Offers Over $530,000

2 Bed  •  1 Bath  •  1 Car  •  125m²

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Offers Over $530,000

  • 2
  • 1
  • 1
  • 125m²

House for sale56 days on Homely

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House description

“Address available on Request - Secure DHA Investment in The Village, Oonoonba”

Positioned within the highly regarded Village development, this Defence Housing Australia leased property presents a secure, low-maintenance investment opportunity for buyers seeking reliable rental income and long-term peace of mind.

Purpose-built in 2018 by Ellis, the home has been designed to maximise space, comfort and practicality, offering an easy-care layout that will appeal to investors wanting a true set-and-forget asset. With Defence Housing Australia in place as the tenant, this property provides the benefit of a structured lease arrangement, consistent rental income and minimal day-to-day management.

Currently returning $475 per week, with rent reviewed annually on 1 January, the property is leased until 19 November 2027, with DHA holding a further three-year extension option through to 19 November 2030.

Inside, the home offers two well-proportioned bedrooms, a central bathroom with ensuite-style access from the master bedroom, and a thoughtfully designed living area that makes excellent use of the available space. Fully air conditioned throughout, the home provides year-round comfort, while the low-maintenance block, front and rear access, and single lock-up garage add further everyday practicality.

Set within The Village, residents enjoy access to walking tracks and scenic surrounds, while remaining close to shops, schools, childcare facilities and the Fairfield Homemaker Centre. The location also offers excellent convenience, positioned approximately five minutes from the heart of the city and around ten minutes from the Army Barracks, James Cook University and Townsville University Hospital.

For investors seeking a secure long-term lease, a low-maintenance property and the backing of a DHA tenancy structure, this is an opportunity well worth considering.

Property Features:

• Defence Housing Australia leased investment
• Current rent of $475 per week, reviewed annually on 1 January
• Lease in place until 19 November 2027
• DHA three-year extension option through to 19 November 2030
• Built in 2018 by Ellis
• Two bedrooms and one bathroom
• Ensuite-style bathroom access from the master bedroom
• Fully air conditioned throughout
• Well-designed floor plan maximising space and comfort
• Easy-care block with front and rear access
• Single lock-up garage
• Located within The Village
• Close to shops, schools, childcare and Fairfield Homemaker Centre
• Approximately five minutes to the city
• Approximately ten minutes to the Army Barracks, James Cook University and Townsville University Hospital

Important Note: This property is leased to Defence Housing Australia, with the current lease in place until 19 November 2027 and a further three-year extension option available to DHA through to 19 November 2030.

DHA Lease Benefits:

This property is offered with the security and convenience of an existing Defence Housing Australia (DHA) Lease Agreement, providing investors with a reliable, low-maintenance investment opportunity.

Key benefits may include:

• Guaranteed rent paid on time, every time, regardless of whether the property is occupied
• Annual independent rent reviews
• Most maintenance paid for by DHA
• No re-letting fees

These are just some of the advantages associated with the DHA lease attached to this property. Enjoy the confidence of a rental guarantee and the ease of a low-fuss investment while DHA manages much of the day-to-day responsibility.

Investing with DHA:

This property is for sale on behalf of a DHA lessor and is subject to an existing DHA Lease Agreement. To learn more about the benefits of investing in a DHA property, please visit dha.gov.au.

In accordance with DHA requirements, this property is available for private inspections only and only to pre-qualified buyers.

To arrange an inspection, please contact Mark Pritchard from Explore Property on 0419 705 796.

Information provided above has been obtained from sources deemed reliable; however, Explore Property accepts no liability for any errors or omissions, including but not limited to floor plans, build date, land size, property dimensions and property condition. Interested parties should make their own enquiries, conduct their own due diligence and obtain independent legal advice from their appointed solicitor or conveyancer.

Property features

airConditioning

Air Conditioning

builtInRobes

Built-in Robes

courtyard

Courtyard

dishwasher

Dishwasher

outdoorEnt

Outdoor Entertaining

remoteGarage

Remote Garage

secureParking

Secure Parking

toilets

Toilets: 1

Building details

Area: 82m²

Land details

Area: 125m²

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