Douglas, QLD, 4814, Australia

INVESTORS: We are proud to present investors with this desirable home, currently under lease to DHA (Defence Housing Australia) until 2029 with a three year option that would take it through until 2032. Currently rented at $530 per week and adjusted on 1st January each year to align with market rent. This lovely four bedroom home is located in Douglas and situated within walking distance to all major public facilities, minutes from quality schools, Townsville CBD, James Cook University and Townsville Hospital.

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 the home would be handed back for you to do as you like - 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.

CURRENT RENT :
* 2023 rent $530pw and adjusted each January according to an independent professional valuation

LEASE DETAILS :
* Lease edition 7 dates : 17/04/2023 - 16/04/2029
* Option : 1 x up to 36 months
* 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.

FEATURES:
* 4 bedrooms/ 2 Bathrooms and Double Lock up garage
* Master suite with walk in robe, ensuite and air conditioning
* Open plan dining, kitchen and family air-conditioned flows out to the undercover entertaining area through glass sliding doors.
* Air conditioning and fans throughout
* Tiled living and carpeted bedrooms and lounge
* 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
* 634sqm of land
* Built 2011

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 on time every time regardless of whether the house is tenanted
* Annual independent rent reviews
* Most non structural 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.
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, 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.