Burdell, QLD, 4818, Australia

INVESTORS : This home is perfect for investors looking for good long term growth and security with the lease to Defence Housing until 2026. The current rent is $470pw and will be reassessed again by professional valuers by the end of the year. $470pw equates to a very strong gross rental yield of 5.89%.

The home is positioned in a quiet street in Burdell, a northern suburb of the City of Townsville with approx 9000 people and a short drive to local shops, schools and restaurants.

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 the 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.

With Townsville experiencing some of the highest rental yields in the country, vacancy rates continuing to come down and property experts reporting Townsville is still producing good capital growth options now is the time to lock down your investment.

LEASE DETAILS :

* Lease edition 6B
* Lease start date 29/06/2011
* Lease end date 28/06/2026
* Lease option USED
* Right to vary 1 x up to 12 months Reduction and 1 x up to 12 months Extension
* All options/extensions are in DHA's favour.

2023 RENT : Current Gross rent $470pw and adjusted each December according to an independent professional valuation

PROPERTY FEATURES:
* 559 sqm Block
* 3 Bedrooms, inc Master with AC, WIR and ensuite.
* Outdoor entertaining area.
* Security screens throughout
* Ceiling fans throughout
* Flat rear yard
* Air conditioning in Master, main living and kitchen dining.
* Built Approx 2010

DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is occupied.
* Annual independent rent reviews.
* Zero re-letting fees for the length of the lease.
* DHA Property Care, an all-inclusive service fee, covers a range of property related services.
* At the end of each tenancy period, the property is professionally cleaned.
* 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).

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 Floorplan, 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.