INVESTORS : A smart investment in a highly regarded Toowoomba suburb, this well-designed DHA Leased home combines space, practicality and long-term tenancy security. Set on a 600sqm block, the property offers four bedrooms, two bathrooms, a double carport and two extra-large living areas, creating a spacious floorplan ideal for comfortable modern living.
Leased to Defence Housing Australia (DHA) on a long term lease and currently at $700 per week, this is an excellent opportunity for investors seeking reliable income and a professionally managed asset. With a strong lease structure in place, low-maintenance appeal and a quality tenant, this home presents a secure addition to any portfolio.
LEASE DETAILS:
* Lease start date: 06/05/2024
* Lease end date: 05/05/2030
* 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/extensions are in DHA's FAVOUR.
CURRENT GROSS RENT for 2026: $700pw and adjusted annually based on the valuation provided by an independent professional valuer.
DHA INVESTMENT BENEFITS:
A DHA lease offers the new owners valuable inclusions such as guaranteed rental income, a comprehensive property care and maintenance package, and annual independent professional rental valuations and adjustments, all designed for stress-free investing. It is an ideal option for investors located anywhere in the country, SMSF buyers, and those starting their property portfolio who are seeking a safe and secure choice. At lease end, the home is repainted at DHA’s expense before being returned, allowing you to move in, rent privately or sell. The property may also be onsold to another investor at any time during the lease.
PROPERTY HIGHLIGHTS:
* Modern lowset brick home
* 4 Large Bedrooms
* Master Bedroom inc Main with Ensuite, Walk-in Robe and Air Conditioning
* 2 Separate living areas inc Large Family & Dining zone and separate Lounge/Media room
* Access to outdoor living through sliding glass doors
* Modern Kitchen with stainless appliances and ample storage
* Air conditioning throughout
* Ceiling fans throughout
* Easy care tiles throughout
* Double lock up garage with storage and internal entry
* Security Screens
* Outdoor undercover patio/entertaining area
* Gated Side access
* 600 sqm block
* Built approx 2005
WHY INVEST IN KEARNEYS SPRING / TOOWOOMBA?
Kearneys Spring is one of Toowoomba’s established and well-connected residential suburbs, with easy access to schools, shopping and recreation. The area is close to local parks and sporting facilities, including Kearneys Spring Park and upgraded community recreation spaces, while the wider Toowoomba region offers a strong lifestyle and amenity base with major shopping, education, healthcare and employment hubs. Toowoomba continues to attract investors thanks to its growing regional economy, strong rental demand and family-friendly lifestyle.
RATES :
Council : approx. $1,718 per 6 months
Water : approx. $375 per 4 months
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
**A note for Owner Occupiers** This property is sold with a DHA lease in place which offers significant benefits to the investor; however, it 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 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 due diligence in addition to obtaining legal advice from their appointed solicitor or conveyancer.
