3 BEDROOMS PLUS STUDY - LEASED UNTIL DEC 2022 + 3 YR OPTION. RENTAL YIELD 5.7%.
If you are searching for a no fuss investment, this modern 3 BR home plus study, is located in the sought after tonwsville suburb of Bohle Plains and will suit you perfectly! There is a secure DHA (Defence Housing Australia) lease in place with your rent guaranteed until the end of the lease in December 2022 with a 3 year option. Currently rented at $390pw and returning an excellent investor yield of 5.56%, sure to satisfy the banks. Modern and spacious and perfect for investors looking for good long term growth and the security of guaranteed rent from the DHA (Defence Housing Australia) lease. 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, you can make the choice to sell, rent out or live in yourself after DHA conduct their end of lease make good. With Townville experiencing some of the highest rental yields in the country, vacancy rates continuing to come down and property experts reporting Townsville is on the way back from it’s previous downturn, now is the perfect time to consider to investing in to the region. PROPERTY FEATURES: * Modern lowset brick home * 3 Large Bedrooms PLUS FULL SIZE STUDY. * Master Bedroom inc Main with Ensuite, WIR and Air Con * 2 Separate living areas inc Family/Rumpus and Living/Dining * Air conditioning * DLUG * Double gate side access for storage of caravans/boats/vehicles etc. * Outdoor undercover patio/entertaining area * 533 sqm block LEASE DETAILS : * Lease edition 6B * Lease start date 6/12/2010 * Lease end date 5/12/2022 * 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. CURRENT GROSS RENT for 2021 : $390pw 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 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. * Photos are supplied under agreement by DHA, and are for illustration purposes only.
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