INVESTORS : We are proud to present investors with this desirable home, currently under lease to DHA (Defence Housing Australia) until 2030 with a three year option that would take it through until 2033. Currently rented at $580 per week and assessed annually with an independent & professional valuation to obtain updated market rent, before being adjusted accordingly on the 1st of January every year.
A DHA (Defence Housing Australia) lease offers the new owners amazing inclusions such as :
* Guaranteed rental income
* Comprehensive property care/maintenance package
* Annual independent registered rental valuations and adjustments
* Sell anytime to another investor
Designed for stress free investing and 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. At lease end the home would be handed back for you to do as you like - move in, rent out privately or sell. You can also choose to discuss DHA's requirements for the home on a longer term basis with the potential for a new lease. You're are free to sell to another investor at any time during or at the end of the lease.
Sale is located 220km South East of Melbourne, in Victoria's Gippsland region, and supports a capacity of approximately 700 RAAF personnel. The base plays a major role in training the next generation of Air Force personnel & with the Governments recent $400M upgrade the base is set to become the home of Defence Force aviation training for decades to come.
LEASE DETAILS :
* Lease start date: 21/04/2024
* Lease end date: 20/04/2030
* Lease option: 1 x 36 months
* Right to vary: 1 x up to 12 months Reduction and 1 x up to 12 months Extension
RENT 2026 : $580pw and adjusted annually based on the assessment from independent registered valuer.
PROPERTY FEATURES:
* Modern lowset brick home
* 4 Bedroom inc Main with Ensuite, Air conditioning and walk in robe
* 3 Separate living areas inc Lounge, Living/Casual Dining and Family/Dining room.
* Double garage with internal entry
* Outdoor entertaining area
* Generous 978sqm flat block
* Security screens
* Evaporative cooling and gas ducted heating throughout.
* Built approx 2008
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 in DHA leased homes - 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 specialist. In accordance with DHA regulations, we advise that this property will only be available for private inspections and to pre-qualified buyers.
Information provided above has been obtained from various sources from which we believe to be accurate, however, Hudson Property Agents accept no liability for any errors or omissions, including but not limited to a Floorpan, build date, land size, floor plans and size, 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.
