Burdell QLD 4818

Burdell QLD 4818

$429,000 Plus

3 beds

2 baths

2 parking

ENTRY LEVEL INVESTING WITH DEFENCE HOUSING.

INVESTORS: This terrific property offers astute investors a great opportunity for good capital growth. Owned independently & currently leased to Defence Housing on a long term lease which expires in 2027. Currently renting at $470 per week which represents a healthy gross yield of 5.68%. The home has all the elements of a strong investment with the potential for even longer term leasing to DHA according to their requirements at the end of the current lease. You will receive guaranteed rent providing an ongoing income stream into the long term, resulting in stress-free investing, regardless of whether the home is tenanted. Ideal for investors from anywhere in the country, great for superannuation funds, or for those starting their property portfolio and looking for a safe and secure option to get started.

With Queensland still experiencing positive growth and some of the highest rental yields in the country, and vacancy rates at all all time low now is the time to invest in the region.

Burdell is a northern suburb of the City of Townsville with approx 9000 people. The home is located within walking distance of a private school and daycare and a 2 minute drive to shopping and facilities.

LEASE DETAILS : 
* Lease edition Edition 6B
* Lease start date 04/04/2012
* Lease end date 03/04/2027
* Lease option USED
* Right to vary 1 x up to 12 months
* NOTE : All options/extensions are in DHA's favour.

CURRENT RENT for 2023 : $470pw and adjusted each December according to an independent professional valuation

PROPERTY FEATURES:
* Large Brick and Tile family home.
* 3 Spacious bedrooms inc master with Built in Robe, Air conditioning and Ensuite.
* Two living areas including separate lounge at the front of the home.
* Modern kitchen boasts stainless steel cooking appliances, sleek tiles & ample storage and bench space.
* Air conditioned living areas.
* Tiled family & meals area with double sliding doors opening to outdoor undercover alfresco dining area.
* Large Double lock up garage with storage and internal access
* Fully security screened
* Spacious 576 sqm flat block.
* Built approx 2012

*Council and Water Rates - Approx $4000 pa (less water usage costs to be reimbursed by DHA)

DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is occupied.
* Annual rent reviews completed by registered independent professional valuers.
* Zero re-letting fees for the length of the lease.
* DHA Property Care, an all-inclusive service fee, covers a range of property related services.
* At the end of each tenancy period, the property is professionally cleaned.
* 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).

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 to pre-qualified buyers.
Information provided above has been obtained from various sources from which we believe to be accurate, however, Hudson Property Agents accept no liability for any errors or omissions, including but not limited to a Floorpan, build date, land size, floor plans and size, 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.