SoldFeb 21, 2020

Condamine St West Wodonga VIC 3690

$365,000

4
2
2
0 m²
578 m²

House

•

30+ days on the market

Sold: Feb 21, 2020

LEASED UNTIL 2024 - GUARANTEED RENT. INVESTOR OPPORTUNITY.

This home is perfect for investors looking for good long term growth and security with approx 5 years still remaining on the 6 year lease (+ a 3 yr option). The DHA (Defence Housing Australia) lease offers the new owners guaranteed income, resulting in stress free investing, regardless of wether the home is tenanted. PROPERTY FEATURES: * Modern lowset brick home * 4 Bedroom inc Main with Ensuite, WIR and Air Con * 2 Separate living areas inc Family/Rumpus and Living/Dining * Outdoor entertaining area * 578 sqm block * Built 2009 LEASE DETAILS : * Leased until 16/02/2024 * Option available : 1 x 36 month option * Right to vary : 1 x up to 12 months reduction or 1 x up to 12 months extension * All options/extensions are in DHA's favour. * Current Gross rent $400pw and reviewed annually each December. 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 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 Sharon Richter 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, and are for illustration purposes only.

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