INVESTORS : This spacious 4 Bedroom home is built on 741 square metres and has a triple garage as an added bonus. Currently under lease to Defence Housing (DHA) until 2027 with a 3 year option that could take it through to 2030. A DHA (Defence Housing Australia) lease offers the new owners amazing inclusions such as guaranteed rental income, a comprehensive property care/maintenance package, & annual independent professional rental valuations and adjustments, all of which are designed for stress free investing. Ideal for investors located anywhere in the country, superannuation funds, and perfect for those starting their property portfolio and looking for a safe and secure option. At lease end the home is repainted at DHA's expense before being handed back for you to move in, rent out privately or sell. You can also choose to discuss DHA's requirements for the home on a longer term basis with the potential for a new lease. You're also free to onsell to another investor at any time during the lease. LEASE DETAILS : * Lease edition 6 * Lease start date 07/03/2021 * Lease end date 06/03/2027 * 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 CURRENT RENT for 2025 : $570pw and adjusted annually on the 1st January based on the assessment from independent professional valuer. PROPERTY FEATURES: * Brick and Tile home with 4 Bedrooms - main with Ensuite & BIR * 2 separate Living areas inc Shared Kitchen/Dining, Family Meals area and Lounge * Triple Garage with internal access * 741 sqm Block * Outdoor and undercover entertaining/Alfresco area * Air conditioning * Security Screens throughout * Built 2006 ABOUT MOUNT LOUISA: Mount Louisa offers a peaceful suburban lifestyle just 15 minutes from Townsville's CBD. This family-friendly suburb provides easy access to quality schools, parks, and shopping centres. With its convenient location and affordable housing options, Mount Louisa is an ideal choice for those seeking a comfortable and relaxed lifestyle. DHA LEASE BENEFITS: * Guaranteed rent paid on time every time regardless of whether the house is empty * 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 fee ** A note for Owner Occupiers -This property is sold with a DHA (Defence Housing Australia) lease in place which offers significant benefits to the investor however can’t be occupied by the owner/s until the lease ends ** ***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. In accordance with DHA regulations, we advise that this property will only be available for private inspections and must be co-ordinated by the agent with the tenants. Information provided above has been obtained from various sources which we believe to be accurate, however, Hudson Property Agents accept no liability for any errors or omissions, including but not limited to a Floorplan, lease dates, build date, land size, floor plans and size, and property condition. Interested parties should make their own enquiries and conduct their own due diligence in addition to obtaining legal advice from their appointed solicitor or conveyancer.