** INVESTORS ** This property presents the perfect option for those looking to start their property portfolio by offering investors the opportunity to choose to enter the market with an assurance of guaranteed rent from DHA (Defence Housing Australia) until 2029 plus 1 x 3 yr option that could take it through until 2032.
A DHA (Defence Housing Australia) lease offers the new owners amazing inclusions such as guaranteed rental income, a comprehensive property care/maintenance package, & annual independent professional rental valuations and adjustments, all of which are designed for stress free investing.
LEASE DETAILS :
* Lease date : 24/01/2020 to 23/01/2029
* Option: 1 x 3 year option
* Right to vary: 1 x up to 12 months Reduction and 1 x up to 12 months extension
* Note: The option and right to vary is at DHA’s discretion.
RENT: Current Gross rent for 2025 is $525pw and adjusted annually based on the assessment from independent professional valuer.
PROPERTY FEATURES
Built in 2018 this fully air-conditioned modern property features two bedrooms, both with built-in robes and carpet flooring. Cooling is further enhanced with tiled flooring throughout the living areas. The kitchen features stainless steel appliances including a dishwasher and stone bench tops. The laundry is complete with a clothes dryer. There is also a single undercover secure carpark.
Perfectly positioned to embrace coastal living, you'll be just moments from the beach, West Lakes Shopping Centre, and close to local favourites like the Royal Adelaide, Grange, and West Lakes Golf Clubs. Public transport options ensure an easy city commute while weekends can be spent enjoying nearby cafes, reserves, and the stunning beaches of Tennyson and Grange.
SUBURB INFORMATON :
Royal Park is a highly convenient and well-connected suburb in Adelaide's western suburbs. Located approximately 12 kilometres northwest of the Adelaide CBD, this area offers a fantastic lifestyle with the city and the coast within easy reach. Residents benefit from a range of amenities, including nearby shopping at Westfield West Lakes and a variety of local cafes and eateries. Commuting is made simple with excellent public transport options, including train and bus routes, and easy access to major roads. This peaceful, well-established suburb presents an ideal blend of suburban tranquility and urban accessibility.
RATES & STRATA:
Council - $346 per quarter
Water - Approx $127 per quarter (DHA rebate usage of approx $50 per quarter)
Strata fees - Approx $344 per quarter
DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is tenanted
* Annual independent rent reviews
* Most non structural maintenance paid for by DHA
* The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement).
* Zero re-letting fees
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.
** A note for Owner Occupiers -This property is sold with a DHA (Defence Housing Australia) lease in place which offers significant benefits to the investor however can’t be occupied by the owner/s until the lease ends **
***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 Sharon Richter of Hudson Property Agents. In accordance with DHA regulations, we advise that this property will only be available for private inspections and must be coordinated by the agent with the tenants.
Information provided above has been obtained from various sources which we believe to be accurate, however, Hudson Property Agents accept no liability for any errors or omissions, including but not limited to a floorplan, lease dates, build date, land size, floor plans and size, and property condition. Interested parties should make their own enquiries and conduct their own due diligence in addition to obtaining legal advice from their appointed solicitor.
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