ADDRESS AVAILABLE ON REQUEST, Idalia
This is an excellent opportunity for a savvy investor looking to secure a reliable asset in the 2025 property market. The home offers a stress-free, low-maintenance investment with strong rental appeal.
A Defence Housing Australia (DHA) lease is already in place, providing guaranteed rental income until May 2027-making it an ideal set-and-forget addition to any portfolio.
Located on a quiet street in Idalia, just 100 metres from scenic lakes and walking tracks, this home enjoys a peaceful and highly sought-after setting. The kitchen sits at the heart of the home, offering generous bench space, a gas cooktop, and quality appliances. It connects seamlessly with the open plan living and dining areas, which are light-filled and spacious-ideal for everyday family living.
All four bedrooms feature air-conditioning, ceiling fans, and built-in wardrobes. The master suite includes wall-to-wall built-in cupboards and a private ensuite. Additional features include high ceilings, a media room at the front of the home, and a double bay garage, all set on a fully fenced 495 sqm block.
A DHA lease provides outstanding benefits for new owners, including guaranteed rental income, a comprehensive property care and maintenance package, and annual independent professional rental valuations with adjustments. These features are specifically designed to make property investment stress-free.
This arrangement is ideal for investors anywhere in Australia, suitable for superannuation funds, and perfect for those beginning their property portfolio with a secure and reliable option. At the end of the lease, DHA will repaint the home at their expense before handing it back-ready for you to move in, rent privately, or sell. You're also free to on-sell to another investor at any time during the lease term.
LEASE DETAILS:
* Lease end date 24/05/2027 (option engaged)
CURRENT GROSS RENT for 2025: $670pw and adjusted annually based on the assessment from an independent professional valuer based on comparable rentals.
BRIGHTEST Features:
-Modern low-set block construction (built in 2009)
-High ceilings for enhanced space and airflow
-Dedicated media/theatre room at the front of the home
-Four bedrooms, each with built-in robes and split system air-conditioning
-Master bedroom includes wall-to-wall built-ins, ensuite, and air-conditioning
-Fully air-conditioned throughout
-Double lock-up garage with secure internal access
-Security screens fitted throughout for added peace of mind
-Larger Covered outdoor patio/entertaining area
-Fully fenced 495 sqm block, ideal for children or pets
Townsville City Council rates: approx. $2,226.31 per half year
DHA Lease Benefits
• Guaranteed Rent:
With a DHA investment, your rental income is secure-even if the property becomes vacant. You lease the property directly to DHA, and they manage the Australian Defence Force (ADF) occupant. Rent is accrued daily and paid in advance, ensuring consistent cash flow and peace of mind.
• Long-Term Leases:
Leases typically range from 6 to 12 years, allowing for long-term planning and financial stability. This stands in stark contrast to standard leases in the private rental market, which can be as short as 6 months.
• High-Quality Properties Only:
DHA applies strict criteria when selecting properties, based on both location and the specific needs of Defence personnel. Factors such as rank and family composition play a role in what homes are accepted, ensuring a consistent quality of living across postings-and limiting properties to only those that meet their standards.
• Comprehensive Property Care:
Owners enter a Property Care Contract with DHA, which outlines a full suite of management services. This includes handling maintenance, tenant transitions, and scheduled property inspections.
• Vacancy Management:
If the property becomes vacant, DHA continues to manage general upkeep and transitions without disrupting your income stream.
• Repairs and Replacements:
DHA organises and covers most non-structural repairs, including like-for-like replacement of fixed appliances. Emergency repairs are facilitated quickly, with any costs billed separately.
• Regular Inspections and Reports:
Scheduled inspections are conducted, with reports provided to keep you informed of your asset's condition.
• Rental Reviews:
DHA commissions independent, licensed valuers to assess and adjust rental payments in line with current market trends, ensuring your return remains competitive.
This property is being sold with an active DHA lease in place, offering excellent benefits for investors. Please note that under the lease terms, the property cannot be occupied by the owner until the agreement concludes.
Investing with DHA
This sale is on behalf of a DHA lessor and is governed by a DHA Lease Agreement. You can learn more about Defence Housing Australia and its investment benefits by visiting dha.gov.au.
To arrange a private inspection, contact Sean Breitkreutz on 0439 900 484. Please note: in line with DHA regulations, private inspections require 72 hours' notice.
All property information (including area, floor size, pricing, address and general description) has been provided to Bright Property by third parties and is presented here as a convenience to prospective purchasers.
