South Coogee, NSW, 2034, Australia

This modern 3 bedroom, 2 storey home is a perfect and secure investment rented to DHA (Defence Housing Australia) until May 2026. Buying this property means enjoying all the benefits of guaranteed income with the flexibility at lease end to move in, sell vacant or lease.

Property features:
3 bedrooms/1 bathroom /1 car garage
North facing
master bedroom with walk in robe
2nd & 3rd bedrooms with built in robes
bathroom includes separate shower and bath
separate toilet
2nd toilet located conveniently on ground floor
open plan modern kitchen, electric oven, gas top cooking
Generous size living/dining room
Split system Air conditioning with ceiling fans
Undercover patio
Fenced yard
Security screens to doors and windows
Large oversized Single garage (5.8m x 4.1m)
251 sqm block

Rent(2024) : $1,075.00 PW ($4674.33 per month) and adjusted every year based on the assessment from independent professional valuer.

What’s nearby? *
Schools & University
South Coogee Public: 350m (1min or 6min walk)
SOS Preschool: 1.4km (4min) or 700m walk through Randwick park (9 min walk)
Randwick Boys High School: 2.1 km (4min)
Randwick Girls High School: 2.4km (5min)
Maroubra Bay Public School: 2.4 km (5min)
Lycee Condorcet(International French School)(P-12): 2km (4min)
University of NSW:3.2km (7 min)

Other points of interest
Randwick Environmental Park: 6 min walk
Coogee Beach: 2.2 km (5min)
Maroubra Beach: 2.6 km (6 min) (or 14 mins with regular bus service)
Westfield Eastgardens: 4.4km (9min)
Royal Randwick Racecourse: 5.5 km (12min)
Prince of Wales Hospital: 3 km (7min)
*distance is approximate

Outgoings (approx)
Land Rates: $493.01pq
Water rates: 193.33pq
DHA service Fee (16.5% incl GST): $771.27 per month

DHA lease
Start Date: 1 June 2014
End date: 31 May 2026 (option has already been exercised)
Right to Vary available: 1 x up to 12 months Reduction and 1 x up to 12 months Extension (refer to the DHA Lease Agreement)
All options and variations are exercised at DHA's discretion

DHA lease benefits:
• DHA guarantee to pay the rent even if the property is vacant.
• DHA Property Care, an all-inclusive service fee, covers a range of property related services.
• The property is cleaned at the end of each tenancy period.
• The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement
• A rental floor may apply to the DHA Lease Agreement (applicable to specific lease editions and applies to commencement rent).

This property is for sale on behalf of a Defence Housing Australia lessor and has a Defence Housing Australia lease in place. Visit dha.gov.au to learn the benefits of investing in Defence Housing Australia property.
Photos are supplied under agreement by DHA and are for illustration purposes only.

In accordance with DHA regulations, we advise that this property will only be available for private inspections and to pre-qualified buyers.
If you would like to arrange an inspection please contact Tracee Stuart of Hudson Property Agents- the Defence Property Specialists.