North Lakes QLD 4509

North Lakes QLD 4509

$689,000 +

3 beds

2 baths

2 parking

INVESTORS OPPORTUNITY TO BUY DHA LEASED IN BOOMING NORTH LAKES ON 656 SQM BLOCK.

INVESTORS : This modern home is a perfect and secure investment rented to DHA (Defence Housing Australia) until 2025. At the end of the lease the new owners can move in and enjoy the home themselves, rent it out or sell it again with the benefit of new paint and carpet throughout. In the interim investors can enjoy all the freedom of guaranteed income, resulting in stress free investing, regardless of whether the home is tenanted.

North Lakes is well known to be a family friendly suburb and the property is close to a selection of quality schools, shops and eateries, public transport links. There are also walking or cycling paths, parks and playgrounds. Also a couple of minutes drive to the local Westfield North Lakes, Ikea, Costco and easy access to the M1 for a day trip to the sunshine coast or work in Brisbane city.

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 low interest rates still on offer and Queensland experiencing some of the highest rental yields in the country, vacancy rates continuing to come down now is the time to invest in the region.

LEASE DETAILS :
* Lease edition : Edition 6B
* Lease start date : 30-11-2010
* Lease end date : 29-11-2025
* Lease option : Used
* Right to vary : 1 x up to 12 months Reduction and 1 x up to 12 months Extension
NB - All options and extensions are in DHA's favour.

CURRENT RENT for 2022: $480 PW and assessed annually at market value.

PROPERTY FEATURES:
* Modern low-set brick home
* 3 Bedroom inc Main with Ensuite, WIR & Air Conditioning
* Two living areas including large meals and family area off kitchen and separate lounge
* Outdoor entertaining area off main family/dining area
* Security screens to doors and windows
* 646 sqm block
* Corner block with excellent side access
* Built Approx 2009

RATES & UTILITIES: Council Rates approx $TBC per quarter
Water/Utilities Rates approx $TBC per quarter

DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is tenanted
* Annual independent rent reviews
* Most non structural 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 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 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.