$1,250,000.00
This contemporary, oversized, 3 bedroom apartment represents a wonderful opportunity to a discerning investor looking for guaranteed rent with a quality tenant and stress free property management. The property is on lease to Defence Housing Australia (DHA) until Nov 2026. Current Gross Rent: $940 pw (rent is reviewed every December). Everything you need from shops to transport, schools, beaches and hospitals are no more than a few minutes’ drive. You will be tempted to move in once the lease is up!
Property Features
Upstairs
3 bedrooms – all with built ins, master with 2 built ins and ensuite, bedroom 3 with balcony
2 bathrooms- main with both bath and shower
Linen press
Downstairs
Undercover entryway
additional storage space- cloak cupboard and linen press
large separate lounge room
Laundry with convenient 3rd toilet
open plan Kitchen to dining room
undercover porch
Neutral colour scheme
Quantum Quartz bench tops and Bosch appliances and gas cooktop
Ducted air conditioning and ceiling fans throughout
Intercom
Secure remote oversized double lock up garage with internal access
Total Size: 231sqm
Basement (garage floor) : 62sqm (2x car spaces approx. 25sqm, Front courtyard 11.52sqm approx., Rear courtyard: 25.27approx)
Ground floor – residence+ 2xporch 105sqm
First Floor- residence: 64sqm
Complex
Built Circa: 2009
18 apartments with 4 underground visitor car spaces plus a car wash bay
Defence Housing Australia (DHA) Lease
Rent: $940 PW (rent is reviewed every December)
Lease Start Date: 13 Nov 2014
Lease End Date: 12 Nov 2026
Lease option: Used
Right to vary: 1x up to 12 months Reduction or Extension
Important Note: The 12 month right to vary is at DHA’s discretion
What’s Nearby?
Transport/Shopping/Beaches/Hospital/Schools
Caringbah Train Station: 800 m (12 min walk) or 2.1km (4min drive)
Woolworths Caringbah: 950m (3 min)
Caringbah Shopping Village: 1km (4 min drive or 11 min walk)
Sutherland Hospital: 1.6km (3min)
Woolooware Golf Club: 1.5km (4min)
Westfield Miranda:3km (5min)
Cronulla Beach: 3 km (6min)
Burraneer Public School: 1.3km (3min or 19 min walk)
Caringbah Public School:1.5km (3min or 22min walk)
Caringbah High School: 1.7km (4 min or 24 min walk)
De la Salle Catholic College Private (Years 7-10): 800m (2 min or 12 min walk)
Endeavour Sports High School 7-12: 2.1km (5min)
Outgoings
DHA Service Fee: $531.43 per month (management and maintenance)
Strata: $1444.94pq
Council: $358.60 pq
Water:$381.40 pq
DHA lease benefits:
• DHA guarantee to pay the rent regardless of whether the property is occupied.
• DHA Property Care, an all-inclusive service fee, covers a range of property related services.
• Zero re-letting fees for the length of the lease.
• The property is professionally 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 and applies to commencement rent).
This property is for sale on behalf of a Defence Housing Australia lessor and has a Defence Housing Australia lease in place. Visit dha.gov.au to learn the benefits of investing in Defence Housing Australia property.
Photos are supplied under agreement by DHA and are for illustration purposes only.
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.
** 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 **
In accordance with DHA regulations, we advise that this property will only be available for private inspections and to pre-qualified buyers and must be coordinated by the agent with the tenants.
If you would like to arrange an inspection please contact Tracee Stuart of Hudson Property Agents- the Defence Property Specialists.
42 River Cove Place, Helensvale QLD 4212
0407288028
TRACEE STUART
0400 404 464
