$537,500

4 Bed  •  2 Bath  •  2 Car  •  649m²

Main view of Homely house listing, Address available on request
Second view of Homely house listing, Address available on request
Third view of Homely house listing, Address available on request
+15

Sold

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$537,500

  • 4
  • 2
  • 2
  • 649m²

House Sold on Tue 2 May, 2023

What's around Port Kennedy

House description

“Rare Defense Housing Australia Lease - Set And Forget Investment Opportunity”

Located in the heart of the beautiful Kennedy Park Estate in the seaside suburb of Port Kennedy. The double brick structure includes 214m2 of living, 256m2 under the main roof and a very generous 649m2 block. The property was built to comply with the very high standards of the DHA (Defence Housing Australia), and is leased by the DHA with an expiry date of 19 June 2027, currently returning $540 per week. The lease is registered on the property title and therefore legally has to be honoured by both lessor and lessee, however the owner of the property may resell the property at any time.

DHA leases include many benefits to the owner including a guarantee of monthly returns covering 365 days of every year until the lease expiry date - whether the property is occupied or not. No downtime due to tenant change over or necessary repairs or maintenance between tenants. Importantly, the lease also ensures that upon expiry of the lease, the DHA will repaint the property throughout, install new carpets throughout and will restore any damage caused by tenants to the original condition. At the end of the lease, the property will be released to the owner in a "Ready To Be Re-Leased" or For Sale Condition.

Bonus Features:
- Ducted Air Conditioning in all living areas
- Insulation to the roof space of the home
- Automatic Reticulation to the gardens

Features of the Home
- Entry - from a small front veranda and security door
- Lounge - overlooks the front of the home
- Family/Dining/Games - Expansive living spaces open plan to the kitchen and overlook the side gardens. Also opens to the patio and outdoor entertainment area
- Kitchen - is spacious and provides plenty of storage options. It features stainless appliances - an electric wall oven, 4 burner gas hob and rangehood, a corner walk-in pantry, fridge + microwave recesses and plenty of cupboards and bench space
- Master Bedroom - is positioned at the front of the home and includes a generous parents retreat and walk-in robe
- Ensuite - includes a shower, vanity with storage and WC
- Bedrooms 2, 3 + 4 - are all double or queen-sized and include built-in robes
- Bathroom - features a separate shower, bath and vanity with storage
- Laundry - includes a linen cupboard and separate WC

Outdoor Features:
- Garage - is double with an auto door and shoppers entrance to the home
- Parking - extra off-street parking for multiple vehicles
- Patio - a paved colour bond structure is accessed from the games area
- Gardens - are very low maintenance with extensive paving to the rear and plenty of lawned areas for children and pets to play securely to the rear

Locations:
This property is centrally and very conveniently situated within only minutes of the most frequented local amenities, services and attractions
- Kennedy Kids Childcare - 4 minute drive
- Creative Learning + Play - 3 minute drive
- YMCA OSHC Club - 3 minute drive
- Endeavour Primary School - 3 minute drive
- St Bernadette's Primary School - 3 minutes drive
- Rockingham Montessori School - PK Campus - 5 minute drive
- Alta-1 College - 3 minutes drive
- Living Waters College (pre kindi - yr 12) - 6 minute drive
- PK Shopping Centre + IGA - 4 minutes drive
- Lark Hill Sports Complex - 6 minute drive
- Port Kennedy Golf Links - 6 minute drive
- Port Kennedy Boat Launch Facility - 7 minute drive
- Port Kennedy Vet Hospital - 5 minute
- Port Kennedy Tavern - 4 minutes drive
- Port Kennedy Beach - 5 minute drive

Defence Leases Are Set and Forget - No Down Time Benefits and the Perfect Presentation Hand Back Benefits make it a very attractive, solid No Risk option. This property represents a prudent and profitable addition to any investment portfolio.

To avoid disappointment, be the first to contact Peter Padovan on 0414 958 256 for further information regarding this property. This property is available to be inspected by appointment only.

Building details

Area: 214m²

Land details

Area: 649m²
Fourth view of Homely house listing, Address available on requestView more
Fifth view of Homely house listing, Address available on requestView more

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