Oonoonba QLD 4811

Oonoonba QLD 4811

$489,000.00

2 beds

2 baths

1 parking

Entry Level Investing. 5.53% Gross Yield.

INVESTORS : Built in 2015 this property presents the perfect option for those looking to start their property portfolio by offering investors the opportunity to enter the market with an assurance of A 5.53% gross yield and assurance of secure rental income from Defence Housing Australia (DHA) and a lease until February 2028. At lease end the home is repainted before being handed back to the owners to live in, rent out or to sell as they choose.

Situated in "The Village" within the suburb of Oonoonba, this property is 5 minutes from the City Centre and Lavarack Barracks. There are two suburban shopping centres within close proximity, along with eateries and The Murray Sporting Complex. Backing onto the popular suburb of Idalia has this property located close to public schools, medical facilities and is serviced by public transport.

CURRENT RENT 2026 : $520pw and adjusted periodically according to an independent professional valuation

DHA LEASE DETAILS :
* Lease Edition 6 C
* Lease started : 22/02/2016
* Lease end date: 21/02/2028
* Lease option : USED
* Right to vary 1 x up to 12 months Reduction and 1 x up to 12 months Extension
* Note: The option and right to vary is at DHA’s discretion.

COUNCIL & WATER RATES combined - Approx $1,860 paid Half yearly
BODY CORP fees - Approx $1200 Half yearly

This fully air-conditioned modern property features two bedrooms, both with built in robes and carpet flooring. Cooling is further enhanced with tiled flooring throughout the living areas. The kitchen features stainless steel appliances including a dishwasher and stone bench tops. The laundry area is complete with a clothes dryer. There is a single carport with an automatic roller door plus a covered outdoor entertainment area.

DHA LEASE BENEFITS:
* Secure rent paid on time every time regardless of whether the property is tenanted.
* Annual independent rent reviews
* Most maintenance paid for by DHA
* The lessor may also be entitled to a lease-end make-good including new paint and carpet (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. In accordance with DHA regulations, we advise that this property will only be available for private inspections and pre-qualified buyers.
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, 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.