Townsville is experiencing high rental yields, experts are reporting Townsville is still offering good capital growth options.
DHA (Defence Housing Australia) Lease.
Offers guaranteed Rental Income.
Comprehensive property care/maintenance package.
Annual independent rental valuations and adjustments (designed for stress free investment).
Investor can be located anywhere in the country.
Looking for a secure property portfolio.
Selling to another Investor at any time during the lease.
Having a current DHA (Defence Housing Australia) lease in place with rent guaranteed until the end of the lease locked in until September 2026 , with the option to extend. Once the lease ends the home will be re-carpeted and re-painted inside & out before being handed back.
*You can then do as you like - Move in! rent privately!
*Also discuss with DHA their requirements for a longer term lease basis with the potential of a new lease.
LEASE DETAILS:
*DHA lease version 8
*Lease start date 14/9/23
*Lease end date 13/9/2026
*Lease option 3years
CURRENT GROSS RENT for 2024: $ 560 per week adjusted December each year in December according to an independent professional valuation using comparable rental information.
PROPERTY DESCRIPTION:
Built: 1999 Approx. built for DHA
Spacious family size home & yard.
Allotment 804m2.
• FRONT PORCH ENTRY into Entry Foyer.
• 4 BEDROOMS - (Main 3.9 x 3.3 with Ensuite, Built-in Wardrobe, Air-Con & Fan).
(Bedrooms 2,3,4 sizeable & carpeted, air-conditioned & with fans - bedrooms 2 & 3 with built-in robes & 4th nursery room or study).
• BATHROOMS X 2 (Ensuite to main (shower vanity & toilet) + (Family Bathroom shower cubicle, bath & vanity toilet adjoining).
• KITCHEN - 5.4 x 2.8 *Galley Style (great storage - large walk-in pantry & long counter top and cabinetry storage).
• LIVING /DINING ROOM 6.9 x 4.6.
• FAMILY ROOM + MEALS AREA OR MUSIC ROOM 7.5 x 3.6.
• OUTDOOR BBQ / ENTERTAINMENT PATIO - (double glass door opens into the family room).
• GARAGE (vehicle space x 2 with auto opening).
• SECURITY SCREENS & DOORS throughout.
• BACK YARD (has double gate entry) great for parking of boats/caravans).
• GARDEN SHED.
• LAUNDRY (opens out to outdoor drying area).
A lovely street address in a popular sort after suburb of Townsville, walking distance to schools & sporting facilities, bikeways and parks throughout the district.
Convenient access to the following:
ANNANDALE SHOPPING CENTER, FAIRFIELD SHOPPING PRECINCT, CHILD CARE FACILITIES, 5 X SCHOOLS (Primary & Secondary).
MURRAY SPORTING FACILITIES.
Quick easy access to the City Heart, Lavarack Army Barracks, Townsville University Hospital, University.
PRIVATE VIEWINGS ONLY AVAILABLE ON THURSDAYS:
CONTACT AGENTS
BRAD READ OR LESLEY ROWAN
TOWNSVILLE RIVERSIDE PROPERTY.
Phone 0401274555 (B) or 0400516143 (L). to arrange your viewing.
*Investing with DHA - A DHA Lessor is looking to sell this property with a DHA Lease Agreement in place.
* Benefits of investing in a DHA property for details, visit dha.gov.
Example.
• Re-letting fees ZERO.
• Guaranteed rent paid on time every time regardless of whether the house is tenanted.
• Annual independent rent reviews.
• Most non-structural maintenance paid for by DHA
• The Lessor may also be intitled to a lease-end make-good (refer to the DHA Lease Agreement).
