SoldNov 7, 2025

Chesham Dr Kirwan QLD 4817

$674,000

4
2
2

House

30+ days on the market

Sold: Nov 7, 2025

Spacious Family Living & a Secure DHA Investment

When it comes to peace of mind in property investment, it doesn't get stronger than a lease with Defence Housing Australia (DHA). Backed by the Australian Government, DHA guarantees uninterrupted rental income-even during vacancies-and arranges all management on your behalf. Better still, with annual independent rent reviews, you can feel confident knowing your property is always returning current market value. Currently leased at $575 per week, yearly rental reviews and the lease runs until October 2030, this spacious family home is an exceptional long-term investment, delivering consistent cash flow with virtually no day-to-day involvement required. Property Overview Set on a 510sqm block in a quiet, family-friendly pocket of Kirwan, the residence has been designed for comfort and practicality. Inside you'll find four generously sized, fully air-conditioned bedrooms, with the master suite offering a walk-in robe and ensuite. Multiple living spaces-including a lounge, family, and dining room-create a flexible layout that caters to modern living. The large kitchen is at the heart of the home, overlooking the family area and flowing directly out to a spacious covered patio. From here, tenants can enjoy relaxed outdoor living while overlooking the big backyard, which also benefits from double-gate access-ideal for storing a boat, trailer, or creating additional value in the future. With its well-appointed floorplan and family-sized proportions, this property offers lasting tenant appeal, ensuring stability throughout the lease term and beyond. Investment Snapshot Weekly rent: $575 Yearly Rental Review Due: 31 December 2025 Annual gross rental income: $29,900 Lease secured until: October 2030 Land size: 510sqm Rates: $2,427.00 per half year (Jul-Dec 2025) Investment Standouts Government-Backed Lease: DHA provides one of the most secure tenancies in Australia, guaranteeing rent even during vacancy. Annual Market Reviews: Independent valuations ensure your income always reflects current market conditions. Lease Stability: With the current lease locked in until October 2030, you'll enjoy peace of mind and reliable returns for years to come. Tenant Appeal: Four bedrooms, multiple living areas, air-conditioning throughout, modern kitchen, and a master with ensuite and walk-in robe. Outdoor Lifestyle: Covered patio and large fenced backyard with double-gate access-perfect for North Queensland living. Effortless Management: DHA handles the tenancy, inspections, and maintenance, making this a truly turn-key investment. For investors seeking a secure, long-term opportunity with hands-free management, this home is the ultimate set-and-forget property.

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