3BED + STUDY = INVESTOR OPPORTUNITY WITH LONG LEASE IN PLACE UNTIL 2025.
If you are searching for a no fuss investment, this property located in Edmonton, Cairns will suit perfectly! Located close to shops and schools and in a quiet cul de sac. A new DHA (Defence Housing Australia) lease has just been added and is in place until July 2025 with a 3 year option. Rental income is guaranteed until the end of the lease. If you are an looking to invest in property then purchasing a home with a lease in place to such secure tenants is the perfect option. It's a simple, uncomplicated opportunity for first time or experienced investors. PROPERTY FEATURES: * Modern lowset brick home * 3 Bedroom + STUDY inc Main with Ensuite, BIR and Air Con * 2 Separate living areas inc Family/Dining and Separate Lounge area. * Outdoor patio * 700sqm block with fully fenced rear yard. * Double Garage with electric roller door access & internal entry * Side access * Not flood affected. FUTURE LEASE DETAILS : * Leased until 4-7-2025 * Option available : 1 x 36 month option * Right to vary : 1 x up to 12 months reduction or 1 x up to 12 months extension * All options/extensions are in DHA's favour. * Current Gross rent $390pw and reviewed annually each December. (Current lease expires on 4/7/19) DHA LEASE BENEFITS: * DHA Guarantee to pay the rent even if the property is vacant * DHA Property care, an all-inclusive service fee, covers a range of property relates services. * The property is cleaned at the end of each tenancy period. * The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement). * A rental floor may apply to the DHA Lease Agreement (applicable to specific lease editions & applies to commencement rent). 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 & not been taken for the purpose of marketing.
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