Sale VIC 3850

Sale VIC 3850

$525,000 - $550,000

4 beds

2 baths

2 parking

INVEST IN SALE. LEASED TO DEFENCE HOUSING.

INVESTORS : If you are searching for a no fuss investment, this property located in a quiet street in regional Sale, Victoria, will suit perfectly. There is a secure DHA (Defence Housing Australia) lease in place with your rent guaranteed until the end of the lease in April 2024. At the end of the lease the owners can move in, rent out or sell with the benefit of a thorough make good including a full repaint and recarpet conducted at DHA's expense. You can also discuss the possibility of a new lease to Defence Housing again.

Sale is located 220km South East of Melbourne, in Victoria's Gippsland region, and supports a capacity of approximately 700 RAAF personnel. The base plays a major role in training the next generation of Air Force personnel & with the Governments recent $400M upgrade the base is set to become the home of Defence Force aviation training for decades to come.

LEASE DETAILS :
* Lease edition: Edition 5B
* Lease start date: 21/04/2009
* Lease end date: 20/04/2024
* Lease option: USED
* Right to vary: 1 x up to 12 months Reduction and 1 x up to 12 months Extension
* Current Gross rent for 2022 $430pw and reviewed annually each December.

PROPERTY FEATURES:
* Modern lowset brick home
* 4 Bedroom inc Main with Ensuite, Air conditioning and walk in robe
* 3 Separate living areas inc Lounge, Living/Casual Dining and Family/Dining room.
* Double garage with internal entry
* Outdoor entertaining area
* Generous 978sqm flat block
* Security screens
* Built approx 2008

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.