$395,000

4 Bed  •  2 Bath  •  2 Car  •  712m²

Main view of Homely house listing, Address available on request
Floorplan of Homely house listing, Address available on request
Second view of Homely house listing, Address available on request
+11

Sold

Address available on request

Copy address

$395,000

  • 4
  • 2
  • 2
  • 712m²

House Sold on Thu 4 Feb, 2021

What's around West Wodonga

House description

“DHA SECURE INVESTMENT LEASED UNTIL JAN 2022. INVEST NOW AND LIVE IN AT LEASE END!”

This beautiful four-bedroom home is a blue-chip investment. Currently under lease to DHA (Defence Housing Australia) with guaranteed rent. Located in West Wodonga & surrounded by modern built prestigious properties. Situated close to everything you could need including schools, shops, and public transport. Featuring a modern layout with tiled living area and carpeted bedrooms.
You will receive guaranteed rent from the perfect tenant (DHA), that will provide an ongoing income stream. Strong cash flow is a key ingredient to making a sound investment such as this. While independent residentially leased properties are vulnerable to fluctuating demand and potentially unstable flow of rent, there is no risk of vacancy costs with your DHA property. Even if the property is without a tenant for some time, DHA will still pay the rent while it's vacant. At the end of the lease in January 2022 , you can make the choice to sell, rent out or live in yourself after DHA conduct their end of lease 'make good'.

PROPERTY FEATURES:
* Modern lowset brick home
* 4 Bedroom inc Main with Ensuite, WIR
* 3 Separate living areas inc Family/Rumpus, Living and Dining
* Ducted heating and cooling throughout
* Outdoor Alfresco entertaining area
* 712 sqm block
* Built approx 2003

LEASE DETAILS :
* Lease edition 5B
* Lease start date 19/01/2007
* Lease end date 18/01/2022
* Lease option Used
* Right to vary 1 x up to 12 months Reduction

CURRENT GROSS RENT for 2021 : $425pw and reviewed annually.
COUNCIL RATES : Approx $2650 pa

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.
* 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 to pre-qualified buyers.

Property features

airConditioning

Air Conditioning

builtInRobes

Built-in Robes

ensuites

Ensuites: 1

fullyFenced

Fully Fenced

outdoorEnt

Outdoor Entertaining

remoteGarage

Remote Garage

toilets

Toilets: 2

Other features

0

Land details

Area: 712m²

Documents

Statement of Information: View

Interactive media & resources

Third view of Homely house listing, Address available on requestView more
Fourth view of Homely house listing, Address available on requestView more

Contact the real estate agent

This property has been sold
But you can still contact the agent
, Address available on request
By submitting your enquiry, you agree to our Privacy Policy.

Nearby schools in and around West Wodonga, VIC

Top reviews by locals of West Wodonga, VIC 3690

Discover what it's like to live in West Wodonga before you inspect or move.

Discussions in West Wodonga, VIC

Wondering what the latest hot topics are in West Wodonga, Victoria?

Similar Houses for sale in West Wodonga, VIC 3690

Properties for sale in nearby suburbs

Report Listing