from reliable sources, we recommend that interested parties conduct their own research and seek independent legal advice to ensure all details are accurate.
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