Medowie, NSW, 2318, Australia

INVESTORS take note, this spacious DHA (Defence Housing Australia) investment property is set on a 927sqm block and situated in high demand Pacific Dunes Estate in Medowie. Pacific Dunes Estate is built around an 18-hole championship golf course where residents enjoy exclusive access to an on-site pool, tennis courts, parks and BBQ area, It's a short stroll to the Pacific Dunes Green House Eatery plus the brand new Catherine McAuley Catholic college is only a short distance away.

LEASE DETAILS :
* Lease start date: 20/12/2021
* Lease end date: 19/12/2027
* Lease option: 1 x up to 36 months
* Right to vary: 1 x up to 12 month reduction and 1 x up to 12 month extension
* Important Note: The 36 month option and 12 month right to vary are at DHA’s discretion.

RENT:
Current Gross rent 2024 - $665pw and adjusted each year according to an independent professional valuation

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. At lease end 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 on sell to another investor at any time during the lease.

MEDOWIE is only a 30-minute drive to Newcastle CBD whilst also being in close proximity to Newcastle Airport and some of the most amazing beaches Port Stephens, and its surrounds, has to offer.

PROPERTY FEATURES:
* 4 bedrooms / 2 bathrooms
* Master bedroom, air conditioned, WIR and en-suite
* Open plan tiled family/dining/kitchen
* Separate carpeted living room
* Split system air conditioned living spaces
* Versatile kitchen with stainless steel appliances
* Double auto garage with internal access
* Established gardens
* Undercover outdoor entertaining area perfect for alfresco living and dining
* Safety screens throughout
* Access to Pacific Dunes amenities including swimming pool, tennis courts and family BBQ area
* Built approx. 2012

* Council and Water Rates approx. $2,252 per annum (water usage reimbursed back to owner by DHA)
* Community Strata Fees - $165.00 per qtr.

This investment equals "peace of mind" from a long lease, guaranteed rental income paid monthly in advance and other extensive benefits of the DHA Property Care Services.

DHA LEASE BENEFITS:
* Guaranteed rent paid in advance, even when the property is vacant
* Annual market rent review service (conducted by an independent licensed valuer)
* Online services portal to view and manage your property.
* Property Care program - DHA are responsible for organising and covering the cost of most non-structural repair and maintenance works.
* Tenancy management - DHA take the pressure off managing the tenants, you do not have to inspect the property (however, this can be arranged on request)
* Emergency repair - in the event of emergency DHA will act quickly on your behalf
* 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 Jenny Andrew of Hudson Property Agents on 0414 207 279.
**In accordance with DHA regulations, we advise that this property will only be available for private inspections and to pre-qualified buyers.
*** Photos supplied by DHA for the purposes of marketing the property
**** Weekly rent quoted is for 2024 as per 2023 rental assessment completed in December