Kallangur, QLD, 4503, Australia

INVESTORS : The perfect opportunity exists to own this lovely home with a long lease to DHA until August 2027 plus 1 x 3 yr option which would take it through until 2030! Currently rented at $630 per week and assessed annually with an independent & professional valuation to obtain true market rent, before being adjusted accordingly on the 1st of January every year. Located in Brisbane's Northern Suburbs, declared as one of Australia's growth hotspots, it's sure to offer investors excellent long term growth prospects.

The DHA (Defence Housing Australia) lease offers the new owners guaranteed rental income, resulting in stress-free investing, regardless of whether the home is tenanted. Ideal for investors from anywhere in the country, great for superannuation funds, or for those starting their property portfolio and looking for a safe and secure option to get started.

LEASE DETAILS :
* Lease start date 24/8/24
* Lease end date 23/8/27
* Lease 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 and right to vary are in DHA's favour.

CURRENT RENT : $630pw and adjusted annually based on the assessment from independent professional valuer.

PROPERTY FEATURES:
* Modern low-set brick home
* 3 Large Bedrooms inc Main with Ensuite, WIR and Air Con
* Multipurpose room suitable for 4th Bedroom/Study/Living area
* Double Lock Up Garage
* Outdoor entertaining area
* Security Screens on all doors and windows.
* Built approx 2009

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

RATES : Water approx $280 per qtr (after usage).
Council TBC

About KALLANGUR : Kallangur is just 26km north of the Brisbane CBD and lies at the centre of some of Australia’s largest urban infrastructure projects and offers a combination of affordability, good infrastructure and excellent employment opportunities. Kallangur is located on the western side of the M1 Bruce Highway opposite Master Planned Community of North Lakes. Home to North Lakes Westfield, IKEA, Costco and many other large retail outlets. Westfield North Lakes is located 25 kilometres north of the Brisbane CBD in one of the region’s fastest growing areas. The centre caters to a trade area population of nearly 408,000 people. IN addition Petrie university Currently in the final stages of construction is expected to cater to 10,000 students within the next 10 years.

** 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 co-ordinated 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 Floorpan, 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.