$395,000
4 Bed • 2 Bath • 2 Car • 709m²
New
Sold
Sold
Address available on request
$395,000
- 4Bed
- 2Bath
- 2 Car
- 709m²
House Sold on Sat 30 Jun, 2018
What's around Mount Sheridan
Get in touch with the agent to find out the address of this property
House description
“Rock Solid Investment Return of 4.36 NETT Defence leased until 2022 + 3yr option.”
Rock Solid Defence Housing Lease until 02/08/2022 !! + 3yr Option to extend . Weekly Gross Rent - $410 or NETT $ 17,863.32 per annum. Quality 4 brm family home. What a great investment - Zero vacancy rate with a Defence Australia lease your bank manager will love this!!
Genuine seller offering an EXCELLENT NETT return of 4.36 % - better than the banks these days.. Spacious 4 bedroom family home located in popular & family friendly Mount Sheridan, with mountain views from the back yard & is amongst quality homes & neighbours. Convenient access to Mount Sheridan Plaza shopping centre, nearby sporting facilities & bus transport to the city. Just set and forget while your investment is professionally managed by Defence Housing Australia (DHA) with their guaranteed lease in place until 2/08/22 + 3 yr option an ideal property for you Super portfolio!!
DHA Lease Summary
Lease edition: Edition 6B. Lease start date: 3 /08/2010 Lease end date: 02/08/2022
PLUS OPTION -
Lease option: 1 x up to 36 months (Note the option and right to vary is at DHAs discretion)
Right to vary: 1 x up to 12 months Reduction and 1 x up to 12 months Extension
Weekly Gross Rent - $ 410 or NETT ANNUAL RENT = $ 17,863.32 CLEAR AFTER D.H.A. MANAGEMENT FEES AND GST.
DHA Lease Edition 6B provides for lease end restoration works completed at the termination of the lease. 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.
Guaranteed rent is paid 52 weeks a year. Rent is paid a month in advance. Rent is reviewed in December every year by a registered valuer. DHA Property Care maintenance package included.
For an independent review of the Cairns market potential please click on this link for a recent report. https://m.yourinvestmentpropertymag.com.au/property-tips/cairns-a-golden-market-245392.aspx
Land details
What's around Mount Sheridan
Get in touch with the agent to find out the address of this property