Address available on request

This neat, compact home is perfect for your first investment property. The home 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 a DHA property). This means guaranteed rent is paid 52 weeks a year regardless of vacancies (currently $420/week). Fundamentally, what you want is guaranteed rent or a good tenant that will provide an ongoing income stream into the long term. A strong cash flow is the key ingredient to making a sound investment. The low-risk, minimal hassle, steady return option. At the end of the lease, there are lease-end restoration obligations by DHA (as per the lease) which means you can decide to move in, rent privately or sell as you wish.

LEASE DETAILS
Rental guarantee: $420 per week
Lease start date: 11/11/2010
Lease end date: 10/11/2022
Lease option: 1 x up to 36 months (Note the option and right to vary is at DHA's discretion)
Right to vary: 1 x up to 12 months Reduction and 1 x up to 12 months Extension
**All options and variations are exercised at DHA's discretion.
Rent is reviewed in December every year by a registered valuer

FEATURES
* Compact design
* Neutral tones throughout
* Easily maintained tiled living spaces
* Separate lounge room
* Air conditioning and ceiling fans
* Security screens and doors
* Water tank
* Undercover alfresco area
* Double lock up garage
* Built 2009

SUBURB OVERVIEW - NORTH LAKES
Located about 28km north of Brisbane, North Lakes is a great location for investors. The master planned community boasts a Westfield Shopping Centre, Ikea and Cosco, with many newly established schools and community/sporting facilities. The nearest train stations are the Mango Hill & Mango Hill East train lines on the Redcliffe Peninsula line, while the airport is 35 minutes away in Brisbane. The suburb is well positioned near the Bruce Highway, and trips to the Sunshine Coast only take 45 minutes.

For more information or to arrange a private inspection please contact me at Richardson & Wrench Wilston/Windsor, your DHA specialist.

** In accordance with DHA regulations we advise that this property will be available for private inspection only and to pre-qualified buyers only. Photos are supplied under agreement by DHA and are for illustration purposes only.