Sale VIC 3850
$385,000

DESCRIPTION

This property is a perfect and secure investment rented to DHA (Defence Housing Australia) for the next 3 years or more, with a lease right through until 2022 plus an additional 3 year option available. With a generous 800 sqm of land it would make the perfect family home at the end of the DHA lease. In the interim investors can enjoy all the freedom of guaranteed income, resulting in stress free investing, regardless of wether the home is tenanted.



PROPERTY FEATURES:

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

* 2 Separate living areas inc separate Family & living rooms

* Outdoor entertaining area
* 800 sqm block
* Built 2009



LEASE DETAILS :

* Leased until 21/12/2022

* 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 $380pw 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

* 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.



Sale is located 220km South East of Melbourne, in Victoria's Gippsland region, and supports a capacity of approximately 700 RAAF personnel. The base plays a major role in training the next generation of Air Force personnel & with the Governments recent $400M upgrade the base is set to become the home of Defence Force aviation training for decades to come.

* 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.