Kirwan, QLD 4817
INVESTORS NOTE - 5.9% MIN YIELD. RENTAL GUARANTEE OF $430PW. DHA LEASE UNTIL 2024.
INVESTORS : This home in Kirwan is perfect for investors looking for good long term growth and security. The DHA (Defence Housing Australia) lease offers the new owners guaranteed rental income, resulting in stress free investing, regardless of whether the home is tenanted. A DHA (Defence Housing Australia) lease offers the new owners guaranteed rental income, resulting in stress free investing, regardless of whether the home is tenanted. Ideal for investors from anywhere in the country, superannuation funds, and perfect for those starting their property portfolio and looking for a safe and secure option to get started. Positioned in the popular Townsville suburb of Kirwan, in the new estate of Willowbank, this house is in close proximity to WIllows Golf Course, WIllowbank park, local shops, public and private schools. PROPERTY FEATURES: * Modern lowset brick home * 4 Bedroom inc Main with Ensuite, WIR and Air Con * 2 Separate living areas inc Family, dining and Lounge * Bathroom has separate toilet * Outdoor entertaining area * 645 sqm block * Built approx 2010 * Airconditioning and ceiling fans throughout. * Security Screens LEASE DETAILS : * Lease edition Edition 5B * Lease start date 13/11/2009 * Lease end date 12/11/2024 * Lease option 1 x fixed 36 months * Right to vary 1 x up to 12 months Reduction or Extension Note: The option and right to vary is at DHA’s discretion. * Current Gross rent for 2021 - $430pw and reviewed annually each December. Guaranteed not to drop below $430pw for the life of the lease. 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 * Minimum rental guarantee of $430pw for the life of the lease. 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.