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4Bedrooms
2Bathrooms
2Carspots
574 sqmLand size

Medowie, NSW, 2318, Australia

Map of the surrounding area

Property Features

  • Shed
  • Ensuite
  • Fully Fenced
  • Built-in Robes
  • Air Conditioning
  • Split System Air Con
  • Split System Heating

About this Property

This DHA investment property is situated in popular Medowie and offers plenty of space both inside and out. With 4 spacious bedrooms and 2 bathrooms, this home includes a versatile kitchen which overlooks a large open plan family/rumpus space. Also included is a dining/lounge area located at the front of the property, which is ideal as a parents retreat. The spacious master bedroom includes en-suite and WIR and the 3 additional bedrooms, all with built-in-robes, are positioned close to the large family bathroom which includes a separate shower and bath.

The double garage comes with a remote control auto door and allows for internal access, the covered outdoor area is perfect for alfresco entertaining and is easily accessed through a large sliding door via the family room. Other features include security screens to window and doors and rain water tank.

This property offers the astute buyer a no-fuss, stress-free investment with rental income guaranteed every week by Defence Housing Australia (DHA). Conveniently located close to the Medowie shopping complex, Medowie Christian and Medowie Primary School, and a short 15-20km drive to some of the most amazing beaches in the Newcastle/Port Stephens area.

Built approximately 2002 and currently rented at $500pw, assessed annually with rental income guaranteed (until the end of the lease), zero re-letting fees, repairs and maintenance included, astute investors will reap the benefits a secure DHA lease has to offer.

PROPERTY FEATURES:
* Modern low set and low maintenance brick home
* 4 large bedrooms incl. main with ensuite, WIR
* Air conditioning and ceiling fans throughout
* 2 separate living areas incl. family/rumpus and separate lounge/dining area
* Tiled living and carpeted bedrooms
* Safety screens throughout
* Outdoor covered pergola area perfect for entertaining
* Double lock-up garage with internal entry access
* Built 2002

CURRENT LEASE FEATURES :
* DHA Lease edition: Edition 5B
* Lease start date: 19/12/2007
* Lease end date: 18/12/2022
* Lease option: Used
* Right to vary: 1 x up to 12 months Reduction
* Note: The option and right to vary is at DHA’s discretion.

CURRENT RENT : $500pw and assessed annually.

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 & 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 Jennifer Andrew of Hudson Property Agents - the Defence Properties specialists.
* In accordance with DHA regulations, we advise that this property will only be available for private inspections and to pre-qualified buyers.
* Photos are supplied under agreement by DHA & not been taken for the purpose of marketing.

Jenny Andrew

Hope Island
Hudson Property Agents
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