Burdell QLD 4818
$359,000+

DESCRIPTION

This home is perfect for investors looking for good long term growth and security with approx 4 years still remaining on the 12 year lease (+ a 3 yr option). The DHA (Defence Housing Australia) lease offers the new owners guaranteed income, resulting in stress free investing, regardless of wether the home is tenanted.

Burdell is a northern suburb of the City of Townsville with approx 9000 people. It is only a short drive to local shops, schools and restaurants.



PROPERTY FEATURES:

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

* 2 Separate living areas inc Family/Dining and Living

* Outdoor entertaining area
* 450 sqm block
* Built approx 2011



LEASE DETAIL
* Leased until 19/3/2024

* 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 $423pw and reviewed annually each December. Currently yielding 6.11%

DHA LEASE BENEFITS:

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

* Annual independent rent reviews

* Most maintenance paid for by DHA

* 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.