INVESTOR WANTED! DHA LEASE IN PLACE.
Townsville is experiencing high rental yields, experts are reporting Townsville is still offering good capital growth options.
DHA (Defence Housing Australia) Lease.
Offers guaranteed Rental Income.
Comprehensive property care/maintenance package.
Annual independent rental valuations and adjustments (designed for stress free investment).
Investor can be located anywhere in the country.
Looking for a secure property portfolio.
Selling to another Investor at any time during the lease.
Having a current DHA (Defence Housing Australia) lease in place with rent guaranteed until the end of the lease locked in until September 2026 , with the option to extend. Once the lease ends the home will be re-carpeted and re-painted inside & out before being handed back.
*You can then do as you like - Move in! rent privately!
*Also discuss with DHA their requirements for a longer term lease basis with the potential of a new lease.
LEASE DETAILS:
*DHA lease version 8
*Lease start date 14/9/23
*Lease end date 13/9/2026
*Lease option 3years
CURRENT GROSS RENT for 2024: $ 560 per week adjusted December each year in December according to an independent professional valuation using comparable rental information.
PROPERTY DESCRIPTION:
Built: 1999 Approx. built for DHA
Spacious family size home & yard.
Allotment 804m2.
• FRONT PORCH ENTRY into Entry Foyer.
• 4 BEDROOMS - (Main 3.9 x 3.3 with Ensuite, Built-in Wardrobe, Air-Con & Fan).
(Bedrooms 2,3,4 sizeable & carpeted, air-conditioned & with fans - bedrooms 2 & 3 with built-in robes & 4th nursery room or study).
• BATHROOMS X 2 (Ensuite to main (shower vanity & toilet) + (Family Bathroom shower cubicle, bath & vanity toilet adjoining).
• KITCHEN - 5.4 x 2.8 *Galley Style (great storage - large walk-in pantry & long counter top and cabinetry storage).
• LIVING /DINING ROOM 6.9 x 4.6.
• FAMILY ROOM + MEALS AREA OR MUSIC ROOM 7.5 x 3.6.
• OUTDOOR BBQ / ENTERTAINMENT PATIO - (double glass door opens into the family room).
• GARAGE (vehicle space x 2 with auto opening).
• SECURITY SCREENS & DOORS throughout.
• BACK YARD (has double gate entry) great for parking of boats/caravans).
• GARDEN SHED.
• LAUNDRY (opens out to outdoor drying area).
A lovely street address in a popular sort after suburb of Townsville, walking distance to schools & sporting facilities, bikeways and parks throughout the district.
Convenient access to the following:
ANNANDALE SHOPPING CENTER, FAIRFIELD SHOPPING PRECINCT, CHILD CARE FACILITIES, 5 X SCHOOLS (Primary & Secondary).
MURRAY SPORTING FACILITIES.
Quick easy access to the City Heart, Lavarack Army Barracks, Townsville University Hospital, University.
PRIVATE VIEWINGS ONLY AVAILABLE ON THURSDAYS:
CONTACT AGENTS
BRAD READ OR LESLEY ROWAN
TOWNSVILLE RIVERSIDE PROPERTY.
Phone 0401274555 (B) or 0400516143 (L). to arrange your viewing.
*Investing with DHA - A DHA Lessor is looking to sell this property with a DHA Lease Agreement in place.
* Benefits of investing in a DHA property for details, visit dha.gov.
Example.
• Re-letting fees ZERO.
• 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 intitled to a lease-end make-good (refer to the DHA Lease Agreement).
Mortgage Calculator
$3,078
Estimated monthly repayments based on advertised price of $550000.
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