Address available on request

Built in 2007 this modern two-storey townhouse will be move-in ready, with new carpets and a fresh coat of paint, after the DHA (Defence Housing Australia) lease expires in April 2022, alternatively, it is also attractive to potential investors, based on its highly sought after location.

Featuring 3 spacious bedrooms and 2 bathrooms upstairs, the master bedroom also includes a generous walk-in-robe. The property offers the perfect amount of space over 2 levels, with a large modern kitchen overlooking a dining/lounge area, the sliding glass doors from the dining room lead to an undercover outdoor entertainment area and well maintained, fully fenced rear courtyard.

Nelson Bay is currently an in-demand area, with only a 10 minute stroll to Dutchmans Beach and 4 minute drive (or 17 minute walk for those willing) to Nelson Bay Marina, this townhouse offers low maintenance living at its best in the perfect location.

Built approximately 2007 and currently rented at $475pw, this DHA investment property's rental income is assessed annually (each December) and rental income is guaranteed until the end of the lease.

For investors, this property offers the astute buyer a no-fuss, stress-free investment with rental income guaranteed every week by Defence Housing Australia (DHA). For prospective owner-occupiers not in a rush to move in, this property will benefit from DHA restoration work at the end of the lease (2nd April 2022), including new carpets and paint.

PROPERTY FEATURES:
* Modern low maintenance 2-storey townhouse
* 3 large bedrooms incl. main with ensuite, WIR
* Split system air conditioning throughout
* Open plan living area incl. lounge/dining
* Modern kitchen with plenty of cupboard space
* Tiled dining and carpeted lounge and bedrooms
* Safety screens throughout
* Outdoor covered patio
* Double lock-up auto garage with internal entry access
* Built 2007
* Council Rates - approx. $1,560 per annum
* Water Rates - approx. $480 per annum (water usage reimbursed by DHA)

CURRENT LEASE FEATURES :
* Lease start date: 03/04/2013
* Lease end date: 02/04/2022
* Lease option: Used
* Right to vary: Used
* Note: The option and right to vary is at DHA’s discretion.

CURRENT RENT : $475pw and assessed annually.

DHA LEASE BENEFITS:
* 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).
* A rental floor may apply to the DHA Lease Agreement (applicable to specific lease editions & applies to commencement rent).

These are just some of the benefits of the DHA lease attached to this property. Enjoy all the benefits of rental guarantee and a no fuss investment property; let DHA do all the hard work for you.

* Investing with DHA - This property is for sale on behalf of a DHA Lessor and has a DHA Lease Agreement in place. Visit dha.gov.au to learn about the benefits of investing in a DHA property. If you would like to arrange an inspection please contact Jennifer Andrew of Hudson Property Agents on 0414 207 279 - the Defence Properties specialists.
* In accordance with DHA regulations, we advise that this property will only be available for private inspections and to pre-qualified buyers.
* Photos are supplied under agreement by DHA & not been taken for the purpose of marketing.