Worrigee NSW 2540

Worrigee NSW 2540

$740,000.00

4 beds

2 baths

2 parking

INVESTORS - HOME LEASED TO DHA UNTIL MAY 2023 + 3 YEAR OPTION GUARANTEED RENT

Currently rented to Defence Housing Australia (DHA) for $460 per week; this charming, 4 Bedroom family home on a 698 sqm block, is just the ticket for investors seeking long term rental guarantees. With 18 months remaining on the lease, and an additional 3 year option, you will have the assurance of a guaranteed income regardless of whether the property is tenanted.

Property Features include:
4 carpeted Bedrooms -main bedroom with WIR & ensuite
bedrooms 2, 3 & 4 all with built ins
2 bathrooms – main with separate toilet
Formal living/dining room
Open plan Kitchen/family/meals area
Spacious Kitchen with gas top cooking, electric oven and rangehood
Reverse cycle Air conditioning
Double garage with internal access and access to yard
Large side gate for trailer access
Well established gardens
Fully fenced, Child friendly backyard
Outdoor undercover entertaining area
Security screens on windows and doors
Block size: 698 sqm
Built: Circa 2004

What’s nearby?
Proximity to amenities & services (approx):
Foodworks Grocery/Liquor Store: 800m (I min drive)
Food Markets: 750m
Stocklands (Woolworths, Kmart): 5.8km

Worrigee Medical Centre: 800m
Nowra Private Hospital: 3.3 km

Day care- Bright Minds Academy: 2.3km
Goodstart Early Learning South Nowra: 1.5 km

Shoalhaven High School: 2.4 km
Nowra Christian School: 2 km
St John the Evangelist Catholic High School:2.6 km
University of Wollongong, Shoalhaven Campus: 7.7km

Bomaderry (Nowra) train station: 8.5 km
(14 stops including Kiama, Wollongong and Sydney Central)

Wollongong CBD: 85km (I hour 12 mins)
Sydney CBD- 167kms (2hr 20 mins)
Canberra CBD 195 km (2 hr 30 min)

Lease details:
Current weekly rent: $600 p.w
Lease end date: 25/05/2023
Lease Option: 1 x up to 36 months
Right to Vary available: 1 x up to 12 months Reduction and 1 x up to 12 months Extension (refer to the DHA Lease Agreement)
All options and variations are exercised at DHA's discretion

DHA lease benefits:
• DHA guarantee to pay the rent even if the property is vacant.
• DHA Property Care, an all-inclusive service fee, covers a range of property related services.
• The property is 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

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.

In accordance with DHA regulations, we advise that this property will only be available for private inspections to pre-qualified buyers.

To find out more about this great investment opportunity, or if you would like to arrange an inspection, please contact Tracee Stuart at Hudson Property; the Defence Specialists.