Illawarra Rd Marrickville NSW 2204 - Unit Sold on 22 01 2020

SoldJan 22, 2020

Illawarra Rd Marrickville NSW 2204

Amount undisclosed

0 m²

Unit

•

16 days on the market

Sold: Jan 22, 2020

Instant return above market rent via long term leaseback to Defence Housing Australia

Urban Land Housing is proud to present an opportunity to secure a great high return investment in the heart of Marrickville. The property provides distinct value to investors due to its current enrolment in the Defence Housing Australia investment management scheme. What this means is the property is on a long lease until 2022 while it houses defence personnel, DHA the body who manage the property for you guarantee all rent and payments will be made without any delay & can also confirm 100% occupation until 2022. The benefits of DHA investing don’t stop there – You will also enjoy above-market rent return based on the suburb medians which can only go up but not go down PLUS you get the added benefit of DHA standard maintenance, on the termination of the DHA lease period the lessor may also be entitled to a lease-end make-good. In the heart of Marrickville you will enjoy easy tenancy should you invest, or brilliant convenience when you move in and make it your home. There is transport & retail infrastructure nearby assuring everything you need is within convenient proximity & ensuring great capital growth into the future. • Weekly rental amount of $575 per week • Lease expiry- 31/07/2022 • Option available- 1 x up to 36 months • RTV - 1 x up to 12 months reduction and 1 x up to 12 months extension 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. If you would like the opportunity to learn more about the myriad of benefits associated with DHA investing don’t hesitate to call 0422 580 577.

Buyer's review

over 6 years ago

Verified Review

Refreshing

Theesan was refreshingly open, accessible and responsive during the purchase process. He was a pleasure to deal with and worked hard to get all our questions answered quickly.

Buyer

Seller's review

over 6 years ago

Verified Review

Sale of Property Review

Theesan's energy is infectious. He is a wonderful communicator and knows all of the right strategies to attract potential buyers. He offers weekly reports on the status of the sale of a property and goes above and beyond. I was thrilled with the final result, exceeding my expectations.

Seller