If you are seeking the perfect investment opportunity, then this is the one for you! With a secure DHA (Defence Housing Australia) lease in place, you have guaranteed returns until the end of the lease in January 2027. Currently rented at $530 per week and returning a solid gross yield of 6.1%, this is an outstanding opportunity to boost your property portfolio.
Nestled at the base of Mount Louisa in the Greenview Estate sits this expansive, four-bedroom family home resting comfortably on a low maintenance 797sqm allotment, this home and its location have so much to offer. Within very close proximity to major shopping centres, entertainment precincts and a variety of both public and private schooling options. The estate features plenty of space for outdoor activities for residents to enjoy from walking and cycling tracks to open parklands for the kids.
With Townsville experiencing some of the highest rental yields in the country, vacancy rates continuing to come down and property experts reporting Townsville is on the way back from its previous downturn, now is the perfect time to consider investing in the region.
THE PROPERTY:
• Built in approximately 2006
• Modern fixtures and fittings throughout
• Four large bedrooms with built-in wardrobes
• Primary bedroom with ensuite and walk-in-robe
• Separate living room plus optional home office/theatre room
• Stainless-steel appliances
• Double lock up garage
• Split-system air-conditioning throughout
• Separate WC
• Security screens
• Internal laundry
• Large outdoor entertaining area/patio
• Garden shed
• Double side access
• 797sqm corner block
LEASE DETAILS:
• Weekly return $530 per week
• Lease start date 13/1/2021
• Lease end date 12/1/2027
DHA LEASE BENEFITS:
• Guaranteed rent paid on time every time regardless of whether the house is tenanted
• Annual independent rent reviews
• At the end of each tenancy period, the property is cleaned and often refreshed
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. In accordance with DHA regulations, we advise that this property will only be available for private inspections to pre-qualified buyers. Information provided above has been obtained from various sources from which we believe to be accurate, however, Explore Property Townsville accepts no liability for any errors or omissions, including but not limited to a Floorplan, 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.
