INVESTOR OPPORTUNITY. LONG TERM LEASE WITH STRONG RENTAL YIELD.
If you are searching for a no fuss investment, this property located in Redlynch, Cairns will suit you perfectly! It is just around the corner from Redlynch Central Shopping Centre and close to the Redlynch Central Sports Stadium. The train station is just a short drive away. There is a secure DHA (Defence Housing Australia) lease in place with your rent guaranteed until the end of the lease in 2021 with a 3 year option. Currently rented at $530pw and returning an excellent investor yield 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. PROPERTY FEATURES: * Modern lowset brick home * 5 Bedroom inc Main with Ensuite, WIR and Air Con * 2 Separate living areas inc Family/Rumpus and Living/Dining * Air conditioning * DLUG * Outdoor entertaining area * 680 sqm block LEASE DETAILS : * Leased until 28/9/2021 * 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 $530pw 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 and to pre-qualified buyers. * Photos are supplied under agreement by DHA, and are for illustration purposes only.
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