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$500,000 - $530,000
INVESTORS: This beautiful four-bedroom home is a blue-chip investment. Currently under lease to DHA (Defence Housing Australia) with guaranteed rent through until October 2025. At the end of the DHA lease the home will be repainted and recarpeted at DHA's expense for the new owners to move in, rent out or sell again.
Located in West Wodonga & surrounded by modern built prestigious properties. Situated close to everything you could need including schools, shops, and public transport. Featuring a modern layout with tiled living area and carpeted bedrooms.
The DHA lease ensures you will receive guaranteed rent from the perfect tenant (DHA), providing an ongoing income stream into the long term. Strong cash flow is a key ingredient to making a sound investment such as this. While independent residentially leased properties are vulnerable to fluctuating demand and potentially unstable flow of rent, there is no risk of vacancy costs with your DHA property. Even if the property is without a tenant for some time, DHA will still pay the rent while it's vacant.
LEASE DETAILS :
* Lease edition: Edition 6B
* Lease start date: 26/10/2010
* Lease end date: 25/10/2025
* Lease option: USED
* Right to vary: 1 x up to 12 months Reduction and 1 x up to 12 months Extension
* CURRENT RENT for 2022 : $430PW and reviewed annually by independent valuer and paid at market rent.
PROPERTY FEATURES:
* Modern lowset brick home
* 3 Bedroom inc Main with Ensuite, WIR and Air Con
* 2 Separate living areas inc Lounge and Living/Dining + outdoor entertaining area.
* Flat fully fenced rear yard
* Double Lock up garage with driver through to rear yard
* Security screens throughout
* 640 sqm block
* Built approx 2009
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
* The lessor may also be entitled to a lease-end make-good (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 in DHA leased homes - 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 - the Defence properties specialist. 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.
42 River Cove Place, Helensvale QLD 4212
Call Sharon Richter on
0407 288 028
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