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$535,000.00
This DHA investment property is positioned in a quiet cul-de-sac street on a large battle-axe block and offers plently of space both inside and out. With 5 bedrooms and 2 bathrooms, this home includes a versatile kitchen overlooking a spacious open plan family/meals area, easy access is provided to the wrap around, fully screened, outdoor entertainment area. A separate living room is included which can easily be converted to a kids or parents retreat. The fully fenced, private backyard provides plenty of space for the kids to play.
This property provides an excellent opportunity for investors to buy now and move in next year when the lease expires with a fresh coat of paint and new carpets - OR - as Raymond Terrace investment properties typically return excellent rental yields, you could hold on to as a secure long term investment.
Built approximately 2000 and currently rented at $475pw, assessed annually and rental income guaranteed without fail (until the end of the lease), zero re-letting fees, insurances, repairs and maintenance included, astute investors will reap the benefits a secure DHA lease has to offer.
Located in the suburb of Raymond Terrace, within close proximity of schools, shops and public transport. The Stockland Green Hills shopping centre is approximately 19kms away.
PROPERTY FEATURES:
* Modern brick home with low maintenance yards
* 5 large bedrooms incl. main with WIR and ensuite
* Spacious second bathroom
* Ceiling fans and air-conditioning throughout
* 2 large living areas incl. family/meals and a living area ideal as a parents retreat
* Tiled living areas and carpeted bedrooms
* Extremely private 911sqm battle-axe block
* Triple garage with plenty of storage space and ample paved parking area for extra vehicles
* Large outdoor, fully screened, undercover entertainment area
LEASE DETAILS:
* Leased until 26/06/2021
* Right to vary: 1 x up to 12 months reduction
* Option available: The option and right to vary is at DHA’s discretion
* Current Gross rent $475pw and reviewed annually each December
DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is tenanted
* Annual independent rent reviews
* Most maintenance paid for by DHA
* Refer to the DHA lease regarding entitlement to a lease-end make-good on the property which includes a repaint and recarpet of the home.
* 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 Jennifer Andrew of Hudson Property Agents - the Defence Properties specialists.
* In accordance with DHA regulations, we advise that this property will only be available for private inspections and to pre-qualified buyers.
* Photos are supplied under agreement by DHA, and are for illustration purposes only.
42 River Cove Place, Helensvale QLD 4212
Call Jenny Andrew on
0414 207 279
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