$769,000

4 Bed  •  2 Bath  •  2 Car  •  694m²

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$769,000

  • 4
  • 2
  • 2
  • 694m²

House for sale14 days on Homely

What's around Mount Louisa

House description

“Secure a Long-Term DHA Investment in Blue-Chip Mount Louisa”

Positioned on a generous 694sqm corner allotment in one of Mount Louisa's most established and tightly held pockets, this well-maintained four-bedroom residence presents an outstanding opportunity for the astute investor seeking secure, hassle-free returns.

Leased to the Defence Housing Australia (DHA) until 10 December 2029, this is an investment designed for those who value certainty, stability and long-term income. With the lease already in place, there is no opportunity for owner occupation during the lease term, making this a genuine set-and-forget addition to any investment portfolio.

Inside, the home offers a practical and spacious layout with two separate living areas, providing flexibility for family living while enhancing long-term tenant appeal. Tiled flooring throughout delivers a low-maintenance finish, while split system air conditioning to every room ensures year-round comfort in the North Queensland climate.

The central kitchen overlooks the open-plan living and dining area before flowing effortlessly to the covered outdoor entertaining space. Four well-proportioned bedrooms are serviced by two bathrooms, including a master suite complete with walk-in robe and private ensuite. Outside, the fully fenced backyard provides plenty of space while the prominent corner position offers excellent street appeal and future resale appeal once the lease concludes.

Set amongst quality homes and just minutes from schools, shopping, parks and major transport links, the location continues to be one of Mount Louisa's strongest performing family precincts-adding another layer of confidence for long-term investors.

Property Features at a glance:
- Four generous bedrooms
- Two bathrooms, including ensuite to the master
- Two separate living areas
- Central kitchen overlooking the living and dining spaces
- Fully tiled throughout for easy maintenance
- Split system air conditioning throughout including all bedrooms
- Covered outdoor entertaining area
- Double remote garage with internal access
- Fully fenced 694sqm corner allotment
- Concrete walk paths around the entire property
- Excellent street appeal in a sought-after Mount Louisa location
- Leased to DHA until 10 December 2029
- Ideal addition to a self-managed super fund or long-term investment portfolio

Lease Details at a glance:
- Current gross rental of $2,913.30 per month (Works out at approximatley $672 per week)
- Guaranteed monthly rent whether the property is vacant or occupied
- Lease end date 10/12/2029 (no option to vary)
- Most maintenance handled and paid for by DHA
- Potential for end of Lease make-good handover (Refer to DHA lease terms)

For further information, please contact Adrian Raiteri today.

Disclaimer: While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies, and we accept no liability for any errors or exclusions (including but not limited to a property's land size). Accordingly, all interested parties should make their own enquiries and obtain their own legal advice.

Property features

livingAreas

Living Areas: 2

Land details

Area: 694m²

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