For Sale

Callus Street Killara VIC 3691

$800,000 - $835,000

4
2
2
608 m²

House

1 day on the market

KILLARA'S FINEST INVESTMENT PROPERTY - LONG LEASE TO DHA UNTIL 2030.

INVESTORS : Positioned in the established suburb of Killara, this modern four bedroom home combines strong investment fundamentals with broad tenant and future owner-occupier appeal. Set on a 608sqm block and leased to Defence Housing Australia, the property offers dependable rental income today, with flexibility at lease end for those looking to move in, re-let privately or sell. CURRENT 2026 RENT : $650pw and adjusted periodically based on the valuation provided by an independent professional valuer. LEASE DETAILS: * Lease start date: 19/12/2024 * Lease end date: 18/12/2030 * Lease option: 1 x 36 months * Right to vary: 1 x up to 12 months reduction and 1 x up to 12 months extension * All options and extensions are in DHA’s favour PROPERTY HIGHLIGHTS: * Modern lowest four bedroom home in a well-established residential pocket of Killara * Master bedroom positioned at the front of the home with a large walk-in robe and private ensuite * Three additional bedrooms located at the rear, each with built-in robes * Well-appointed kitchen with quality stainless steel appliances including gas cooktop * Extra-large walk-in butler’s pantry * Open plan family and dining area flowing to the outdoor entertaining area * Low-maintenance backyard with additional storage shed * Evaporative cooling and ducted gas heating throughout * Ceiling fans in all bedrooms * Double garage with internal access and remote door * Evaporative Ducted Cooling * Gas ducted heating * Security screens Positioned in the established suburb of Killara, this modern four bedroom home combines strong investment fundamentals with broad appeal for both investors and future owner-occupiers. Set on a 608sqm block and leased to Defence Housing Australia, the property delivers dependable rental income today, while also offering excellent flexibility at lease end for those looking to move in, re-let privately or sell. Killara is a suburb within Wodonga and is approximately a 10-minute drive to Latchford Barracks and approximately an 8-minute drive to Wadsworth Barracks. DHA LEASE BENEFITS: * Secure rent paid on time every time regardless of whether the property is tenanted. * Periodic independent rent reviews * Most maintenance paid for by DHA * The lessor may also be entitled to a lease-end make-good including new paint and carpet(refer to the DHA Lease Agreement). * Zero re-letting fees These are just some of the benefits of the DHA lease attached to this property. Enjoy all the benefits of secure rental income and a no fuss investment property; let DHA do all the hard work for you. A note for Owner Occupiers - This property is sold with a DHA (Defence Housing Australia) lease in place, which offers significant benefits to investors, however it cannot 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 coordinated 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 Floorplan, 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.

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