Freshwater Drive Douglas QLD 4814 - House Sold on 18 10 2023

SoldOct 18, 2023

Freshwater Drive Douglas QLD 4814

$515,000

270 m²

762 m²

House

•

29 days on the market

Sold: Oct 18, 2023

Potential Guaranteed Tenant until 2033!!

SOLD By Santo Spinella & Phill Charlwood Calling all investors, if you are looking for a long term investment that is very hands off, then look no further. This family home located in Douglas is currently leased to DHA (Defence Housing Australia) with potential further options to extend this until 2033!! Douglas is one of Townsville's most sought after locations, being positioned at the foot of Mount Stewart and within arms length of Townsville University Hospital (the largest hospital in QLD outside South East Queensland), Townsville's James Cook University, and of course one of Australia's largest Army Barracks. Townsville is proudly a supporter of the large local military population and this is why Defence Housing Australia has many great assets in the region. The property features four bedrooms, all fitted with air conditioning and ceiling fans. Multiple living spaces offer so much space for the family to branch out and find a quiet corner. Low maintenance block and a solid brick and tile construction ensures the home will stand the test of time. Great opportunities like this will not last long, so enquire today!! Lease details: Current weekly rent: $530 per week (Reviewed Annually) Lease end date: 14/04/2024 Option Available: Current options are exhausted, but DHA has extended an Offer to extend Lease to 2033 (subject to final approval) Right to Vary Available: N/A (All Options/Variations are exercised at DHA's discretion) 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 and applies to commencement rent). This property is for sale on behalf of a Defence Housing Australia lessor and has a Defence Housing Australia lease in place. Visit dha.gov.au to learn the benefits of investing in Defence Housing Australia property. 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, and are for illustration purposes only.

Buyer's review

almost 3 years ago

Verified Review

Definite 5 Star Service!!

We cannot recommend Santo and the team at Ray White Townsville highly enough. He was always extremely quick to respond and thorough in his explanations, whilst being extremely professional. We felt like we could ask any questions or express any concerns and that he had our best interests at heart. The team exceeded all expectations, liaising with all relevant parties on our behalf including, DHA, Solicitors, current Tenant & Roofing Contractors with professionalism, accuracy and timeliness. Thanks again Santo.

Steve & Fiona

Buyer

Seller's review

almost 3 years ago

Verified Review

Personal and professional - what you expect and get

Santo from Ray White was amazing to work with. He took the time up front to understand our needs and then put that into action with no fuss and in a professional manner. Knowing the market is only 1 aspect of the sale, Santo knew so much more through effective communication techniques. A real pleasure to work with.

Seller