Address available on request

Neat, well maintained investment property located in the popular suburb of Warner, only 22 km from Brisbane's CBD. This property is for sale on behalf of a DHA lessor and has a DHA lease in place. (Visit www.dha.gov.au to learn about the benefits of investing in DHA property). Situated in picturesque Warner Lakes, the home is ideally located amongst leafy walking tracks, lakes and parks. This neat four bedroom home is an ideal way to enter the property investment market. With median prices in the area of $660,000 & median rent of $480/week, the investment potential for this property outweighs many in the area.

LEASE DETAILS
• Lease start date: 07/07/2009
• Lease end date: 06/07/2024*
• Current Rental per week: $510.00
• Lease option: NIL
• Right to vary 1 x up to 12 months Reduction and 1 x up to 12 months Extension
* Option and right to vary is at the discretion of DHA.

PROPERTY FEATURES:
- Good sized block of 492 m2
- Modern kitchen and appliances
- Large open plan kitchen/dining and family rooms
- Carpeted bedrooms with BIR, ceiling fans and security screens
- Master bedroom with A/C, ensuite and BIR
- Double lock-up garage
- Undercover patio area
- Water tank and fully fenced yard

WHAT YOU SHOULD KNOW ABOUT INVESTING IN PROPERTY WITH A DHA LEASE:
* Guaranteed rent is paid 52 weeks a year regardless of vacancies
* Rent is paid a month in advance & is reviewed in December every year by a registered valuer
* Ultimately as an investor you are after a constant rental return combined with low maintenance and management fees to obtain a strong cash flow. 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 (see lease) which means you can decide to move in, rent privately or sell as you wish.

WARNER LAKES
Warner is 22km north-west of the Brisbane CBD and is a popular suburb with families and couples. The northern edges of the suburb graze the shores of Lake Samsonvale, which is a popular spot for freshwater fishing and water sports. The suburb is conveniently located, with Westfield Strathpine only a short trip away. Bray Park train station is about 7km east of Warner and trains run regularly into Brisbane City and to Caboolture. There are also a lot of parks and walkways in the suburb, with sporting facilities located in neighbouring suburbs.

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.

For more information please contact your DHA sales specialist - R&W Ascot