DHA Midlease , Golden Grove SA 5125

$865,000 to $875,000

3 beds

2 baths

4 parking

A DHA Investment That's Already Doing the Heavy Lifting

Some investments demand your attention.

This isn't one of them.

Leased to Defence Housing Australia, this well-presented home in Golden Grove is already well into its lease, returning $2,891 per month with a secure DHA lease in place until 2029.

That means no advertising for tenants. No vacancy worries. No wondering if the rent will arrive on time. DHA manages the tenancy, while you enjoy the confidence of a long-term investment backed by one of Australia's most trusted organisations.

The home itself is practical, spacious and designed for everyday living. Offering three generous bedrooms, two bathrooms and multiple living areas, it's exactly the type of home DHA looks for - functional, low maintenance and appealing to Defence families.

From an investor's point of view, this is about as straightforward as it gets:

• Rental income of $2,891 per month
• Secure DHA lease until 2029
• Professionally managed tenancy
• Reliable long-term income
• A quality home in the highly sought-after suburb of Golden Grove

It's not the investment you'll constantly be checking on.

It's the one quietly working away in the background.

What We Love
• A secure DHA lease in place until 2029 - because certainty never goes out of style.
• Returning $2,891 per month, with reliable income already rolling in.
• Three well-sized bedrooms and two bathrooms - a layout Defence families love.
• Two separate living areas, giving tenants plenty of room to spread out (and helping keep the property in demand).
• A practical kitchen at the heart of the home, overlooking the family and dining space.
• Double garage with internal access - because convenience is always a winner.
• Approximately 141sqm of thoughtfully designed living, built for everyday functionality.
• Professionally managed by DHA, taking the hassle out of being a landlord.
• Located in the ever-popular Golden Grove, a suburb known for its strong appeal and long-term growth potential.
• A genuine set-and-forget investment that's already doing the hard work while you focus on what's next.

• Certificate of Title - 5283/74
• Year Built - 1999
• Council Rates - $ p.a
• Council Area - City of Tea Tree Gully
• Zoning - General Neighbourhood
• Water Rates - $p.a
• Land Size - 400m2 (approx)
• Current Rent - $2,891 per month
• Encumbrance - Urban Renewal Authority
• Easement - No

Whether you're adding to your portfolio or looking for a dependable investment that doesn't require constant attention, this is an opportunity to secure a quality property with reliable income already in place.

To learn more about the benefits of investing with Defence Housing Australia, visit www.dha.gov.au/investing.

For further information, please contact Nick Bevan on 0407 917 456.

Please Note: This property is being sold subject to the existing Defence Housing Australia lease and is not suitable for owner occupiers. Vacant possession will not be available until the DHA lease expires.

Disclaimer: RLA 345623 - This advertisement contains information that is believed to be accurate at the time of publishing. Prospective purchasers are advised to conduct their own enquiries and inspections. As this property is under a DHA lease, it is not suitable for owner occupiers.

Property Details

• Type: House
• Bedrooms: 3
• Bathrooms: 2
• Ensuites: 1
• Toilets: 2
• Garage Spaces: 2
• Other Parking: 2
• Building Area: 141 m² (approx)
• Land Area: 400 m² (approx)

Features

• Air Conditioning
• Outdoor Entertainment Area
• Secure Parking

Eco Friendly Features

EER (Energy Efficiency Rating):