**INVESTORS:** This property represents a perfect opportunity for a savvy investor. There is a current DHA (Defence Housing Australia) lease in place and rent is secured until the end of the lease, locked in until November 2027 with a 3 year option that would take it through until 2030.
Situated on a generous 445sqm block on a quiet street in the suburb of Raceview which is rapidly becoming a sought-after location for investors, thanks to its strong rental demand and proximity to essential amenities such as schools, parks, and shopping centres. The suburb's ongoing development and community-focused initiatives further enhance its appeal, driving strong potential for continued capital growth. Investing in Raceview means securing a property in an area that continues to thrive, making it a smart choice for those looking to build a robust investment portfolio. Raceview is conveniently situated just 5 kilometers from the Ipswich central business district, providing easy access to urban amenities and services. Additionally, it is approximately 40 kilometers to Brisbane CBD.
A DHA lease offers the new owners amazing inclusions such as secure rental income, a comprehensive property care/maintenance package, & periodic independent professional rental valuations and adjustments, all of which are designed for stress-free investing. Ideal for investors located anywhere in the country, perfect for those starting their property portfolio and looking for a safe and secure option. At lease end, the home is repainted at DHA's expense before being handed back for you to 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 also free to on-sell to another investor at any time during the lease.
LEASE DETAILS:
* Lease start date: 30/11/2018
* Lease end date: 29/11/2027
* 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: $625pw and adjusted at the end of each year based on the assessment from independent professional valuer.
PROPERTY FEATURES:
* Modern lowset brick home
* 3 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
* 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
* 445 sqm block
* Built approx 2018
RATES :
Council - approx $x per qtr
Water - approx $x per qtr
DHA LEASE BENEFITS:
* Secure rental income paid on time every time regardless of whether the house is tenanted
* Periodic 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.
