Set in the heart of Glenvale within easy reach of Glenvale State School, the Toowoomba Showgrounds and the new Coles Shopping Centre (currently under construction), this property provides an excellent opportunity for investors to buy now and move in later or simply hold as a secure long term investment.
Currently leased to Defence Housing Australia (DHA) for $420 per week through to May 2023 this property provides a guaranteed rent for the duration of the lease and includes yearly rent reviews!
Set on 609sqm within easy reach of local schools & parks and just a short stroll to the new Coles Glenvale (under construction) this ideal investment property features:
• 4 bedrooms with built ins - main with ensuite and WIR
• Open plan living area with ceiling fans
• Centrally located kitchen with modern appliances leading to a private patio
• Separate lounge with air con
• Private patio overlooking the fenced back garden
• Attached double garage with dive through access to the back garden
LEASE DETAILS :
• Leased until 17/05/2023
• Lease option: 1 x up to 36 months
• DHA 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 $420pw and reviewed annually each December.
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.
• At the end of each tenancy period, the property is cleaned.
• The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement)
• Zero re-letting fees
These are just some of the benefits of the DHA lease attached to this property. As the owner of a DHA leased property you'll love the stress-free feeling that comes with having no fuss investment property with a guaranteed income; buy today and 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 (Defence Housing Australia) lease in place. Visit dha.gov.au to learn about the benefits of investing in DHA property. In accordance with DHA regulations we advise that this property will be available for private inspection only and to prequalified buyers only. Photos are supplied under agreement by DHA and are for illustration purposes only.
Please contact Alan Reilly to arrange your private inspection.
