Verbena Dr Mount Sheridan QLD 4868 - House Sold on 30 06 2018

SoldJun 30, 2018

Verbena Dr Mount Sheridan QLD 4868

$395,000

709 m²

House

•

30+ days on the market

Sold: Jun 30, 2018

Rock Solid Investment Return of 4.36 NETT – Defence leased until 2022 + 3yr option.

Rock Solid Defence Housing Lease until 02/08/2022 !! + 3yr Option to extend . Weekly Gross Rent - $410 or NETT $ 17,863.32 per annum. Quality 4 brm family home. What a great investment - Zero vacancy rate with a Defence Australia lease – your bank manager will love this!! Genuine seller offering an EXCELLENT NETT return of 4.36 % - better than the banks these days.. Spacious 4 bedroom family home located in popular & family friendly Mount Sheridan, with mountain views from the back yard & is amongst quality homes & neighbours. Convenient access to Mount Sheridan Plaza shopping centre, nearby sporting facilities & bus transport to the city. Just set and forget while your investment is professionally managed by Defence Housing Australia (DHA) with their guaranteed lease in place until 2/08/22 + 3 yr option – an ideal property for you Super portfolio!! DHA Lease Summary Lease edition: Edition 6B. Lease start date: 3 /08/2010 Lease end date: 02/08/2022 PLUS OPTION - Lease option: 1 x up to 36 months (Note the option and right to vary is at DHA’s discretion) Right to vary: 1 x up to 12 months Reduction and 1 x up to 12 months Extension Weekly Gross Rent - $ 410 or NETT ANNUAL RENT = $ 17,863.32 CLEAR AFTER D.H.A. MANAGEMENT FEES AND GST. DHA Lease Edition 6B provides for lease end restoration works completed at the termination of the lease. Investing with DHA – This property is for sale on behalf of a DHA lessor and has a DHA lease in place. Visit dha.gov.au to learn about the benefits of investing in DHA property. In accordance with DHA regulations we advise that this property will be available for private inspection only and to prequalified buyers only. Photos are supplied under agreement by DHA and are for illustration purposes only. Guaranteed rent is paid 52 weeks a year. Rent is paid a month in advance. Rent is reviewed in December every year by a registered valuer. DHA Property Care maintenance package included. For an independent review of the Cairns market potential please click on this link for a recent report. https://m.yourinvestmentpropertymag.com.au/property-tips/cairns-a-golden-market-245392.aspx

Buyer's review

over 7 years ago

Verified Review

2 Verbena Drive

I am from Brisbane and our conversation was always over the phone. Dealing with DHA property is not always the best however i found Alison very helpful in our requests and kept up the communication by email and phone. i would have loved to catch up with her. i will gladly use her again if required.

Buyer