Address available on request

INVESTORS : Take advantage of this unique opportunity to own a piece of St Kilda's iconic landscape and enjoy the benefits of a prime investment property in one of Melbourne's most desirable suburbs just 7 km from the Melbourne CBD.

Discover the unparalleled investment potential of St Kilda, Melbourne, with this apartment leased to Defence Housing Australia (DHA) until 2028 with a 3 year option. Situated in one of Melbourne's most sought-after locations, this apartment offers a unique opportunity to secure a lucrative investment property in a thriving market.

St Kilda is renowned for its vibrant lifestyle, eclectic dining scene, and stunning beachfront views, making it a popular choice for investors and renters alike. With strong rental demand and high returns, investing in DHA is a smart move for those looking to grow their portfolio or secure a reliable income stream.

CURRENT RENT 2024 : $610PW and adjusted annually according to an independent professional valuation.

LEASE DETAILS :
* Lease start date 6/09/2022
* Lease end date 5/09/2028
* Lease option 1 x up to 36 months
* Right to vary 1 x up to 12 months Reduction and 1 x up to 12 months Extension
* All options/extensions are in DHA's FAVOUR.

APARTMENT FEATURES
* 2 bedroom apartment inc main with ensuite
* Carpeted througout
* Built-in-robes
* Air conditioning/heating.
* Open plan living
* Secure entrance,
* Secure undercover car space
* Storage cage next to parking space
* Built approx 2012

* Council Rates - Approx $1,040 per year
* Water Rates - Approx $667 per year (after water usage has been rebated by DHA)
* Body Corp fees $1326.80 per quarter (inc building insurance).

DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is tenanted
* Annual independent rent reviews
* Most 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

** 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 or conveyancer.