SoldOct 22, 2020

Tinonee Road Waratah NSW 2298

$555,000

3
2
2
301 m²

Townhouse

30+ days on the market

Sold: Oct 22, 2020

EXCELLENT LOCATION, MODERN TOWNHOUSE UNDER DHA LEASE UNTIL MAY 2024, OBTAINING $520 PER WEEK RENT.

Built in 2009 this modern two-storey townhouse offers investors the opportunity to enter the Newcastle market with the assurance of guaranteed rent from DHA (Defence Housing Australia). Featuring 3 spacious bedrooms and 2 bathrooms upstairs, the master bedroom also includes a generous walk-in-wardrobe. The property offers plenty of space over 2 levels, with an open plan kitchen overlooking a family and meals area, a separate living area, on the same level, is perfect as a kids or parent hide-away. Sliding glass doors from the family room lead to an undercover outdoor entertainment area and well maintained, sizable yard. Conveniently located, the property is in a quiet area of Waratah with access to all the important amenities including Waratah Train Station, Waratah Shopping Village, MacDonald Jones Stadium and local shops and cafes, with Westfield Kotara a short 10 minute drive away. This property offers the astute buyer a no-fuss, stress-free investment with rental income guaranteed every week by Defence Housing Australia (DHA). PROPERTY FEATURES: * Modern low maintenance 2-storey townhouse * 3 large bedrooms incl. main with ensuite, WIR * Air conditioning throughout * 2 separate living areas incl. family/dining and separate living area * Kitchen appointed with a gas cooktop and stainless steel oven * Floorboards and carpeted bedrooms * Safety screens throughout * Outdoor covered patio * Double lock-up auto garage with internal entry access * Minutes to the train station for quick access into the city and entertainment venue * Built 2009 CURRENT LEASE FEATURES : * DHA Lease edition: Edition 5B * Lease start date: 01/06/2009 * Lease end date: 31/05/2024 * Lease option: Used * Right to vary: 1 x up to 12 months Reduction or Extension * Note: The option and right to vary is at DHA’s discretion. CURRENT RENT : $520pw and assessed annually. DHA LEASE BENEFITS: * DHA guarantee to pay the rent even if the property is vacant * DHA Property Care, an all-inclusive service fee, covers a range of property related services. * The property is cleaned at the end of each tenancy period. * The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement). * A rental floor may apply to the DHA Lease Agreement (applicable to specific lease editions & applies to commencement rent). 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 Jennifer Andrew 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 & not been taken for the purpose of marketing.

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