North Lakes, QLD, 4509, Australia

INVESTORS : This terrific property offers astute investors a great opportunity for good capital growth. Owned independently & currently leased to Defence Housing on a long term lease which expires in December. The new owners have the option to live in at the end of the lease or take the option to enter a new lease until December 2028 plus 1 x 3 yr option that would take it through until 2031.

LEASE DETAILS :
* Current lease end : 08/12/2025
* New Lease dates : 09/12/2025 - 08/12/2028
* 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
* Note: The option and right to vary is at DHA’s discretion.

CURRENT RENT for 2025 : $610PW and adjusted each January to realign with current market rent through an independent professional valuation.

Conveniently located a short drive to multiple facilities and retailers making it a very handy location. Just minutes from the local childcare & schools, parks and Westfield, Costco and IKEA and perfect for day trip to Sunshine Coast beaches.

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 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.

PROPERTY FEATURES:
* 3 Bedrooms
* Good size bedrooms inc. Main with Air conditioning, Built in robe and ensuite
* Modern kitchen with ample bench and storage space, Air conditioned Living/dining
* Study Nook
* Outdoor Alfresco dining/entertaining area with sliding doors to kitchen/dining
* Lock up garage internal access to the home
* Security screens throughout
* 477 sqm block
* Quiet & convenient neighbourhood
* Built approx 2010

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

RATES :
Council approx $TBC
Water approx $TBC

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


Suburb Information:
North Lakes is a vibrant master-planned community conveniently located approximately 25 kilometers north of Brisbane's CBD. This rapidly growing suburb offers a family-friendly lifestyle with a wide array of amenities within easy reach. Residents enjoy access to Westfield North Lakes, a major shopping center boasting a diverse selection of retail stores, dining options, and entertainment venues. The suburb also features numerous parks, playgrounds, and recreational facilities, including the picturesque North Lakes Golf Club. With excellent public transport options, including the North Lakes train station and frequent bus services, commuting to the city and surrounding areas is a breeze. North Lakes provides a thriving community atmosphere with quality schools, childcare centers, and a strong sense of belonging.

** 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.