This luxury 1 bedroom apartment is nestled within a resort-style complex in the highly sought after suburb of Cairns North. Boasting a secure lease with Defence Housing Australia (DHA) until 20 November 2024, with an additional 3 year option, this is an exclusive investment opportunity you won't want to miss. PROPERTY HIGHLIGHTS: Elegant Design: This level 1 apartment features a spacious dining and living area complemented by a beautifully appointed kitchen, seamlessly extending to a generously sized tiled outdoor entertaining balcony. Spacious Master Suite: Enjoy a lavish master bedroom and luxurious bathroom, complete with laundry facilities and the added bonus of a separate home office or second bedroom. Modern Amenities: The kitchen boasts modern stainless steel appliances and sleek granite benchtops, setting the stage for culinary delights. Comfort All Year Round: Stay comfortable with ceiling fans and air conditioning. Secure Parking: Benefit from secure basement parking. Resort-Style Amenities: Dive into the extensive resort facilities, including not one but four swimming pools. Prime Location: You'll appreciate the property's proximity to transport options, parks, and the stunning Cairns Esplanade. Excellent Returns: This investment offers an outstanding gross rental return and is attractively priced for savvy investors. DHA LEASE SUMMARY: Lease edition: Edition 6 Lease end date: 20/11/2024 Rent for 2023: $410 per week Lease option: 3 years Right to vary: 1 x up to 12 months Reduction and 1 x up to 12 months Extension (Note the lease option and right to vary is at DHA's discretion) DHA LEASE BENEFITS: Guaranteed Rental Income: DHA guarantee to pay the rent 52 weeks per year even if the property is vacant. Regular Rent Reviews: Rent is paid a month in advance and is reviewed in December every year by an independent registered valuer. Property Care Service: Enjoy peace of mind with DHA Property Care, an all-inclusive service fee, covers a range of property related services. End-of-Tenancy Cleaning: The property is cleaned at the end of each tenancy period. Lease-End Make-Good: The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement) Visit www.dha.gov.au to learn about the benefits of investing in DHA property. In accordance with DHA regulations we advise that this property will be available for private inspection and to prequalified buyers only. Photos are supplied under agreement by DHA and are for illustration purposes only. Place Projects accept no liability for any errors or omissions in information supplied by third parties. To receive a copy of the Information Memorandum, or to arrange a private inspection, contact your DHA specialist agent at Place Projects, Dean Dederer on 0429 433 018 or deandederer@eplace.com.au Don't miss your chance to seize this golden investment opportunity !