Douglas QLD 4814

Douglas QLD 4814

Offers Above $475,000

4 beds

2 baths

2 parking

INVEST NOW WITH DEFENCE HOUSING & MOVE IN AT LEASE END. CLOSE TO UNI AND HOSPITAL.

INVESTORS : This lovely home offers plenty of opportunity for the future growth of the region to the savvy investor and is situated just metres from the Ross River and not affected by flooding. Located in Douglas within walking distance to all major public facilities, minutes from quality schools, Townsville CBD, James Cook University, and Townsville Hospital. Investors can reap the benefits of the secure DHA (Defence Housing Australia) lease until October 2025 and then at lease end the home is repainted at DHA's expense before being handed back for you to move in, rent out privately or sell. You can also choose to discuss DHA's requirements for the home on a longer term basis with the potential for a new lease. You're also free to onsell to another investor at any time during the lease.

A DHA (Defence Housing Australia) lease offers the new owners amazing inclusions such as guaranteed rental income, a comprehensive property care/maintenance package, & annual independent professional rental valuations and adjustments, all of which are designed for stress free investing. Ideal for investors located anywhere in the country, superannuation funds, and perfect for those starting their property portfolio and looking for a safe and secure option.

CURRENT RENT Rent for 2023 : $530PW and adjusted each December according to an independent professional valuation

LEASE DETAILS :
* Lease edition
* Lease start 23/10/2016
* Lease end 22/10/2025
* Lease option USED
* Right to vary 1 x up to 12 months
* Note: The option and right to vary is at DHA’s discretion.

FEATURES:
* 4 bedrooms inc air-conditioned Master with built-in robe and spacious ensuite
* Three large living areas including generous living space off the kitchen/casual dining area. Separate formal dining and family room.
* Formal dining and family room both flows out to the undercover entertaining area through seperate sets of glass sliding doors.
* Air conditioning and fans throughout
* Separate laundry
* Double auto garage
* Large undercover outdoor entertaining area perfect for alfresco living and dining
* Safety screens throughout
* Smoke alarms and electrical safety switch
* Generous 742sqm block of land
* Built approx 1999

*COMBINED COUNCIL & WATER RATES: Approx $2100 Half-yearly

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

** A note for Owner Occupiers -This property is sold with a DHA (Defence Housing Australia) lease in place which offers significant benefits to the investor however can’t be occupied by the owner/s until the lease ends **

***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 must be coordinated by the agent with the tenants.
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 Floorplan, lease dates, build date, land size, floor plans and size, and 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.