Burdell QLD 4818
$389,000

DESCRIPTION

If you are searching for a stress free investment, this property located inBurdell, Townsville will suit you perfectly! There is a secure DHA (Defence Housing Australia) lease in place with your rent guaranteed until the end of the lease in March 2024 with a 3 year option.

Currently renting at $466pw resulting in a massive yield of approx 6.23%.

This modern and spacious home is perfect for investors looking for good long term growth and the security of guaranteed rental income even if the home becomes vacant during the lease.



PROPERTY FEATURES:

* Modern lowset brick home
* 4 Bedroom inc Main with Ensuite, WIR and Air Con

* Separate living areas inc Family, Dining and Living

* Air conditioning

* DLUG

* Outdoor entertaining area
* Generous 576 sqm block



LEASE DETAILS :

* Leased until 08/03/2024

* Option available : 1 x up to 36 month option

* 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 $466pw and reviewed annually each December.

DHA LEASE BENEFITS:

* Guaranteed rent paid on time every time regardless of whether the house is tenanted

* Annual independent rent reviews

* DHA is responsible for organising and covering the cost of most non-structural repair and maintenance.

* 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. Enjoy all the benefits of rental guarantee and a no fuss investment property; 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 Lease Agreement in place. Visit Visit Website to learn about the benefits of investing in a DHA property. If you would like to arrange an inspection please contact Sharon Richter of Hudson Property Agents - the Defence Properties specialists.