LONG TERM DHA LEASE UNTIL 2025 - RENTING AT $410PW - HIGH YIELD 5.78%
Looking for a long term investment property? If you are searching for a no fuss investment, this property located in Bohle Plains, Townsville will suit perfectly! With a secure DHA (Defence Housing Australia) lease in place for approx 6 more years with a three year option and your rent guaranteed until the end of the lease, your investment journey will be stress free. Currently renting at $410pw the property will yield a healthy 5.78% return for the owner. PROPERTY FEATURES: * Modern lowset brick home * 3 Bedroom inc Main with Ensuite, BIR and Air Con * 2 Separate living areas inc Family/Dining and Separate Lounge area. * Outdoor patio * 538sqm block with fully fenced rear yard. * Double Garage with electric roller door access & internal entry * Side access * Not flood affected. LEASE DETAILS : * Leased until 23-06-2025 * Option available : 1 x up to 36 month option * 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. * Current Gross rent $410pw and reviewed annually each December. 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 - the Defence Properties specialists. * In accordance with DHA regulations, we advise that this property will only be available for private inspections and to pre-qualified buyers. * Photos are supplied under agreement by DHA, and are for illustration purposes only. They have not been taken for the purpose of marketing the property and are therefore not of professional quality.
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