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 June 2026. The new owners have the option to live in at the end of the lease with the benefit of a full repaint inside and out. Alternatively, buyers considering the home as an investment can take the option to enter a new lease until December 2032, plus 1 x 3 yr option that would take it through until 2035.
Located on a quiet street in the Kalynda Chase development in Bohle Plains, now one of Townsville's most popular developments with tennis courts, walking tracks, a gym, convenience shopping, restaurants and public transport.
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 professional 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.
CURRENT GROSS RENT for 2025: $600pw and adjusted each January according to an independent professional valuation.
LEASE DETAILS :
* Current Lease 09-06-2011 to 08-06-2026
* New Lease available 09-06-2026 to 08-06-2032
* Lease option 1 x 36 month option
* Right to vary 1 x up to 12 months Reduction and 1 x up to 12 months Extension
* All options/extensions are in DHA's favour.
PROPERTY FEATURES:
* Spacious, Modern lowset brick home
* 4 Bedrooms
* Master Bedroom inc Master with Ensuite, Walk in robe and Air Con
* 2 Separate living areas, inc Kitchen/Dining/Family and separate Lounge, flowing out to the undercover entertaining area through glass sliding doors.
* Air conditioning and fans throughout
* Double lock-up garage with internal entry
* Security Screens
* 577 sqm block
* Built approx 2011
RATES - COUNCIL AND WATER COMBINED - Approx $2412 per 6 months, less cost of usage rebated by DHA.
DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time, regardless of whether the house is tenanted
* Annual independent rent reviews
* Most maintenance is 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 a rental guarantee and a no fuss investment property; let DHA do all the hard work for you.
SUBURB PROFILE :
Bohle Plains offers a peaceful and burgeoning lifestyle just a short drive from the heart of Townsville. Approximately 15-20 kilometres from the Townsville CBD, this family-friendly suburb provides a serene escape without sacrificing convenience. Residents benefit from easy access to major arterial roads and public transport options, ensuring a smooth commute to employment hubs, education facilities like James Cook University, and the bustling city centre. Bohle Plains boasts a growing array of local amenities, including new shopping precincts, well-regarded schools, and ample parklands perfect for recreation and outdoor activities. The nearby Riverway precinct also offers a vibrant hub for leisure, cultural events, and community gatherings, making Bohle Plains an increasingly popular choice for those seeking a balanced and connected lifestyle in Townsville's thriving northern corridor.
** 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 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 accepts 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.
