Address available on request, Douglas, Qld 4814

** Offers closing 3pm Sunday 5th May **

INVESTORS: We are proud to present investors with this desirable home, currently under lease to DHA (Defence Housing Australia) until 2030 plus 1 x 3 yr option which could take it through until 2033! . Currently rented at $570per week and adjusted on 1st January each year to align with market rent. Located in Douglas and situated within walking distance to all major public facilities, minutes from quality schools, Townsville CBD, James Cook University and Townsville Hospital. This lovely home offers plenty of opportunity for the future growth of the region and is situated just metres from the Ross River and not affected by flooding.

A DHA (Defence Housing Australia) lease offers the new owners amazing inclusions such as GUARANTEED RENTAL INCOME, A COMPREHENSIVE PROPERTY CARE/MAINTENANCE PACKAGE, & ANNUAL INDEPENDENT PROFESSIONAL RENTAL VALUATIONS AND ADJUSTMENTS, all of which are designed for stress free investing. Ideal for investors located anywhere in the country, superannuation funds, and perfect for those starting their property portfolio and looking for a safe and secure option. At lease end the home would be handed back for you to do as you like - move in, rent out privately or sell. You're also free to onsell to another investor at any time during the lease.

LEASE DETAILS :
* Lease edition 7
* Lease start date : 15/04/2024
* Lease end date : 14/04/2030
* Lease option 1 x up to 36 months
* Right to vary 1 x up to 12 months
* NOTE : All options/extensions are in DHA's favour.

CURRENT RENT 2024: $570pw and adjusted each annually according to an independent professional valuation

FEATURES:
* 4 bedrooms/ 2 Bathrooms and Double Lock up garage
* Master bedroom, air conditioned, robe and en suite
* Open plan dining, kitchen and family air-conditioned flows out to the undercover entertaining area through glass sliding doors.
* Air conditioning and fans throughout
* Tiled living and carpeted bedrooms and lounge
* Separate laundry
* Double auto garage
* Large undercover outdoor entertaining area perfect for alfresco living and dining
* Safety screens throughout
* Smoke alarms and electrical safety switch
* 735SQM of land
* Built In 2006

COUNCIL & WATER RATES: TBC

DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is tenanted
* Annual independent rent reviews
* Most non structural 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.


** A note for Owner Occupiers -This property is sold with a DHA (Defence Housing Australia) lease in place which offers significant benefits to the investor however can’t be occupied by the owner/s until the lease ends **

***Investing with DHA - This property is for sale on behalf of a DHA Lessor and has a DHA Lease Agreement in place. Visit dha.gov.au 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. In accordance with DHA regulations, we advise that this property will only be available for private inspections and must be co-ordinated by the agent with the tenants.
Information provided above has been obtained from various sources which we believe to be accurate, however, Hudson Property Agents accept no liability for any errors or omissions, including but not limited to a Floorpan, lease dates, build date, land size, floor plans and size, and property condition. Interested parties should make their own enquiries and conduct their own due diligence in addition to obtaining legal advice from their appointed solicitor or conveyancer.