West Wodonga VIC 3690
$410,000

DESCRIPTION

Available to a savvy investor is this modern 4 bedroom home owned independently and leased back by DHA (Defence Housing Australia). You will receive guaranteed rent from the perfect tenant (DHA) that will provide an ongoing income stream into the long term. A strong cash flow is the key ingredient to making a sound investment.

While independently purchased properties are vulnerable to fluctuating demand for rental properties, there is no risk of vacancy costs with your DHA property. Even if the property is without a tenant for a period of time, DHA will still pay the rent while it's vacant.



PROPERTY FEATURES:

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

* 2 Separate living areas inc Family/Rumpus and Living/Dining

* Outdoor entertaining area
* 607 sqm block
* Built 2010



LEASE DETAILS :

* Leased until 01/12/2022

* 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 $390pw and reviewed annually each December.

DHA LEASE BENEFITS:

* DHA guarantee to pay the rent even if the property is vacant.
* Annual independent rent reviews

* 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 professionally 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. 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.



* 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.